497 1 body.htm PROSPECTUS SUPPLEMENT NO. 14 body.htm


Filed pursuant to Rule 497
File No. 333-178646
 
 
CĪON INVESTMENT CORPORATION
 
Supplement No. 14 dated March 5, 2015
 
To
 
Prospectus dated April 30, 2014
 
    This supplement contains information that amends, supplements or modifies certain information contained in the accompanying prospectus of CĪON Investment Corporation dated April 30, 2014, 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 30 of the Prospectus before you decide to invest in our common stock.
 
STATUS OF OUR CONTINUOUS PUBLIC OFFERING
 
    Since commencing our continuous public offering on July 2, 2012 and through March 4, 2015, we received and accepted subscriptions in our offering for approximately 61,485,500 shares of our common stock at an average price per share of $10.25, for corresponding gross proceeds of approximately $630,125,900, including shares purchased by our affiliates, shares repurchased pursuant to our share repurchase program and proceeds from our second amended and restated distribution reinvestment plan.
  
This supplement amends the indicated section of the Prospectus as follows:

PROSPECTUS SUMMARY

The first paragraph in the section entitled “Prospectus Summary — Recent Developments — Total Return Swap” on page 17 of the Prospectus is hereby amended by adding as the ninth sentence thereof the following:
 
            On March 4, 2015, Flatiron and Citibank further amended the TRS to increase the maximum aggregate market value of the portfolio of loans subject to the TRS from $600 million to $750 million.
 
 
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