Operator
Good morning and welcome to CION Investment Corporation’s Second Quarter 2026 Earnings Conference Call. An earnings press release was distributed earlier this morning before market open. A copy of the press release, along with a supplemental earnings presentation, is available on the company’s website at www.cionbdc.com in the Investor Resources section and should be reviewed in conjunction with the company’s Form 10-Q filed with the SEC. As a reminder, this conference call is being recorded for replay purposes.
Please note that today’s conference call may contain forward-looking statements, which are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the company’s filings with the SEC.
Joining me on today’s call will be Mark Gatto, CION Investment Corporation’s Co-Chief Executive Officer; Gregg Bresner, President and Chief Investment Officer; and Keith Franz, Chief Financial Officer.
With that, I would now like to turn the call over to Mark Gatto. Please go ahead, Mark.
Mark Gatto
Co-Founder, Co-Chairman & Co-CEO
Thank you, and good morning, everyone. I want to start this morning with a simple observation of CION’s second quarter results. This was a good quarter based on our key metrics. Net asset value per share was up. Net investment income was up. Non-accruals were down. No new names were placed on nonaccrual. No new internal risk rating downgrades. And subsequent to quarter end, management undertook a series of capital actions that strengthens