CION Investment Corp 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed on September 14, 2016, reporting an event that occurred on September 13, 2016. The filing concerns CION Investment Corporation, a Maryland-based investment company.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial data disclosed is the declaration of cash distributions.
- Distribution Declaration: Four weekly cash distributions of $0.014067 per share each.
- Payment Date: October 26, 2016.
- Record Dates: October 4, October 11, October 18, and October 25, 2016.
Material Changes
The filing does not disclose material changes in operations or financial condition compared to prior periods, other than the specific declaration of the upcoming distributions.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It strictly reports the board's action regarding distributions and references an attached press release (Exhibit 99.1).
Investor Verification Checklist
- Verify the total distribution amount per share ($0.056268 for the four weeks combined).
- Confirm the record dates to ensure eligibility for the October 26, 2016 payment.
- Review the attached Press Release (Exhibit 99.1) for any additional context regarding the distribution policy or portfolio performance not included in the 8-K text.