CION Investment Corp. Files 8-K for Material Agreement

TL;DR

CION filed an 8-K for a new material agreement on 6/17.

AI Summary

CION Investment Corp. entered into a material definitive agreement on June 17, 2024. This filing is a current report (Form 8-K) detailing this agreement and related financial obligations. The company is incorporated in Maryland and headquartered in New York.

Why It Matters

This filing indicates a significant new agreement for CION Investment Corp., which could impact its financial obligations and future operations.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new financial obligations or strategic shifts, carrying inherent risks that require further analysis.

Key Players & Entities

• CION Investment Corp. (company) — Registrant
• June 17, 2024 (date) — Date of earliest event reported
• June 18, 2024 (date) — Date of Report
• 100 Park Avenue, 25th Floor New York, New York 10017 (address) — 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

• tm2417427d1_8k.htm (8-K) — 28KB
• tm2417427d1_ex10-1.htm (EX-10.1) — 25KB
• 0001104659-24-072879.txt ( ) — 228KB
• cion-20240617.xsd (EX-101.SCH) — 3KB
• cion-20240617_lab.xml (EX-101.LAB) — 33KB
• cion-20240617_pre.xml (EX-101.PRE) — 22KB
• tm2417427d1_8k_htm.xml (XML) — 4KB

01. Entry Into a Material Definitive

Item 1.01. Entry Into a Material Definitive Agreement. On June 17, 2024, 34 th Street Funding, LLC ("34 th Street"), a wholly-owned, special purpose financing subsidiary of CON Investment Corporation ("CION"), entered into a Fourth Amendment to Third Amended and Restated Loan and Security Agreement (the "Fourth 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 Fourth Amendment, the reinvestment period was extended from June 17, 2024 to July 15, 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 Fourth Amendment. The foregoing description of the Fourth 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 Fourth Amendment to Third Amended and Restated Loan and Security Agreement, dated as of June 17, 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: June 18, 2024 By: /s/ Michael A. Reisner Co-Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR