---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-056729"
form_type: "8-K"
ticker: "CION"
cik: "0001534254"
company_name: "CION Investment Corp"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:39:49.671713+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CION Q1 net investment income $0.25/sh, EPS $(0.45); NAV down 4.7% to $13.11

## Summary
- Total investment income $49.5M (down 8% QoQ); operating expenses $36.7M (up 3% QoQ).
- Net asset value per share fell $0.65 to $13.11; net debt-to-equity rose to 1.62x from 1.44x.
- Non-accrual investments increased to 1.53% of fair value (5.35% at amortized cost) vs 1.78%/4.32% prior.
- Repurchased 1.1M shares at avg $8.71 during Q1; total repurchases since program start $65.2M.
- Declared Q3 2026 monthly distributions of $0.10/sh ($0.30 total), unchanged from prior quarter.

## SEC filing metadata
- accession: 0001104659-26-056729
- form_type: 8-K
- ticker: CION
- cik: 0001534254
- company_name: CION Investment Corp
- filed_at: 2026-05-07T23:59:59+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/1534254/000110465926056729/0001104659-26-056729-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534254/000110465926056729/tm2613748d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-056729
- JSON: https://secwatch.observer/filing/0001104659-26-056729.json
- Plain text: https://secwatch.observer/filing/0001104659-26-056729.txt

## Source-grounded claims
- claim_id: 60e6376d8ac6d26fca2131b517b5b2beafca6500
  claim: CION Investment Corp reported financial results for the first quarter ended March 31, 2026.
  evidence_excerpt: On May 7, 2026, CION issued a press release announcing its financial results for the first quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534254/000110465926056729/0001104659-26-056729-index.htm

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