CION Investment Corp. Reports Material Definitive Agreement

TL;DR

CION filed an 8-K for a new material definitive agreement on 5/14.

AI Summary

CION Investment Corp. entered into a material definitive agreement on May 14, 2024, related to a direct financial obligation. The company, incorporated in Maryland, filed its 8-K report on May 20, 2024, detailing this obligation. The principal executive offices are located at 100 Park Avenue, New York, NY.

Why It Matters

This filing indicates a significant new financial commitment or obligation for CION Investment Corp., which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new financial obligations or risks that may affect the company's financial health.

Key Players & Entities

• CION Investment Corp. (company) — Registrant
• May 14, 2024 (date) — Date of earliest event reported
• May 20, 2024 (date) — Date of Report
• 100 Park Avenue, 25th Floor New York, New York 10017 (location) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.001 — ch registered Common stock, par value $0.001 per share CION The New York Stock E

Filing Documents

• tm2414566d1_8k.htm (8-K) — 28KB
• tm2414566d1_ex10-1.htm (EX-10.1) — 25KB
• 0001104659-24-063432.txt ( ) — 228KB
• cion-20240514.xsd (EX-101.SCH) — 3KB
• cion-20240514_lab.xml (EX-101.LAB) — 33KB
• cion-20240514_pre.xml (EX-101.PRE) — 22KB
• tm2414566d1_8k_htm.xml (XML) — 4KB

01. Entry Into a Material Definitive

Item 1.01. Entry Into a Material Definitive Agreement. On May 14, 2024, 34 th Street Funding, LLC ("34 th Street"), a wholly-owned, special purpose financing subsidiary of CON Investment Corporation ("CION"), entered into a Third Amendment to Third Amended and Restated Loan and Security Agreement (the "Third Amendment") with JPMorgan Chase Bank, National Association ("JPM"), as lender and administrative agent, U.S. Bank Trust Company, National Association, as collateral agent and collateral administrator, U.S. Bank National Association, as securities intermediary, and CION Investment Management, LLC, CION's investment adviser, as portfolio manager. Under the Third Amendment, the reinvestment period was extended from May 15, 2024 to June 17, 2024 as a bridge to the parties entering into a broader amendment to the JPM credit facility. No other material terms of the JPM credit facility were revised in connection with the Third Amendment. The foregoing description of the Third Amendment as set forth in this Item 1.01 is a summary only and is qualified in all respects by the provisions of such agreement, a copy of which is attached hereto as Exhibit 10.1 and is incorporated by reference herein .

03. Creation

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. 10.1 Third Amendment to Third Amended and Restated Loan and Security Agreement, dated as of May 14, 2024, by and among 34th Street Funding, LLC, JPMorgan Chase Bank, National Association, U.S. Bank Trust Company, National Association, U.S. Bank National Association and CION Investment Management, LLC. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

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. CON Investment Corporation Date: May 20, 2024 By: /s/ Michael A. Reisner Co-Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR