Company: OXLCZ
Filing Date: 2025-02-19
Form Type: 424B2
Source: 0001213900-25-015045
Chunk: 77

Company: Oxford Lane Capital Corp.
Filing Date: 2025-02-19
Form: 424B2
Chunk 77
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 potential conflicts of interest between Oxford Lane Management and our management team. Risks Related to U.S. Federal Tax Regulation •We will be subject to U.S. federal income tax at corporate rates, if we are unable to qualify for tax treatment as a RIC for U.S. federal income tax purposes. Risks Relating to Our Investments •Our investments in CLO vehicles are riskier and less transparent to us and our stockholders than direct investments in the underlying Senior Loans or CLO Assets. •CLO securities and their investments are often illiquid. •Our portfolio of investments may lack diversification among CLO vehicles which may subject us to a risk of significant loss if one or more of these CLO vehicles experience a high level of defaults on its underlying Senior Loans or CLO Assets. •Investing in CLO vehicles, Senior Loans and other high -yieldcorporate credits involves a variety of risks, any of which may adversely impact our performance. •Inflation may adversely affect our and our portfolio companies’ business, results of operations and financial condition. Risks Relating to an Investment in Our Securities •Common shares of closed -endmanagement investment companies, including Oxford Lane Capital, have in the past frequently traded at discounts to their net asset values, and we cannot assure you that the market price of shares of our common stock will not decline below our net asset value per share. •Our common stock price may be volatile and may decrease substantially. 6 See “Risk Factors” in our most recent annual or semi -annualreport on Form N -CSR, as well as in subsequent filings with the SEC, for additional discussion of factors you should carefully consider before investing in our securities. Operating and Regulatory Structure Oxford Lane Capital is a Maryland corporation that is a closed -endmanagement investment company that has registered as an investment company under the 1940 Act. As a registered closed -endfund, we are required to meet regulatory tests. See “Regulation as a Registered Closed -EndManagement Investment Company.” We may also borrow funds to make investments. In addition, we have elected to be treated for U.S. federal income tax purposes, and intend to qualify annually, as a RIC under Subchapter M of the Code. See “Certain U.S. Federal Income Tax Considerations.” Our investment activities are managed by Oxford Lane Management and supervised by our Board of Directors. Oxford Lane Management is an investment adviser that is registered under the Advisers Act. Under our Investment Advisory Agreement, we have agreed to pay Oxford Lane Management an annual base