CION Investment Corporation Common Stock (CION)

CION Investments (CION), a leading alternative investment solutions platform, and GCM Grosvenor, (NASDAQGCMG), 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.

CION Investment Corporation (NYSECION) (“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.

CION Investments (CION), a leading alternative investment solutions platform, and GCM Grosvenor, (NASDAQGCMG), 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.

CION Investment Corporation (NYSECION) (“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 Ares Management LLC (“CAM”), a joint venture between affiliates of CION Investments (“CION”), a leading manager and distributor of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that CION Ares Diversified Credit Fund (“CADC” or the “Fund”) recently surpassed $6 billion in total assets under management.

CION Investment Corporation (NYSECION) (“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.

CION Investment Corporation (NYSECION) (the “Company” or “CION”) announced today that it has priced an underwritten public offering of $150.0 million aggregate principal amount of unsecured notes due 2029 (the “Notes”), which will result in net proceeds to the Company of approximately $145.4 million after the payment of underwriting discounts and commissions and estimated offering expenses payable by the Company. The Notes will mature on December 30, 2029 and may be redeemed in whole or in part at any time or from time to time at the Company’s option on or after December 30, 2026. The Notes will be issued in denominations of $25 and integral multiples of $25 in excess thereof and will bear interest at a rate of 7.50% per year, payable quarterly, with the first interest payment occurring on December 30, 2024. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional $22.5 million aggregate principal amount of Notes to cover overallotments, if any.

CION Investment Corporation (NYSECION) (“CION”) announced today that it closed an offering of $100 million in aggregate principal amount of its floating rate Senior Unsecured Notes, Tranche B, due 2027 (the “Notes”). The Notes represent an add-on, second tranche of the 2027 Notes that were issued by CION in November 2023.

CION Investments (CION), a leading alternative investment solutions platform, and GCM Grosvenor, (NASDAQGCMG), a global alternative asset management firm, are pleased to announce a strategic partnership to enhance individual investors’ access to private market assets through their financial advisors.

CION Investment Corporation (NYSECION) (“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 Investment Corporation (NYSECION) (“CION”) announced today that it has amended and extended its $675 million senior secured credit facility with JPMorgan Chase Bank, National Association.

CION Investment Corporation (NYSECION) (“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.

CION Investment Corporation (NYSECION) (“CION”) today announced that it has declared a mid-year supplemental distribution for the period ending June 30, 2024 in the amount of $0.05 per share, payable on July 12, 2024 to shareholders of record as of June 28, 2024.

CION Investment Corporation (NYSECION) (“CION” or the “Company”) today reported financial results for the first quarter ended March 31, 2024 and filed its Form 10-Q with the U.S. Securities and Exchange Commission.

CION Ares Management LLC (“CAM”), a joint venture between affiliates of CION Investments (“CION”), a leading manager and distributor of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund (“CADC” or the “Fund”) recently surpassed $5 billion in total assets under management.

CION Investment Corporation (NYSECION) (“CION”) announced today that it will report its financial results for the first quarter ended March 31, 2024 on Thursday, May 9, 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.

CION Investment Corporation (NYSECION) (“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.

CION Investment Corporation (NYSECION) (“CION” or the “Company”) today reported financial results for the fourth quarter and year ended December 31, 2023 and filed its Form 10-K with the U.S. Securities and Exchange Commission.

CION Investment Corporation (NYSECION) (“CION”) announced today that it will report its financial results for the fourth quarter and full year ended December 31, 2023 on Thursday, March 14, 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.

CION Investment Corporation (NYSECION) (“CION”) today announced that it has declared a special cash distribution for the year ending December 31, 2023 in the amount of $0.15 per share, payable on January 31, 2024 to shareholders of record as of December 22, 2023, which results in an increase in total distributions declared in 2023 of $0.16 per share, or 11.0%, from total distributions declared for the year ended December 31, 2022 of $1.45 per share. This special year-end distribution also results in a declared distribution yield1 of 15.5% for the year-to-date period through December 13, 2023, which is an increase of 14.0% year-over-year from the declared distribution yield1 of 13.6% for the year ended December 31, 2022. The special distribution represents a portion of the Company’s investment company taxable income generated through the course of the year.

CION Investment Corporation (NYSECION) (“CION”) announced today that it closed an offering of $100 million in aggregate principal amount of its Senior Unsecured Notes due 2027 (the “Notes”).

CION Investment Corporation (NYSECION) (“CION” or the “Company”) today reported financial results for the third quarter ended September 30, 2023 and filed its Form 10-Q with the U.S. Securities and Exchange Commission.

CION Investment Corporation (NYSECION) (“CION”) announced today that it closed an additional offering in Israel of approximately $33.7 million in aggregate principal amount of its Series A Unsecured Notes due 2026 (the “Additional Notes”). The Additional Notes were issued by way of expanding, and have the same terms and conditions as, the existing Series A Unsecured Notes due 2026 that were issued by CION in February 2023.

CION Investment Corporation (NYSECION) (“CION”) announced today that it will report its financial results for the third quarter ended September 30, 2023, on Thursday, November 9, 2023, 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.

CION Investment Corporation (NYSECION) (“CION”) today announced a one-year extension to its existing $60 million share repurchase program through August 29, 2024, under which CION will continue to support the trading of its common shares and seek to drive long-term shareholder value.