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CICB

24.91000 USD
0.08
0.32%
Last update Jul 15, 3:22 PM EDT
Pre-market
Day range
24.85000
24.91000
Previous close
24.99000
Open
24.86100
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CION Investment Corp.
24.91
0.08
0.32%

Overview

Description

CION Investment Corp. is a business development company (BDC) that focuses on providing capital to middle-market companies. The primary purpose of CION Investment Corp. is to generate current income and, to a lesser extent, capital appreciation for its investors. This is achieved through the investment in debt, typically senior secured loans, and equity securities of primarily U.S.-based middle-market businesses. These companies often require financing solutions for growth, acquisitions, restructurings, or other corporate events. CION Investment Corp. plays a significant role in the financial market by facilitating access to capital that is crucial for companies that may not meet the typical underwriting criteria of large banks. This makes CION an important player in enhancing liquidity and economic dynamism within the middle market sector. The company operates as a vital link in the financial ecosystem, providing tailored financial solutions, and thereby contributing to the broader economic growth. In this capacity, CION Investment Corp. helps bridge the gap between large financial institutions and smaller, underserved businesses in need of financial resources.

About

CEO
Mr. Michael A. Reisner Esq., J.D.
Employees
0
Address
100 Park Avenue
25th Floor
New York, 10017, NY
United States
Phone
212-418-4700
Website
Instrument type
Exchange-Traded note
Sector
Industry
Country
United States
MIC code
XNYS
Pre-market

Exchange is currently open for pre-market.
Main market opens in 4 hours 46 minutes

04:43
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).