Cryptocurrency Q&A Is cion going public?

Is cion going public?

SolitudePulse SolitudePulse Sat Oct 26 2024 | 7 answers 1304
I heard some news about cion recently and I'm wondering if they are planning to go public. I'm trying to find out more information about their potential IPO and what it could mean for investors. Is cion going public?

7 answers

Carolina Carolina Sun Oct 27 2024
The net proceeds from this offering will be utilized for a specific purpose.

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CherryBlossomGrace CherryBlossomGrace Sun Oct 27 2024
CION Investment plans to use the money to pay down borrowings.

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Giulia Giulia Sun Oct 27 2024
CION Investment has recently priced a public offering of unsecured notes.

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LucyStone LucyStone Sun Oct 27 2024
These borrowings are under its senior secured credit facility.

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Caterina Caterina Sun Oct 27 2024
The offering amounts to $150.0 million and is due in 2029.

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