497 1 body.htm PROSPECTUS SUPPLEMENT NO. 15 body.htm
 

Filed pursuant to Rule 497
File No. 333-203683
 
 
CĪON INVESTMENT CORPORATION
 
Supplement No. 15 dated January 5, 2018
 
To
 
Prospectus dated April 28, 2017
 
This supplement contains information that amends, supplements or modifies certain information contained in the accompanying prospectus of CĪON Investment Corporation dated April 28, 2017, as previously supplemented and amended (as so supplemented and amended, the “Prospectus”). This supplement is part of, and should be read in conjunction with, the Prospectus. The Prospectus has been filed with the U.S. Securities and Exchange Commission, and is available free of charge at www.sec.gov or by calling (877) 822-4276. Capitalized terms used in this supplement have the same meanings as in the Prospectus, unless otherwise stated herein.
 
Before investing in shares of our common stock, you should read carefully the Prospectus and this supplement and consider carefully our investment objective, risks, charges and expenses. You should also carefully consider the “Risk Factors” beginning on page 34 of the Prospectus before you decide to invest in our common stock.
 
STATUS OF OUR CONTINUOUS PUBLIC OFFERINGS
 
Our initial continuous public offering ended on December 31, 2015 and our follow-on continuous public offering commenced on January 25, 2016.  Since commencing our initial continuous public offering on July 2, 2012 and through January 4, 2018, we received and accepted subscriptions in our offerings for approximately 100,241,300 shares of our common stock at an average price per share of $10.31, for corresponding gross proceeds of approximately $1,033,280,200, including shares purchased by our affiliates and shares repurchased pursuant to our share repurchase program but excluding shares issued pursuant to and proceeds from our distribution reinvestment plan, as amended and restated.
 
EXPENSE SUPPORT AND CONDITIONAL REIMBURSEMENT AGREEMENT

On January 2, 2018, we entered into an expense support and conditional reimbursement agreement, or the Expense Support Agreement, with CIM for purposes of (i) replacing CIG and AIM with CIM as the expense support provider pursuant to the terms of the Expense Support Agreement; and (ii) extending the termination date to December 31, 2018. The Expense Support Agreement was entered into as part of the new and ongoing relationship among us, CIM and AIM.  No other material terms of the third amended and restated expense support and conditional reimbursement agreement, dated as of December 14, 2016, have been amended in connection with the Expense Support Agreement.
 
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