CION Investment Corp: David's Bridal entered LOI for Pearl business combination

What happened

CION filed an 8-K under Item 7.01 reporting that David’s Bridal, Inc. issued a press release on Oct 22, 2026 announcing that it has entered into a non-binding letter of intent with K&F Growth Acquisition Corp. II regarding a proposed business combination involving Pearl. The filing states DBI is a portfolio company of CION.

Key details

• Date: Oct 22, 2026.
• Parties: David’s Bridal, Inc. and K&F Growth Acquisition Corp. II.
• Transaction form: entered into a non-binding letter of intent regarding a proposed business combination.
• Target: Pearl, described in the filing as the AI-powered wedding planning, media, commerce and vendor marketplace platform and current division of DBI.

Why it may matter

This filing reports Item 7.01, regulation FD disclosure, which covers public disclosure of material information; it discloses that DBI issued a press release announcing the non-binding letter of intent for the proposed Pearl business combination. The filing does not show why the insider traded or why the company acted.