CION Investment Corp
For the period ended Dec 31, 2023. Filed Mar 14, 2024.
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FY2023 · Filed Mar 14, 2024
CION$6.30+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Net Assets
| Years Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Changes in net assets from operations: | |||
| Net investment income | $105,022 | $88,205 | $74,307 |
| Net realized (loss) gain on investments | (31,927) | (32,747) | 843 |
| Net realized loss on foreign currency | — | (3) | (3) |
| Net change in unrealized appreciation (depreciation) on investments | 22,219 | (5,314) | 43,617 |
| Net increase in net assets resulting from operations | 95,314 | 50,141 | 118,764 |
| Changes in net assets from shareholders' distributions: | |||
| Distributions to shareholders | (87,867) | (81,575) | (71,530) |
| Net decrease in net assets resulting from shareholders' distributions | (87,867) | (81,575) | (71,530) |
| Changes in net assets from capital share transactions: | |||
| Reinvestment of shareholders' distributions | — | — | 15,489 |
| Repurchase of common stock | (11,518) | (15,444) | (10,467) |
| Net (decrease) increase in net assets resulting from capital share transactions | (11,518) | (15,444) | 5,022 |
| Total (decrease) increase in net assets | (4,071) | (46,878) | 52,256 |
| Net assets at beginning of year | 883,634 | 930,512 | 878,256 |
| Net assets at end of year | $879,563 | $883,634 | $930,512 |
| Net asset value per share of common stock at end of year(1) | $16.23 | $15.98 | $16.34 |
| Shares of common stock outstanding at end of year(1) | 54,184,636 | 55,299,484 | 56,958,440 |
(1)As discussed in Note 3, the Company completed a two-to-one reverse stock split, effective as of September 21, 2021. The shares outstanding used in the computation of net asset value per share for 2021 reflect the reverse stock split on a retroactive basis.
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