CION Investment Corp 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed on June 16, 2021, reporting an event that occurred on June 15, 2021. CION Investment Corporation (CIC) is a Maryland corporation. The filing addresses the declaration of regular monthly cash distributions by the company's co-chief executive officers, an action delegated by the Board of Directors.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial figure disclosed is the distribution amount:
- Monthly Cash Distribution: $0.04413 per share for July 2021.
- Record Date: July 27, 2021.
- Payment Date: July 28, 2021.
Material Changes
The filing does not report material changes in operations, financial condition, or results compared to prior periods. It solely announces the routine declaration of the monthly dividend.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or discussion of specific risks and contingencies beyond the standard distribution mechanics. Shareholders enrolled in the distribution reinvestment plan will receive additional shares instead of cash on the payment date.
Investor Verification Checklist
- Verify the ex-dividend date for the July 2021 distribution (not explicitly stated in this text, but typically precedes the record date).
- Confirm enrollment status in the distribution reinvestment plan to determine if cash or shares will be received.
- Review the attached Press Release (Exhibit 99.1) for any additional context regarding the distribution declaration.