Company: OXLCZ
Filing Date: 2025-11-05
Form Type: N-CSRS
Source: 0001213900-25-106331
Chunk: 49

Company: Oxford Lane Capital Corp.
Filing Date: 2025-11-05
Form: N-CSRS
Chunk 49
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ization. The update aims to enhance transparency by requiring tabular disclosures and qualitative descriptions for unspecified amounts. Additionally, entities must report total selling expenses and their definitions annually. The standard is effective for annual periods beginning after December 15, 2026, with interim periods following in 2027, and early adoption is permitted. The Fund is currently assessing the impact of this guidance, however, the Fund does not expect a material impact on its financial statements. In December 2023, the FASB issued ASU 2023 -09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023 -09”), which is intended to enhance the transparency of income tax disclosures. ASU 2023 -09is effective for fiscal years beginning after December15, 2024 and is to be adopted on a prospective basis with the option to apply retrospectively. The Fund is currently assessing the impact of this guidance, however, the Fund does not expect a material impact on its financial statements. Other than the aforementioned guidance, the Fund’s management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the accompanying financial statements. NOTE 7. DISTRIBUTIONS For the six months ended September 30, 2025, the Fund declared and paid distributions on its common stock of $2.70 per share, or $258,293,792, which the per share amount has been adjusted retroactively to reflect the Reverse Stock Split. The Fund declared and paid distributions on its common stock of $5.25 per share, or $357,264,250 for the year ended March 31, 2025, which the per share amount has been adjusted retroactively to reflect the Reverse Stock Split. The tax character of distributions paid for the six months ended September 30, 2025 represented, on an estimated basis, $258,293,792 million from ordinary income. For the six months ended September 30, 2025, the amounts and sources of distributions reported are only estimates. The tax character of distributions paid for the year ended March 31, 2025 represented, on an estimated basis, $357,264,250 from ordinary income. For the year ended March 31, 2025 and the six months ended September 30, 2025, the amounts and sources of distributions reported are only estimates. The ultimate tax character of distributions is unknown until our tax return is filed. For the six