secwatch.observer — SEC 8-K summary
======================================

Issuer:     CION Investment Corp (CION)
CIK:        0001534254
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001104659-24-034275
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CION reports Q4 NII per share $0.40, NAV $16.23; declares $0.34 Q1 distribution
-------------------------------------------------------------------------------

- Q4 2023 NII per share $0.40 (vs $0.55 Q3); total investment income $60M, down from $67.5M.
- NAV per share rose $0.43 to $16.23 (+2.7% QoQ); non-accruals improved to 0.9% of fair value.
- Q1 2024 base distribution of $0.34/share declared; payable Mar 28 to holders of record Mar 22.
- Appointed Charlie Arestia as Managing Director and Head of Investor Relations, effective Mar 12.
- Full year 2023: NII per share $1.92, earnings per share $1.74, total investment income $251M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534254/000110465924034275/0001104659-24-034275-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534254/000110465924034275/tm248658d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-034275

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