CION Investment Corp 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Shareholders held by CION Investment Corporation on May 23, 2014. The report was filed on May 27, 2014. The record date for the meeting was April 1, 2014.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and shareholder voting results.
Material Changes and Voting Results
Shareholders voted on two primary proposals. As of the record date, 23,991,642 shares were eligible to vote, with 8,701,704 shares voted in person or by proxy.
- Proposal No. 1 (Election of Directors): All nominees were elected to serve until the 2017 annual meeting.
- Robert A. Breakstone: 8,414,938 votes for; 286,766 votes withheld; 0 broker non-votes.
- Aron I. Schwartz: 8,429,322 votes for; 272,382 votes withheld; 0 broker non-votes.
- Proposal No. 2 (Ratification of Auditors): The selection of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2014, was approved.
- Votes For: 8,427,478
- Votes Against: 92,180
- Abstentions: 182,046
- Broker Non-Votes: 0
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Confirmation that Robert A. Breakstone and Aron I. Schwartz were elected to the Board of Directors.
- Confirmation that Ernst & Young LLP was ratified as the independent auditor for the 2014 fiscal year.
- Verification of the total shares voted (8,701,704) against the total eligible shares (23,991,642) to assess shareholder participation rates.