secwatch.observer — SEC 8-K summary
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Issuer:     CION Investment Corp (CION)
CIK:        0001534254
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001104659-24-115087
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CION Q3 NII $0.40/sh, EPS ($0.01); NAV down 2.2% to $15.73; declares $0.36 distribution
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- Q3 2024 net investment income $0.40/sh; earnings per share $(0.01) due to unrealized losses.
- NAV per share $15.73, down 2.2% from $16.08 primarily from mark-to-market declines.
- Declared Q4 base distribution of $0.36/sh, payable Dec 16, 2024 to holders of record Dec 2, 2024.
- Completed $172.5M baby bond offering (7.5% Notes due 2029, ticker CICB) and amended credit facility reducing spread.
- Repurchased 165,737 shares at avg $12.08 for $2.0M in Q3; total $36.3M repurchased since plan inception.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534254/000110465924115087/0001104659-24-115087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534254/000110465924115087/tm2427532d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-115087

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