CION Investment Corporation — Third Quarter 2026 Earnings Summary

CION Investment Corporation reported a net investment income of $0.25 per share and a net loss of $0.07 per share for the third quarter ended September 30, 2026. The company successfully reduced its total debt from $1.17 billion to $897 million, lowering its net debt-to-equity ratio to 1.30x through the repayment of the JPM Credit Facility and the sale of loans to a new joint venture. Net asset value per share decreased by 2.7% to $13.20, primarily driven by realized losses on investment restructurings and mark-to-market declines. Additionally, the company declared base distributions of $0.25 per share for the first quarter of 2027, payable in three installments starting in January 2027.