{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-058039","form_type":"8-K","ticker":"CION","cik":"0001534254","company_name":"CION Investment Corp","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.303416+00:00","generated_at":"2026-06-15T06:18:07.758055+00:00","sec_items":["2.02","5.05","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"CION Q1 2023 NII $0.54/share, EPS -$0.56; NAV down to $15.11; non-accruals jump to 6.8%","bullets":["Net investment income $0.54 per share (up from $0.43 in Q4 2022); net loss $(0.56) per share.","Net asset value per share fell to $15.11 from $15.98, driven by underperformance of certain investments.","Non-accrual investments rose to 6.8% of portfolio at amortized cost (from 2.0% in Q4 2022).","Declared Q2 2023 distribution of $0.34 per share, payable June 15, 2023.","Completed $80.7M unsecured Series A Notes offering in Israel due 2026 at SOFR+3.82%."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-058039","json":"https://secwatch.observer/filing/0001104659-23-058039.json","markdown":"https://secwatch.observer/filing/0001104659-23-058039.md","text":"https://secwatch.observer/filing/0001104659-23-058039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534254/000110465923058039/0001104659-23-058039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534254/000110465923058039/tm2315003d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T06:18:07.758055+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e86b5f7e165a3de3141b0ba0bb0c26b803c39afb","claim":"CION Investment Corp reported first quarter ended March 31, 2023 results: revenue $65.0 million, net income $ (31,045 ), EPS $(0.56) per share.","evidence_excerpt":"per share $ 0.34 $ 0.58 * *Includes a special distribution of $0.27 per share. Total investment income for the three months ended March 31, 2023 and December 31, 2022 was $65.0 million and $55.5 million, respectively. The increase in investment income was primarily driven by an increase in LIBOR and SOFR rates, dividend income from certain investments and fees","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534254/000110465923058039/0001104659-23-058039-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$65.0 million"},{"label":"Net income","value":"$ (31,045 )"},{"label":"EPS","value":"$(0.56) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7723641b495912760fe00acf61bd1862e2fa0aa0","claim":"CION Investment Corp: Amended and restated Code of Ethics with technical, administrative and non-substantive changes (effective 2023-05-08).","evidence_excerpt":"On May 8, 2023, the Board adopted an amended and restated Code of Ethics (the “Code of Ethics”) reflecting certain technical, administrative and other non-substantive changes.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534254/000110465923058039/0001104659-23-058039-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"code of ethics"},{"label":"Effective","value":"2023-05-08"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}