CION Investment Corp
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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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.
Sep 30, 2024 · Filed Nov 7, 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 Balance Sheets
| September 30,2024 | December 31,2023 | |
|---|---|---|
| (unaudited) | ||
| Assets | ||
| Investments, at fair value: | ||
| Non-controlled, non-affiliated investments (amortized cost of $1,421,998 and $1,610,822, respectively) | $1,381,177 | $1,570,676 |
| Non-controlled, affiliated investments (amortized cost of $276,204 and $210,103, respectively) | 273,152 | 206,301 |
| Controlled investments (amortized cost of $152,042 and $154,705, respectively) | 151,900 | 177,293 |
| Total investments, at fair value (amortized cost of $1,850,244 and $1,975,630, respectively) | 1,806,229 | 1,954,270 |
| Cash | 29,765 | 8,415 |
| Interest and fees receivable on investments | 49,446 | 36,724 |
| Dividends receivable | 76 | — |
| Receivable due on investments sold and repaid | 28,604 | 967 |
| Prepaid expenses and other assets | 1,501 | 1,348 |
| Total assets | $1,915,621 | $2,001,724 |
| Liabilities and Shareholders' Equity | ||
|---|---|---|
| Liabilities | ||
| Financing arrangements (net of unamortized debt issuance costs of $14,925 and $10,643, respectively) | $1,054,919 | $1,081,701 |
| Payable for investments purchased | — | 4,692 |
| Accounts payable and accrued expenses | 1,316 | 1,036 |
| Interest payable | 7,201 | 10,231 |
| Accrued management fees | 6,854 | 6,893 |
| Accrued subordinated incentive fee on income | 4,586 | 4,615 |
| Accrued administrative services expense | 1,515 | 2,156 |
| Shareholder distribution payable | — | 10,837 |
| Share repurchases payable | 40 | — |
| Total liabilities | 1,076,431 | 1,122,161 |
| Commitments and contingencies (Note 4 and Note 11) | ||
| Shareholders' Equity | ||
| and 54,184,636 shares issued and 53,359,886 and 54,184,636 shares outstanding, respectively | 53 | 54 |
| Capital in excess of par value | 1,023,687 | 1,033,030 |
| Accumulated distributable losses | (184,550) | (153,521) |
| Total shareholders' equity | 839,190 | 879,563 |
| Total liabilities and shareholders' equity | $1,915,621 | $2,001,724 |
| Net asset value per share of common stock at end of period | $15.73 | $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.