Company: OXLCZ
Filing Date: 2025-10-14
Form Type: 40-APP/A
Source: 0001213900-25-098756
Chunk: 6

Company: Oxford Lane Capital Corp.
Filing Date: 2025-10-14
Form: 40-APP/A
Chunk 6
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 Act.

| C. | OXPK |

OXPK is a Maryland
corporation formed on December 19, 2022 and structured as an externally managed registered closed-end management investment company
under the 1940 Act that operates as a tender offer fund. OXPK commenced operations on April 3, 2023. OXPK has elected to be treated as a RIC under Sub-Chapter M of the Code, and intends to
comply with the requirements to qualify for tax treatment applicable to RICs. OXPK’s principal place of business is 8 Sound
Shore Drive, Greenwich, CT 06830.

| 9 | The Board of each Future Regulated Fund will consist of a majority of members who are not “interested 
 persons” of such Future Regulated Fund within the meaning of Section 2(a)(19) of the 1940 Act.        |

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OXPK’s investment objective
is to maximize its portfolio’s risk-adjusted total return by investing in equity and junior debt tranches of CLO vehicles. OXPK
has a five-member board (the “OXPK Board” and, together with the OXSQ Board, OXLC Board, and any future Regulated
Fund’s board, the “Board”), of which three members are not “interested” persons of OXPK within
the meaning of Section 2(a)(19) of the 1940 Act.

| D. | The Existing Affiliated Funds |

The Existing Affiliated Funds
are investment funds, each of whose investment adviser is Oxford Gate Management and each of which would be an investment company but
for Section 3(c)(1) or Section 3(c)(7) of the 1940 Act.10
A complete list of the Existing Affiliated Funds is included on hereto.

| E. | The Existing Advisers |

Each of the Existing Advisers
are controlled by Oxford Funds, LLC (“Oxford Funds”). Oxford Funds serves as administrator to OXSQ, OXLC, OXPK,
pursuant to respective administration agreements with each. Oxford Funds does not currently offer investment advisory services to any
person and is not expected to do so in the future. Accordingly, Oxford Funds has not been included as an Applicant.

OXSQ Adviser is a Delaware
limited liability company and is registered as an investment adviser with the Commission under the Investment Advisers Act of 1940, as