secwatch.observer — SEC 8-K summary
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Issuer:     CION Investment Corp (CION)
CIK:        0001534254
Form:       8-K
Filed at:   2024-08-28T23:59:59+00:00
Accession:  0001104659-24-093867
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CION shareholders approve share issuance below NAV up to 25% of outstanding
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- Share Issuance Proposal approved: 20,555,400 for, 5,740,511 against, 1,527,353 abstentions.
- Authorization allows CION to sell shares at price below net asset value for 12 months.
- Maximum issuance capped at 25% of outstanding shares, with board approval required.
- Meeting reconvened Aug 27 after adjournment on Jul 29; 28.1M of 53.6M eligible shares voted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534254/000110465924093867/0001104659-24-093867-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534254/000110465924093867/tm2422778d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-093867

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