---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-116022"
form_type: "8-K"
ticker: "CION"
cik: "0001534254"
company_name: "CION Investment Corp"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:39:59.388034+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CION Q3 2023 NII $0.55/share, NAV rises 3.2% to $15.80; declares $0.34 quarterly distribution

## Summary
- NII $0.55/share, EPS $0.87; out-earned $0.39 total distribution by 41%.
- NAV per share $15.80 (+$0.49, +3.2% QoQ) on portfolio mark-to-market gains and out-earning distribution.
- Portfolio $1.73B across 109 cos; 85.7% first lien; non-accruals at 1.0% of fair value (down from 1.7%).
- Raised $33.1M in Series A Notes due 2026 (SOFR+3.82%) and $100M unsecured notes due 2027 (SOFR+4.75%).
- Declared Q4 2023 regular distribution $0.34/share, payable Dec 15, record Dec 1.

## SEC filing metadata
- accession: 0001104659-23-116022
- form_type: 8-K
- ticker: CION
- cik: 0001534254
- company_name: CION Investment Corp
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534254/000110465923116022/0001104659-23-116022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534254/000110465923116022/tm2330137d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-116022
- JSON: https://secwatch.observer/filing/0001104659-23-116022.json
- Plain text: https://secwatch.observer/filing/0001104659-23-116022.txt

## Key facts
- Earnings Releases
  CION Investment Corp reported third quarter ended September 30, 2023 results: net income $47,473, EPS $0.87.
  - Period: third quarter ended September 30, 2023
  - Net income: $47,473
  - EPS: $0.87
  - Result: reported results
  source text: CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported financial results for the third quarter ended September 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534254/000110465923116022/0001104659-23-116022-index.htm
- Earnings Releases
  CION Investment Corp updated its fourth quarter of 2023 guidance (initiated).
  - Period: fourth quarter of 2023
  - Guidance: initiated
  - Result: guidance update
  source text: CION’s co-chief executive officers declared a regular quarterly cash distribution of $0.34 per share for the fourth quarter of 2023 payable on December 15, 2023 to shareholders of record as of December 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534254/000110465923116022/0001104659-23-116022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.