Form 8-K - Current report
September 15 2023 - 5:10PM
Edgar (US Regulatory)
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2023-09-15
2023-09-15
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): September 15, 2023
CĪON
Investment Corporation
(Exact Name of Registrant as Specified
in Charter)
Maryland |
|
000-54755 |
|
45-3058280 |
(State
or Other Jurisdiction of Incorporation) |
|
(Commission
File Number) |
|
(I.R.S.
Employer Identification No.) |
|
100 Park Avenue, 25th Floor
New York, New York 10017 |
|
|
(Address of Principal Executive Offices) |
|
|
(212)
418-4700 |
|
|
(Registrant’s
telephone number, including area code) |
|
|
Not
applicable |
|
|
(Former
name or former address, if changed since last report) |
|
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered
pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
symbol(s) |
|
Name
of each exchange on which registered |
Common stock, par value $0.001 per share |
|
CION |
|
The New York Stock Exchange |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.07. Submission of Matters to a Vote of Security Holders.
CĪON Investment
Corporation (“CION”) reconvened its Annual Meeting of Shareholders (the “Annual Meeting”) on September
15, 2023. The Annual Meeting was initially
called to order on July 27, 2023, and was adjourned until September 15, 2023 to permit additional time to solicit shareholder
votes for the proposal described below.
As
of May 31, 2023, the record date for the determination of shareholders entitled to notice of, and to vote at, the Annual Meeting, 54,747,525
shares of common stock were eligible to be voted, and 29,765,339 of those shares were voted in person or by proxy at the reconvened
Annual Meeting. Shareholders were asked to consider and act upon the following proposal, which is described in detail in CION’s
definitive proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on June 2, 2023:
| · | Proposal No. 2 – to authorize
flexibility for CION, with the approval of CION’s board of directors, to offer and sell shares of common stock, up to 25% of
CION’s outstanding shares, at a price below net asset value during the 12 months following shareholder approval,
subject to certain limitations described in the proxy statement (the “Share Issuance Proposal”). |
The Share
Issuance Proposal was approved by CION’s shareholders at the reconvened Annual Meeting. The votes for, votes against,
abstentions and broker non-votes are set forth below:
Votes For |
20,133,352 |
Votes Against |
7,847,103 |
Abstentions |
1,784,884 |
Broker Non-Votes |
0 |
Item 9.01.
Financial Statements and Exhibits.
104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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.
|
|
CĪON Investment Corporation |
|
|
|
Date: |
September 15, 2023 |
By: /s/ Michael A. Reisner |
|
|
Co-Chief Executive Officer |
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