February 10, 2026 — B. Riley Securities, Inc. announced it served as bookrunner on CION Investment Corporation's ("CION") (NYSE: CION) underwritten public offering of $125 million aggregate principal amount of unsecured notes due 2031. CION has granted the underwriters a 30-day overallotment option to purchase up to an additional $18.75 million aggregate principal amount of notes.
CION is a publicly traded business development company that provides flexible financing solutions to U.S. middle-market companies. Net proceeds from the offering will be used to pay down its senior secured credit facilities. The notes are expected to be listed on the New York Stock Exchange.
B. Riley Securities continues to deliver comprehensive capital markets solutions to business development companies and specialty finance issuers across debt and equity products.
The B. Riley Securities team was led by Mike Cavanagh and Brian Taylor and included Alex Shaffer and Hayden Kickbush.
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