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CĪON Investment offers to repurchase common shares

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CĪON Investment offers to repurchase common shares

CĪON Investment Corp. is offering to buy back common shares for cash at a purchase price equal to the company's estimated net asset value per share as of Sept. 25.

The company is offering to purchase up to the lesser of 4,280,266.28 shares of its issued and outstanding common stock, or the number of shares it can repurchase with the proceeds it received from the issuance of common shares under its distribution reinvestment plan.

The offer is set to expire at 5 p.m. ET on Sept. 20, unless extended.