CION Investment Corporation announced that it will report financial results for the first quarter ended March 31, 2026 on Thursday, May 7, 2026, before U.S. markets open. Management will review the results on an earnings conference call at 11:00 a.m. Eastern Time that same day.
Investors can join by phone using domestic and international dial-in numbers or via a webcast, with a slide presentation available in the Investor Resources section of CION’s website. CION, a publicly listed business development company, reported approximately $1.9 billion in total assets as of December 31, 2025 and focuses primarily on senior secured loans to U.S. middle‑market companies.
CION Investment Corporation reported weaker fourth-quarter 2025 results and affirmed steady cash distributions. Total investment income fell to $53.8 million from $78.7 million in the prior quarter, while net investment income after taxes held at $18.3 million, or $0.35 per share.
Unrealized losses of $59.5 million, largely from equity marks, drove an earnings loss of $(0.80) per share and reduced net asset value per share to $13.76 from $14.86. The portfolio totaled $1.70 billion at fair value across 89 companies, with about 80.8% in senior secured first-lien loans and non-accruals at 1.78% of fair value.
Total debt outstanding was $1.14 billion, producing net debt-to-equity of 1.44x, while cash and short-term investments were $124 million with $100 million of additional financing capacity. The company paid a $0.36 per-share base distribution in Q4 2025 and has declared $0.10 per share monthly distributions for January through June 2026, totaling $0.30 for Q2 2026.
CĪON Investment Corporation reported that on February 24, 2026, Charlie Arestia resigned from his roles as Managing Director and Head of Investor Relations of both CĪON Investment Corporation and its adviser, CION Investment Management, LLC. The company states that he is leaving to pursue other career opportunities.
CION Investment Corporation entered into a Second Supplemental Indenture with U.S. Bank Trust Company to issue and sell $125.0 million of its 7.50% Notes due 2031. These unsecured notes pay interest quarterly starting March 30, 2026 and mature on March 31, 2031 unless earlier redeemed.
The notes rank equally with CION’s other unsecured unsubordinated debt, are subordinated to secured borrowings, and are structurally subordinated to subsidiary obligations. CION may redeem the notes, in whole or in part, at $25 per note plus accrued interest on or after March 31, 2028. The notes were issued in a registered public offering, and CION plans to use the net proceeds to pay down borrowings under its senior secured credit facilities.
CĪON Investment Corporation entered into an underwriting agreement on February 2, 2026 for a public debt offering. The company plans to issue and sell $125.0 million aggregate principal amount of its 7.50% Notes due 2031, with closing expected on February 9, 2026, subject to customary conditions.
The underwriters also have a 30-day option to purchase up to an additional $18.75 million in principal amount of these notes to cover overallotments. The transaction is being conducted under CĪON’s effective shelf registration statement on Form N-2, using a preliminary and final prospectus supplement each dated February 2, 2026.
CĪON Investment Corporation filed a current report stating that it will release its financial results for the fourth quarter and full year ended December 31, 2025 on March 12, 2026, before U.S. financial markets open. The company also plans to hold an earnings conference call at 11 a.m. Eastern Time that same day to discuss the results.
The details were provided in a press release dated January 21, 2026, which is included as an exhibit and is treated as furnished, not filed, under securities laws.
CĪON Investment Corporation reported that its co-chief executive officers have declared regular base cash distributions for the first quarter of 2026. The company will pay $0.10 per share for each of January, February, and March 2026, for a total of $0.30 per share for the quarter. The January distribution will be paid on January 30, 2026 to shareholders of record on January 16, 2026. The February distribution will be paid on February 27, 2026 to shareholders of record on February 13, 2026, and the March distribution will be paid on March 27, 2026 to shareholders of record on March 13, 2026. The board of directors has delegated authority to executive officers to set these distribution terms, subject to quarterly ratification by the board.
CĪON Investment Corporation entered into a note purchase agreement with institutional investors to issue $172.5 million of senior unsecured notes in a private placement. The deal includes $125 million of notes due 2029 bearing interest at 7.70% and $47.5 million of notes due 2027 bearing interest at 7.41%, with interest paid semiannually starting June 15, 2026 and maturities on December 15, 2029 and December 15, 2027.
CĪON plans to use the net proceeds primarily to repay its $125 million senior unsecured notes due February 2026, as well as to make portfolio investments and for working capital and general corporate purposes. The notes are general unsecured obligations rated investment grade by DBRS and are subject to financial covenants, including minimum shareholders’ equity of $493.1 million and minimum asset, interest coverage and unencumbered asset coverage ratios.
CĪON Investment Corporation declared a quarterly base distribution of $0.36 per share for Q4 2025, payable on December 15, 2025 to shareholders of record on December 1, 2025. The company will shift its base distribution cadence from quarterly to monthly beginning January 2026, with monthly amounts declared quarterly in advance.
CĪON also announced it released its financial results for the quarter ended September 30, 2025 and posted an accompanying presentation; both materials were furnished as exhibits.
CION Investment Corp. insider Michael A. Reisner, who serves as Co-Chairman & Co-CEO and a director, reported a purchase of 472 shares of the issuer's common stock on 08/12/2025 at a price of $10.57 per share, as shown on a Form 4. The Form 4 shows 46,474.38 shares listed under "Amount of Securities Beneficially Owned Following Reported Transaction(s)" and is signed by Reisner on 08/13/2025.
The filing also explains record ownership: Reisner is the record holder of 15,175 shares and CION Investment Group, LLC is the record holder of 62,598.77 shares (including 5,932.67 shares from the issuer's distribution reinvestment plan). The filing states Reisner and another individual control CIG and that Reisner disclaims beneficial ownership of CIG's shares except to the extent of his pecuniary interest.