CION Investment Corp 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed on February 19, 2015, reporting events occurring on February 13, 2015. The filing pertains to CION Investment Corporation, a Maryland-based investment company.
Key Financial Metrics
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity. The primary financial disclosure is the declaration of cash distributions.
- Distribution Amount: $0.014067 per share per week.
- Frequency: Five weekly distributions.
- Payment Date: April 1, 2015.
- Record Dates: March 3, March 10, March 17, March 24, and March 31, 2015.
Material Changes
The filing does not contain comparative financial data or details on material changes to operations versus prior periods. It solely announces the new distribution schedule.
Guidance, Outlook, and Risks
The filing does not include management commentary, forward-looking guidance, risk factors, or contingencies beyond the distribution announcement. A press release dated February 19, 2015, is attached as Exhibit 99.1 but its content is not included in this text.
Investor Verification Checklist
- Verify the total annualized yield based on the $0.014067 weekly distribution rate.
- Confirm the current share price to calculate the dividend yield at the time of the announcement.
- Review the attached Exhibit 99.1 press release for any additional context on the company's investment strategy or portfolio performance.
- Check subsequent filings to confirm the actual payment of distributions on April 1, 2015.