CION Investment Corp 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed on June 12, 2024, regarding events occurring on June 11, 2024. CION Investment Corporation (CION) is a Maryland corporation trading on the New York Stock Exchange under the symbol "CION". The filing primarily addresses the declaration of a supplemental cash distribution to shareholders.
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:
- Supplemental Cash Distribution: $0.05 per share.
- Record Date: June 28, 2024.
- Payment Date: July 12, 2024.
- Period Covered: The distribution is for the period ending June 30, 2024.
Material Changes
The filing does not report material changes to operations, financial condition, or results of operations compared to prior periods. The primary event is the declaration of the mid-year supplemental distribution, which is a discretionary action by the executive officers ratified quarterly by the Board.
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 legal disclaimers. The information is furnished under Item 2.02 and Item 7.01 and is not deemed "filed" for liability purposes under Section 18 of the Exchange Act.
Investor Verification Checklist
- Verify the shareholder record date of June 28, 2024, to confirm eligibility for the $0.05 per share distribution.
- Confirm the payment date of July 12, 2024, for cash receipt expectations.
- Review the attached Press Release (Exhibit 99.1) for any additional context regarding the rationale for the supplemental distribution.
- Note that this filing does not contain audited financial data; refer to the most recent 10-Q or 10-K for comprehensive financial health metrics.