CION Investment Corporation is a business development company specializing in investments in senior secured loans, including unitranche loans, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies. The fund also invests up to 30 percent of their assets opportunistically in other types of investments, including the securities of larger public companies and foreign securities. It also makes investments in the secondary loan market. The fund does not invest in start-up companies, turnaround situations, or companies with speculative business plans. The fund prefer to invest in high tech industries, healthcare, pharmaceuticals, business services, media, chemicals, plastic, rubber, telecommunication, consumer services, advertising, printing and publishing, consumer goods, durables, diversified financials, and other industries. It also invest in homebuilding, restaurants, beverage and tobacco bars, broadcasting, distributors, Non-durable good distribution, food beverage and tobacco, energy, oil gas and consumables fuels, insurance, aerospace and defense, industrial machinery, paper and forest product machinery, information technology, metals and mining, and real estate. It primarily seeks to invest in the United States. The fund seeks to invest between $5 million and $50 million in companies with an EBITDA of $50 million or less. It also purchases minority interests in the form of common or preferred equity in the target companies, typically in conjunction with its debt investments or through a co-investment with a financial sponsor. The fund seeks to exit its investments through an initial public offering of common stock, a merger, a sale, or other recapitalization.
IPO Year: 2021
Exchange: NYSE
Website: cioninvestments.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/17/2025 | $11.00 → $10.00 | Equal Weight → Underweight | Wells Fargo |
| 6/20/2023 | $11.50 | Market Perform | Hovde Group |
| 4/18/2023 | $10.50 → $9.25 | Overweight → Equal Weight | Wells Fargo |
| 7/25/2022 | $11.50 → $9.50 | Equal Weight → Overweight | Wells Fargo |
| 11/1/2021 | $12.50 | Equal-Weight | Wells Fargo |
Wells Fargo downgraded CION Investment from Equal Weight to Underweight and set a new price target of $10.00 from $11.00 previously
Hovde Group initiated coverage of CION Investment with a rating of Market Perform and set a new price target of $11.50
Wells Fargo downgraded CION Investment from Overweight to Equal Weight and set a new price target of $9.25 from $10.50 previously
Wells Fargo upgraded CION Investment from Equal Weight to Overweight and set a new price target of $9.50 from $11.50 previously
Wells Fargo initiated coverage of CION Invt with a rating of Equal-Weight and set a new price target of $12.50
8-K - CION Investment Corp (0001534254) (Filer)
8-K - CION Investment Corp (0001534254) (Filer)
CERT - CION Investment Corp (0001534254) (Filer)
8-A12B - CION Investment Corp (0001534254) (Filer)
8-K - CION Investment Corp (0001534254) (Filer)
8-K - CION Investment Corp (0001534254) (Filer)
FWP - CION Investment Corp (0001534254) (Subject)
497AD - CION Investment Corp (0001534254) (Filer)
8-K - CION Investment Corp (0001534254) (Filer)
8-K - CION Investment Corp (0001534254) (Filer)
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4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
CION Investment Corporation (NYSE:CION) ("CION"), a leading publicly listed business development company focused on the U.S. middle market, is pleased to announce the appointment of Charlie Arestia as Managing Director and Head of Investor Relations. In this key role, Mr. Arestia will play a pivotal part in fostering and expanding relationships with CION's valued investors. Mr. Arestia will be based in New York and will work closely with CION's senior management and help coordinate all aspects of CION's investor relations activities. Mr. Arestia brings a wealth of experience in investor relations as well as a deep understanding of specialty finance and business development companies, havi
Invacare Corporation (NYSE:IVC) today announced the appointment of Aron I. Schwartz, age 51, to its Board of Directors, effective March 21, 2022. Mr. Schwartz currently serves as Managing Partner of ACON Investments, a private equity firm based in Washington, D.C. Mr. Schwartz has a wide range of financial experience in managing and overseeing companies across multiple industries, including companies undergoing strategic transformation. Mr. Schwartz was unanimously appointed by the current members of the Board and will serve on the company's Audit Committee and its Nominating and Governance Committee. His appointment brings the number of Invacare directors to a total of nine, eight of whom
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
Declares Second Quarter 2025 Base Distribution of $0.36 per Share CION Investment Corporation (NYSE:CION) ("CION" or the "Company") today reported financial results for the first quarter ended March 31, 2025 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. CION also announced that, on May 5, 2025, its co-chief executive officers declared a second quarter 2025 base distribution of $0.36 per share, payable on June 16, 2025 to shareholders of record as of June 2, 2025. FIRST QUARTER AND OTHER HIGHLIGHTS Net investment income and earnings per share for the quarter ended March 31, 2025 were $0.36 per share and $(0.80) per share, respectively; Net asset value per
Call Scheduled for 11:00 a.m. ET on Thursday, May 8, 2025 CION Investment Corporation (NYSE:CION) ("CION") announced today that it will report its financial results for the first quarter ended March 31, 2025 on Thursday, May 8, 2025, prior to the opening of the financial markets. CION will discuss those results in an earnings conference call at 11:00 a.m. ET that same day. Participant Dial-in Numbers: Domestic (Toll-Free): 877-484-6065 International (Toll): +1 201-689-8846 All participants are asked to dial in approximately 10 minutes before start time. An accompanying slide presentation will be available in PDF format in the Investor Resources section of CION's website at www.cionbdc.c
Continued Strong Performance in 2024 With $1.79 in Net Investment Income and $1.52 in Total Shareholder Distributions CION Investment Corporation (NYSE:CION) ("CION" or the "Company") today reported financial results for the fourth quarter and year ended December 31, 2024 and filed its Form 10-K with the U.S. Securities and Exchange Commission. CION also announced that, on March 10, 2025, its co-chief executive officers declared a first quarter 2025 base distribution of $0.36 per share payable on April 11, 2025 to shareholders of record as of March 28, 2025. FOURTH QUARTER AND OTHER HIGHLIGHTS Net investment income and earnings per share for the quarter ended December 31, 2024 were $0.
