Company: OXLCZ
Filing Date: 2025-05-20
Form Type: N-CSR
Source: 0001213900-25-045605
Chunk: 62

Company: Oxford Lane Capital Corp.
Filing Date: 2025-05-20
Form: N-CSR
Chunk 62
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 Oxford Lane Management’s key management personnel for our future success, particularly Jonathan H. Cohen and Saul B. Rosenthal. •We operate in a highly competitive market for investment opportunities. •Regulations governing our operation as a registered closed -endmanagement investment company, including the asset coverage ratio requirements under the 1940 Act, affect our ability to raise additional capital and the way in which we do so. The raising of debt capital may expose us to risks, including the typical risks associated with leverage. •We are permitted to borrow money, which magnifies the potential for gain or loss on amounts invested and may increase the risk of investing in us. •There are significant 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. See “PRINCIPAL RISKS” below, as well as our prospectus, for additional discussion of factors you should carefully consider before investing in the Fund’s securities. 66 PRINCIPAL RISKS Investing in our securities involves a number of significant risks. In addition to the other information contained elsewhere in this report, you should consider carefully the following information before making an investment in our securities. If any