Item 5.07. Submission of Matters to a Vote of Security Holders.

CĪON Investment Corporation ("CION") held its Special Meeting of Shareholders (the "Special Meeting") on December 30, 2021. As of November 2, 2021, the record date for the determination of shareholders entitled to notice of, and to vote at, the Special Meeting, 56,958,440 shares of common stock were eligible to be voted, and 21,554,691 of those shares were voted in person or by proxy at the Special 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 Special Meeting filed with the Securities and Exchange Commission on November 3, 2021:

· Proposal No. 1 - the approval of a proposal to approve the application of the


   reduced asset coverage requirements in Section 61(a)(2) of the Investment
   Company Act of 1940, as amended, to CION, which would permit CION to increase
   the maximum amount of leverage that it is permitted to incur by reducing the
   asset coverage requirement applicable to CION from 200% to 150% (the "Leverage
   Proposal").

The Leverage Proposal received the requisite number of votes to pass at the Special Meeting. The votes for, votes against, abstentions and broker non-votes are set forth below:

Votes For Votes Against Abstentions Broker Non-Votes 17,743,848 2,301,590 1,509,253 0

Item 7.01. Regulation FD Disclosure.

On January 3, 2022, CION issued a press release announcing the results of the Special Meeting held on December 30, 2021 and the approval of the Leverage Proposal by CION's shareholders. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

The information disclosed under this Item 7.01, including Exhibit 99.1 hereto, is being "furnished" and shall not be deemed "filed" by CION for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.




Item 8.01. Other Events.

Commencing on December 31, 2021, the first date after CION's shareholders approved the Leverage Proposal, CION will be required to maintain asset coverage for its senior securities of 150% (i.e., $2 of debt outstanding for each $1 of equity) rather than 200% (i.e., $1 of debt outstanding for each $1 of equity), which would permit CION to increase the maximum amount of leverage that it is permitted to incur.

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