Provides Improved Economic Terms and More Constructive Operating Provisions CION Investment Corporation (NYSE:CION) ("CION") announced today that it has terminated its existing senior secured repurchase facility with UBS AG, London Branch ("UBS") and simultaneously entered into a new senior secured credit facility with UBS. Under the new $125 million senior secured credit facility, the credit spread on the floating interest rate payable by CION on all advances was reduced by 45 basis points, from the three-month Secured Overnight Financing Rate ("SOFR") plus a credit spread of 3.20% per year to SOFR plus a credit spread of 2.75% per year. All outstanding advances must be repaid by the fin
Call Scheduled for 11:00 a.m. ET on Thursday, March 13, 2025 CION Investment Corporation (NYSE:CION) ("CION") announced today that it will report its financial results for the fourth quarter and full year ended December 31, 2024 on Thursday, March 13, 2025, prior to the opening of the financial markets. CION will discuss those results in an earnings conference call at 11:00 a.m. ET that same day. Participant Dial-in Numbers: Domestic (Toll-Free): 877-484-6065 International (Toll): +1 201-689-8846 All participants are asked to dial in approximately 10 minutes before start time. An accompanying slide presentation will be available in PDF format in the Investor Resources section of CIO
CION Investments (CION), a leading alternative investment solutions platform, and GCM Grosvenor, (NASDAQ:GCMG), a global alternative asset management solutions provider, are pleased to announce the launch of CION Grosvenor Infrastructure Fund, ("CGIF" or "the Fund"). At launch, the fund will consist of a $240 million portfolio invested across 43 infrastructure assets, and $82 million in additional committed capital. The Fund launch was supported by a major institutional investor. CGIF is an evergreen interval fund that allows individual investors, through their financial advisors, access to GCM Grosvenor's institutional private infrastructure platform. The Fund is priced daily and offers
Distributions Declared in 2024 Total $1.52 Per Share CION Investment Corporation (NYSE:CION) ("CION") today announced that it has declared a special distribution for the year ending December 31, 2024 in the amount of $0.05 per share, payable on January 27, 2025 to shareholders of record as of December 30, 2024, which results in total distributions declared in 2024 of $1.52 per share. The special distribution represents a portion of the Company's investment company taxable income generated through the course of the year. Michael A. Reisner, co-CEO of CION stated, "We are pleased to announce a year-end special dividend for 2024, driven by the consistent income generation of our portfolio.
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
CION Investments (CION), a leading alternative investment solutions platform, and GCM Grosvenor, (NASDAQ:GCMG), a global alternative asset management firm, are pleased to announce the CION Grosvenor Infrastructure Fund ("CGIF" or "the Fund") has been declared effective by the SEC. CGIF has an innovative interval fund structure that allows individual investors, through their financial advisors, access to GCM Grosvenor's institutional private infrastructure platform. The Fund expects to launch with approximately $300 million of seed capital sourced from a major institutional investor. Before commencing distribution, the Fund anticipates merging with a seasoned portfolio of $220 million in c
Solid Performance and Increased Financial Flexibility CION Investment Corporation (NYSE:CION) ("CION" or the "Company") today reported financial results for the third quarter ended September 30, 2024 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. CION also announced that, on November 4, 2024, its co-chief executive officers declared a fourth quarter 2024 base distribution of $0.36 per share, payable on December 16, 2024 to shareholders of record as of December 2, 2024. THIRD QUARTER AND OTHER HIGHLIGHTS Net investment income and earnings per share for the quarter ended September 30, 2024 were $0.40 per share and $(0.01) per share, respectively; Net asset va
Declares Second Quarter 2025 Base Distribution of $0.36 per Share CION Investment Corporation (NYSE:CION) ("CION" or the "Company") today reported financial results for the first quarter ended March 31, 2025 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. CION also announced that, on May 5, 2025, its co-chief executive officers declared a second quarter 2025 base distribution of $0.36 per share, payable on June 16, 2025 to shareholders of record as of June 2, 2025. FIRST QUARTER AND OTHER HIGHLIGHTS Net investment income and earnings per share for the quarter ended March 31, 2025 were $0.36 per share and $(0.80) per share, respectively; Net asset value per
Call Scheduled for 11:00 a.m. ET on Thursday, May 8, 2025 CION Investment Corporation (NYSE:CION) ("CION") announced today that it will report its financial results for the first quarter ended March 31, 2025 on Thursday, May 8, 2025, prior to the opening of the financial markets. CION will discuss those results in an earnings conference call at 11:00 a.m. ET that same day. Participant Dial-in Numbers: Domestic (Toll-Free): 877-484-6065 International (Toll): +1 201-689-8846 All participants are asked to dial in approximately 10 minutes before start time. An accompanying slide presentation will be available in PDF format in the Investor Resources section of CION's website at www.cionbdc.c
Continued Strong Performance in 2024 With $1.79 in Net Investment Income and $1.52 in Total Shareholder Distributions CION Investment Corporation (NYSE:CION) ("CION" or the "Company") today reported financial results for the fourth quarter and year ended December 31, 2024 and filed its Form 10-K with the U.S. Securities and Exchange Commission. CION also announced that, on March 10, 2025, its co-chief executive officers declared a first quarter 2025 base distribution of $0.36 per share payable on April 11, 2025 to shareholders of record as of March 28, 2025. FOURTH QUARTER AND OTHER HIGHLIGHTS Net investment income and earnings per share for the quarter ended December 31, 2024 were $0.
