Company: OXLCZ
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001213900-25-015823
Chunk: 12

Company: Oxford Lane Capital Corp.
Filing Date: 2025-02-21
Form: 424B2
Chunk 12
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 redeemable preferred stock, at a par value of $0.01 per share, and had 8,761,706shares issued and outstanding at December 31, 2024. As of December 31, 2024, we had the following series of preferred stock outstanding: 6.25% Series 2027 Term Preferred Shares S-4 Table of Contents (the“Series 2027 Term Preferred Shares”), 6.00% Series 2029 Term Preferred Shares (the “6.00% Series 2029 Term Preferred Shares”), 7.125% Series 2029 Term Preferred Shares (the “7.125% Series 2029 Term Preferred Shares” and, together with the Series 2027 Term Preferred Shares and 6.00% Series 2029 Term Preferred Shares, the “Term Preferred Shares”), each issued in an underwritten public offering. We are required to redeem all of the outstanding Term Preferred Shares on their respective redemption dates, at a redemption price equal to $25 per share plus an amount equal to accumulated but unpaid dividends, if any, to the date of the redemption. We cannot effect any amendment, alteration, or repeal of our obligation to redeem all of the Term Preferred Shares without the prior unanimous vote or consent of the holders of such Term Preferred Shares. At any time on or after the optional redemption date, at our sole option, we may redeem the Term Preferred Shares at a redemption price per share equal to the sum of the $25 liquidation preference per share plus an amount equal to accumulated but unpaid dividends, if any, on such Term Preferred Shares. There was $88.1 million of our Series 2027 Term Preferred Shares, $67.2 million of our 6.00% Series 2029 Term Preferred Shares and $63.8 million of our 7.125% Series 2029 Term Preferred Shares issued and outstanding as of December 31, 2024. As of December 31, 2024 there were no accumulated but unpaid dividends on our Term Preferred Shares. 2027 Notes On January 13, 2022, we completed an underwritten public offering, including the full exercise of the underwriters’ 30 -dayoverallotment option, of $100.0 million in aggregate principal amount of 2027 Notes. The 2027Notes will mature on January 31, 2027, and may be redeemed in whole or in part at any time or from time to time at our option on or