As of July 2, 2026, CION's stock price stood at $6.39, more than 50% below its last reported net asset value (NAV) of $13.11. It follows that if CION's portfolio were liquidated in an orderly fashion and the cash received was distributed to shareholders, they would stand to receive more than double what they would receive today by selling their shares in the market. Bulldog acknowledges that CION has repurchased a significant number of its shares in the past. However, given its current extremely large tradi ...