secwatch.observer — SEC 8-K summary
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Issuer:     CION Investment Corp (CION)
CIK:        0001534254
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001104659-23-116022
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534254/000110465923116022/0001104659-23-116022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534254/000110465923116022/tm2330137d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-116022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer