CION Investment Corp 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by CION Investment Corporation on October 16, 2015, reporting events that occurred on October 15, 2015. The filing primarily addresses the declaration of cash distributions by the Board of Directors.
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.
- Declared Distribution: Four weekly cash distributions of $0.014067 per share each.
- Total Declared per Share: $0.056268 (4 x $0.014067).
Material Changes
No material changes to operations or financial condition compared to prior periods are detailed in this specific filing text. The document serves solely to announce the dividend declaration.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It references a press release (Exhibit 99.1) for further details but does not include the text of that release.
Investor Verification Checklist
- Payment Dates: Verify the four payment dates: November 25, 2015.
- Record Dates: Confirm shareholder record dates: November 3, 10, 17, and 24, 2015.
- Press Release: Review Exhibit 99.1 for any additional context regarding the distribution or company performance not included in the 8-K text.
- Share Count: Determine the total number of outstanding shares to calculate the aggregate cash outflow for these distributions.