Call Scheduled for 11:00 a.m. ET on Thursday, March 13, 2025 CION Investment Corporation (NYSE:CION) ("CION") announced today that it will report its financial results for the fourth quarter and full year ended December 31, 2024 on Thursday, March 13, 2025, prior to the opening of the financial markets. CION will discuss those results in an earnings conference call at 11:00 a.m. ET that same day. Participant Dial-in Numbers: Domestic (Toll-Free): 877-484-6065 International (Toll): +1 201-689-8846 All participants are asked to dial in approximately 10 minutes before start time. An accompanying slide presentation will be available in PDF format in the Investor Resources section of CIO
Distributions Declared in 2024 Total $1.52 Per Share CION Investment Corporation (NYSE:CION) ("CION") today announced that it has declared a special distribution for the year ending December 31, 2024 in the amount of $0.05 per share, payable on January 27, 2025 to shareholders of record as of December 30, 2024, which results in total distributions declared in 2024 of $1.52 per share. The special distribution represents a portion of the Company's investment company taxable income generated through the course of the year. Michael A. Reisner, co-CEO of CION stated, "We are pleased to announce a year-end special dividend for 2024, driven by the consistent income generation of our portfolio.
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
Solid Performance and Increased Financial Flexibility CION Investment Corporation (NYSE:CION) ("CION" or the "Company") today reported financial results for the third quarter ended September 30, 2024 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. CION also announced that, on November 4, 2024, its co-chief executive officers declared a fourth quarter 2024 base distribution of $0.36 per share, payable on December 16, 2024 to shareholders of record as of December 2, 2024. THIRD QUARTER AND OTHER HIGHLIGHTS Net investment income and earnings per share for the quarter ended September 30, 2024 were $0.40 per share and $(0.01) per share, respectively; Net asset va
Call Scheduled for 11:00 a.m. ET on Thursday, November 7, 2024 CION Investment Corporation (NYSE:CION) ("CION") announced today that it will report its financial results for the third quarter ended September 30, 2024 on Thursday, November 7, 2024, prior to the opening of the financial markets. CION will discuss those results in an earnings conference call at 11:00 a.m. ET that same day. Participant Dial-in Numbers: Domestic (Toll-Free): 877-484-6065 International (Toll): +1 201-689-8846 All participants are asked to dial in approximately 10 minutes before start time. An accompanying slide presentation will be available in PDF format in the Investor Resources section of CION's website at
Disciplined Capital Deployment Contributes to Net Portfolio Growth CION Investment Corporation (NYSE:CION) ("CION" or the "Company") today reported financial results for the second quarter ended June 30, 2024 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. CION also announced that, on August 5, 2024, its co-chief executive officers declared a third quarter 2024 base distribution of $0.36 per share, payable on September 17, 2024 to shareholders of record as of September 3, 2024. SECOND QUARTER AND OTHER HIGHLIGHTS Net investment income and earnings per share for the quarter ended June 30, 2024 were $0.43 per share and $0.42 per share, respectively; Net a
Call Scheduled for 11:00 a.m. ET on Thursday, August 8, 2024 CION Investment Corporation (NYSE:CION) ("CION") announced today that it will report its financial results for the second quarter ended June 30, 2024 on Thursday, August 8, 2024, prior to the opening of the financial markets. CION will discuss those results in an earnings conference call at 11:00 a.m. ET that same day. Participant Dial-in Numbers: Domestic (Toll-Free): 877-484-6065 International (Toll): +1 201-689-8846 All participants are asked to dial in approximately 10 minutes before start time. An accompanying slide presentation will be available in PDF format in the Investor Resources – Events and Presentations secti