CION Investment Corp
For the period ended Mar 31, 2024. Filed May 9, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
CION$6.30+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| March 31,2024 | December 31,2023 | |
|---|---|---|
| (unaudited) | ||
| Assets | ||
| Investments, at fair value: | ||
| Non-controlled, non-affiliated investments (amortized cost of $1,541,138 and $1,610,822, respectively) | $1,494,478 | $1,570,676 |
| Non-controlled, affiliated investments (amortized cost of $212,966 and $210,103, respectively) | 202,915 | 206,301 |
| Controlled investments (amortized cost of $154,505 and $154,705, respectively) | 173,444 | 177,293 |
| Total investments, at fair value (amortized cost of $1,908,609 and $1,975,630, respectively) | 1,870,837 | 1,954,270 |
| Cash | 48,482 | 8,415 |
| Interest receivable on investments | 36,366 | 36,724 |
| Receivable due on investments sold and repaid | 11,452 | 967 |
| Prepaid expenses and other assets | 1,137 | 1,348 |
| Total assets | $1,968,274 | $2,001,724 |
| Liabilities and Shareholders' Equity | ||
|---|---|---|
| Liabilities | ||
| Financing arrangements (net of unamortized debt issuance costs of $9,388 and $10,643, respectively) | $1,060,455 | $1,081,701 |
| Payable for investments purchased | 21,041 | 4,692 |
| Accounts payable and accrued expenses | 743 | 1,036 |
| Interest payable | 8,556 | 10,231 |
| Accrued management fees | 6,864 | 6,893 |
| Accrued subordinated incentive fee on income | 6,914 | 4,615 |
| Accrued administrative services expense | 642 | 2,156 |
| Shareholder distribution payable | — | 10,837 |
| Total liabilities | 1,105,215 | 1,122,161 |
| Commitments and contingencies (Note 4 and Note 11) | ||
| Shareholders' Equity | ||
| and 54,184,636 shares issued and 53,760,605 and 54,184,636 shares outstanding, respectively | 54 | 54 |
| Capital in excess of par value | 1,028,360 | 1,033,030 |
| Accumulated distributable losses | (165,355) | (153,521) |
| Total shareholders' equity | 863,059 | 879,563 |
| Total liabilities and shareholders' equity | $1,968,274 | $2,001,724 |
| Net asset value per share of common stock at end of period | $16.05 | $16.23 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.