Company: OXLCZ
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001213900-25-015823
Chunk: 53

Company: Oxford Lane Capital Corp.
Filing Date: 2025-02-21
Form: 424B2
Chunk 53
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 holder’s account. In addition, subject to certain exceptions, this legislation also imposes a 30% withholding on payments to foreign entities that are not FFIs unless the foreign entity certifies that it does not have a greater than 10% U.S. owner or provides the withholding agent with identifying information on each greater than 10% U.S. owner. Depending on the status of a non -U.S. holder and the status of the intermediaries through which they hold the Notes, non -U.S. holders could be subject to this 30% withholding tax with respect to interest paid on the Notes and proceeds from the sale of the Notes. Under certain circumstances, a non -U.S. holder might be eligible for refunds or credits of such taxes. You should consult your own tax advisor with respect to the particular tax consequences to you of an investment in the Notes, including the possible effect of any pending legislation or proposed regulations. S-39 Table of Contents

UNDERWRITING Lucid is acting as representative of the underwriters named below. Subject to the terms and conditions stated in the underwriting agreement dated February19, 2025, each underwriter named below has agreed to purchase, and we have agreed to sell to that underwriter, the aggregate principal amount of Notes set forth opposite the underwriter’s name.

| Underwriter             |     | Principal 
 amount of 
 Notes     |             |
|:------------------------|:----|:----------|------------:|
| Lucid                   
 Capital Markets, LLC    |     | $         | 110,526,125 |
| Piper                   
 Sandler & Co.           |     |           |  22,019,500 |
| Clear                   
 Street LLC              |     |           |   7,133,875 |
| InspereX                
 LLC                     |     |           |  11,088,000 |
| Janney                  
 Montgomery Scott LLC    |     |           |   3,033,250 |
| William                 
 Blair & Company, L.L.C. |     |           |   9,549,250 |
| Ladenburg               
 Thalmann & Co. Inc.     |     |           |   1,650,000 |
| Total                   |     | $         | 165,000,000 |

The underwriting agreement provides that the obligations of the underwriters to purchase the Notes included in this offering are subject to approval of legal matters by counsel and to other conditions. The underwriters are obligated to purchase all the