secwatch.observer — SEC 8-K summary
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Issuer:     CION Investment Corp (CION)
CIK:        0001534254
Form:       8-K
Filed at:   2023-03-16T23:59:59+00:00
Accession:  0001104659-23-033087
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CION Q4 NII $0.43/share, NAV $15.98; raises distribution to $0.34, up 9.7%
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- Q4 2022 net investment income of $23.9M ($0.43/share); GAAP EPS of $0.17.
- NAV per share $15.98, down from $16.26 due to $0.27 special distribution and mark-to-market.
- First quarter 2023 distribution increased 9.7% to $0.34 per share, payable Mar 31.
- Completed $80.7M public offering of unsecured Series A Notes due 2026 at SOFR+3.82%.
- Portfolio yield on debt at amortized cost rose to 12.36% from 10.76% in prior quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534254/000110465923033087/0001104659-23-033087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534254/000110465923033087/tm239547d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-033087

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