CION Investment Corp 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed on November 3, 2017, by CION Investment Corporation, a Maryland corporation. The report discloses events occurring on November 1, 2017, regarding the renewal of key corporate service agreements.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on corporate governance events rather than financial performance data.
Material Changes
On November 1, 2017, the Board of Directors, including a majority of disinterested directors, approved the renewal of two critical agreements for a twelve-month term commencing December 17, 2017:
- Investment Advisory Agreement with CION Investment Management, LLC.
- Administration Agreement with ICON Capital, LLC.
Guidance, Outlook, and Risks
The filing contains no management commentary on future guidance, outlook, risks, contingencies, or unusual items. The document strictly reports the approval of the aforementioned contract renewals.
Key Facts for Investor Verification
- Confirm the specific fee structures and terms within the renewed Investment Advisory and Administration agreements.
- Verify the effective start date of the renewed contracts (December 17, 2017).
- Note that the renewal was approved by a majority of the board members who are not interested persons.