Business
CION Investment Corporation Reports First Quarter 2025 Financial Results
NEW YORK, May 08, 2025--CION Investment Corporation (NYSE: CION) ("CION" or the "Company") today reported financial results for the first quarter ended March 31, 2025 and filed its Form 10-Q with the U.S. Securities and Exchange Commission.
About this update from Cion Investment Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1109,"height":418,"url":"https://media.zenfs.com/en/business-wire.com/6f4dce77442b07c3e804f617cae22849"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_LJ6DKWQ08kJUj4EZv8D0Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTM2MjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/6f4dce77442b07c3e804f617cae22849","width":960,"height":362},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/cM_SFhsI3EpfP9Plx28ZsQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIyMTg7aD04MzY7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/6f4dce77442b07c3e804f617cae22849","width":1109,"height":418}},"lazy":false},{"type":"text","content":"Declares Second Quarter 2025 Base Distribution of $0.36 per Share","length":65,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, May 08, 2025--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) ("CION" or the "Company") today reported financial results for the first quarter ended March 31, 2025 and filed its Form 10-Q with the U.S. Securities and Exchange Commission.","length":277,"tagName":"p"},{"type":"text","content":"CION also announced that, on May 5, 2025, its co-chief executive officers declared a second quarter 2025 base distribution of $0.36 per share, payable on June 16, 2025 to shareholders of record as of June 2, 2025.","length":213,"tagName":"p"},{"type":"text","content":"FIRST QUARTER AND OTHER HIGHLIGHTS","length":34,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net investment income and earnings per share for the quarter ended March 31, 2025 were $0.36 per share and $(0.80) per share, respectively;","length":139,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":139,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"Net asset value per share was $14.28 as of March 31, 2025 compared to $15.43 as of December 31, 2024, a decrease of $1.15 per share, or 7.5%. The decrease was primarily due to mark-to-market price declines to the Company’s portfolio during the quarter ended March 31, 2025;","length":273,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":273,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"As of March 31, 2025, ...