Attached files
| file | filename |
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| EX-99.1 - CION Investment Corp | ex99-1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
____________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 28, 2017 (September 27, 2017)
CĪON Investment Corporation
(Exact Name of Registrant as Specified in Charter)|
Maryland
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000-54755
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45-3058280
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(State or Other Jurisdiction of Incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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| 3 Park Avenue, 36th Floor
New York, New York 10016
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| (Address of Principal Executive Offices) |
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(212) 418-4700
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(Registrant’s telephone number, including area code)
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Not applicable
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(Former name or former address, if changed since last report)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02. Results of Operations and Financial Condition.
The board of directors (the "Board") of CĪON Investment Corporation ("CĪON") has delegated to CĪON's executive officers the authority to determine the amount, record dates, payment dates and other terms of distributions to shareholders, which will be ratified by the Board on a quarterly basis.
On September 28, 2017, CĪON's co-chief executive officers declared regular weekly cash distributions of $0.014067 per share for October 2017 through December 2017. Each distribution will be paid monthly to shareholders of record as of the weekly record dates set forth below.
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Record Date
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Payment Date
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Distribution Amount Per Share
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October 3, 2017
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November 1, 2017
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$0.014067
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October 10, 2017
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November 1, 2017
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$0.014067
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October 17, 2017
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November 1, 2017
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$0.014067
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October 24, 2017
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November 1, 2017
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$0.014067
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October 31, 2017
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November 1, 2017
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$0.014067
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| November 7, 2017 | November 29, 2017 | $0.014067 |
| November 14, 2017 | November 29, 2017 | $0.014067 |
| November 21, 2017 | November 29, 2017 | $0.014067 |
| November 28, 2017 | November 29, 2017 | $0.014067 |
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December 5, 2017
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December 27, 2017
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$0.014067
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December 12, 2017
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December 27, 2017
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$0.014067
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December 19, 2017
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December 27, 2017
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$0.014067
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December 26, 2017
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December 27, 2017
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$0.014067
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A copy of the press release announcing the foregoing is attached hereto as Exhibit 99.1 and incorporated by reference herein.
Item 8.01. Other Events.
On September 27, 2017, CĪON determined that the estimated net asset value of CĪON's common stock as of September 27, 2017 was $9.17 per share.
Item 9.01. Financial Statements and Exhibits.
| SIGNATURES |
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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CĪON Investment Corporation
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Date:
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September 28, 2017 |
By: /s/ Michael A. Reisner
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| Co-Chief Executive Officer |