CION Investment Corp 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by CION Investment Corporation on May 15, 2014. The report addresses the declaration of cash distributions by the Board of Directors.
Key Financial Metrics
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity. The primary financial metric disclosed is the declaration of four weekly cash distributions of $0.014067 per share each.
Material Changes
No material changes to operations or financial condition compared to prior periods are detailed in this specific filing text. The document focuses solely on the distribution announcement.
Guidance, Outlook, and Management Commentary
Management has declared four weekly cash distributions totaling $0.056268 per share ($0.014067 x 4). The payment schedule is as follows:
- Payment Date: June 25, 2014
- Record Dates: June 3, June 10, June 17, and June 24, 2014
The filing incorporates a press release (Exhibit 99.1) for further details but contains no specific guidance, risk factors, or contingencies within the text provided.
Investor Verification Checklist
- Verify the total number of outstanding shares to calculate the aggregate distribution amount.
- Confirm the record dates (June 3, 10, 17, and 24, 2014) to ensure eligibility for the June 25, 2014 payment.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the distribution policy or portfolio performance.