---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-045909"
form_type: "8-K"
ticker: "CION"
cik: "0001534254"
company_name: "CION Investment Corp"
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T04:10:46.111493+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CION Q1 NII $0.36/sh, EPS -$0.80; NAV down 7.5% to $14.28; declares $0.36 dividend

## Summary
- Net investment income $0.36/sh; net loss $(0.80)/sh from $64.3M unrealized losses.
- NAV per share fell 7.5% to $14.28 (from $15.43) due to mark-to-market declines.
- Investment portfolio $1.79B in 104 cos; non-accruals improved to 1.20% of fair value.
- New 3-yr $125M UBS facility at SOFR+2.75% (down from 3.20% spread).
- Q2 2025 base distribution $0.36/sh declared, payable June 16 to record June 2.

## SEC filing metadata
- accession: 0001104659-25-045909
- form_type: 8-K
- ticker: CION
- cik: 0001534254
- company_name: CION Investment Corp
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534254/000110465925045909/0001104659-25-045909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534254/000110465925045909/tm2514312d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-045909
- JSON: https://secwatch.observer/filing/0001104659-25-045909.json
- Plain text: https://secwatch.observer/filing/0001104659-25-045909.txt

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