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 26, 2019(September 25, 2019)
CĪON Investment Corporation
(Exact Name of Registrant as Specified in Charter)
| Maryland | | 000-54755 | | 45-3058280 |
| (State or Other Jurisdiction of Incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
| | 3 Park Avenue, 36th Floor New York, New York 10016 | |
| | (Address of Principal Executive Offices) | |
| | (212) 418-4700 | |
| | (Registrant’s telephone number, including area code) | |
| | Not applicable | |
| | (Former name or former address, if changed since last report) | |
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))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | | Trading symbol(s) | | Name of each exchange on which registered |
| None | | Not applicable | | Not applicable |
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 (“CIC”) has delegated to CIC’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 26, 2019, CIC’s co-chief executive officers declared regular weekly cash distributions of $0.014067 per share for October 2019 through December 2019. Each distribution will be paid monthly to shareholders of record as of the weekly record dates set forth below.
| Record Date | Payment Date | Distribution Amount Per Share |
| October 1, 2019 | October 30, 2019 | $0.014067 |
| October 8, 2019 | October 30, 2019 | $0.014067 |
| October 15, 2019 | October 30, 2019 | $0.014067 |
| October 22, 2019 | October 30, 2019 | $0.014067 |
| October 29, 2019 | October 30, 2019 | $0.014067 |
| November 5, 2019 | November 27, 2019 | $0.014067 |
| November 12, 2019 | November 27, 2019 | $0.014067 |
| November 19, 2019 | November 27, 2019 | $0.014067 |
| November 26, 2019 | November 27, 2019 | $0.014067 |
| December 3, 2019 | January 2, 2020 | $0.014067 |
| December 10, 2019 | January 2, 2020 | $0.014067 |
| December 17, 2019 | January 2, 2020 | $0.014067 |
| December 24, 2019 | January 2, 2020 | $0.014067 |
| December 31, 2019 | January 2, 2020 | $0.014067 |
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 25, 2019, CIC determined that the estimated net asset value of CIC's common stock as of September 25, 2019 was $8.27 per share.
Item 9.01. Financial Statements and Exhibits.
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.
| | | CĪON Investment Corporation |
| Date: | September 26, 2019 | By:/s/ Michael A. Reisner |
| | | Co-Chief Executive Officer |
EXHIBIT LIST
| EXHIBIT NUMBER | | DESCRIPTION |
