CION Investment Corp 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by CION Investment Corporation on June 21, 2017, reporting an event that occurred on June 20, 2017. The filing pertains to 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 data disclosed is the declaration of four weekly cash distributions totaling $0.056268 per share ($0.014067 per distribution).
Material Changes
No material changes to operations or financial condition compared to prior periods are detailed in this specific filing. The document focuses solely on the distribution declaration.
Guidance, Outlook, and Management Commentary
Management has declared four weekly cash distributions of $0.014067 per share each. The payment schedule is as follows:
- Payment Date: July 26, 2017
- Record Dates: July 4, July 11, July 18, and July 25, 2017
A press release regarding this announcement is attached as Exhibit 99.1. The filing does not contain forward-looking guidance, risk factors, or discussion of unusual items beyond the distribution declaration.
Investor Verification Checklist
- Verify the record dates (July 4, 11, 18, and 25, 2017) to ensure eligibility for the upcoming distributions.
- Confirm the payment date of July 26, 2017, for the four weekly distributions.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the distribution policy.
- Note that this filing does not contain updated revenue or earnings data; refer to the most recent 10-Q or 10-K for operational performance.