Cion Investment (CION) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
25 Jun, 2026Opening remarks and agenda
The meeting was called to order with confirmation of a quorum representing over one-third of outstanding shares as of the record date.
Mark Gatto was appointed as Chairman, and John F. Holowach was appointed as Inspector of Election.
Proxy agents and the process for proxy material distribution were confirmed.
Shareholder proposals
Proposal one: Election of two independent directors, Robert A. Breakstone and Catherine K. Choi, for three-year terms expiring in 2029.
Proposal two: Ratification of RSM US LLP as independent registered public accounting firm for the year ending December 31, 2026.
Overview of voting outcomes
Both proposals passed: directors were elected by plurality, and the accounting firm was ratified by majority vote.
Latest events from Cion Investment
- NAV and NII rose, non-accruals fell, and share repurchase authorization increased to $130M.CION
Q2 2026 - Net investment income and NAV fell, leverage rose, but distributions and share repurchases continued.CIONQ1 2026
- Shareholders urged to vote online or by mail, with electronic delivery reducing environmental impact.CIONProxy filing
- Shareholders will vote on director elections, auditor ratification, and review governance and compensation.CIONProxy filing
- Election of two directors and auditor ratification are up for vote at the 2026 annual meeting.CIONProxy filing
- NAV per share dropped 7.4% on equity markdowns, but first lien portfolio remains resilient.CIONQ4 2025
- Q3 2025 saw $38.6M net investment income, rising NAV, and monthly distributions in 2026.CIONQ3 2025
- Proposal to sell shares below net asset value was approved by majority vote.CIONAGM 2024
- Q2 net investment income was $0.43 per share, with NAV per share at $16.08 and strong liquidity.CIONQ2 2024