CION Investment : FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ROMAN STEPHEN

Date: 05/22/2024 09:52 AM

Toppan Merrill

Client: 24-15282-1_CION Investment Corporation_[ROMAN STEPHEN]_4

Project: 24-15282-1 Form Type: 4

File: tm2415282-1_4seq1.xmlType: 4 Pg: 1 of 1

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934

or Section 30(h) of the Investment Company Act of 1940

	OMB APPROVAL
OMB Number:	3235-0287

Estimated average

burden hours0.5 per response

1. Name and Address of Reporting Person*

ROMAN STEPHEN 0001667448

(Last)(First)(Middle)

C/O CION INVESTMENT CORP. 100 PARK AVENUE, 25TH FLOOR

(Street)
NEW YORK	NY	10017
(City)	(State)	(Zip)

2.	Issuer Name and Ticker or Trading Symbol	5. Relationship of Reporting Person(s) to Issuer
	CION Investment Corp [ CION ]	(Check all applicable)
			Director	10% Owner
		X	Officer (give title below)	Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
	CCO & Secretary
	05/22/2024
4.	If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line)
		X	Form filed by One Reporting Person
			Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3)	2. Transaction Date	2A. Deemed	3. Transaction Code	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4	5. Amount of Securities	6. Ownership Form: Direct	7. Nature of Indirect
	(Month/Day/Year)	Execution Date,	(Instr. 8)		and 5)			Beneficially Owned Following	(D) or Indirect (I) (Instr. 4)	Beneficial Ownership
		if any						Reported Transaction(s) (Instr. 3		(Instr. 4)
		(Month/Day/Year)	Code	V	Amount	(A) or (D)	Price	and 4)
Common stock, $0.001 par value	05/22/2024		P		400	A	$12.41	9,546.44(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code	5. Number of Derivative	6. Date Exercisable and	7. Title and Amount of Securities Underlying
(Instr. 8)		Securities Acquired (A) or	Expiration Date		Derivative Security (Instr. 3 and 4)
		Disposed of (D) (Instr. 3,	(Month/Day/Year)
		4
		and 5)
				Date		Expiration		Amount or Number
Code	V	(A)	(D)	Exercisable		Date	Title	of Shares

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Includes 1,596.44 shares acquired under the Issuer's distribution reinvestment plan.

Remarks:

/s/ Stephen Roman		05/22/2024
** Signature of Reporting Person	Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4(b)(v).
• Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.