Company: OXLCZ
Filing Date: 2025-11-05
Form Type: N-CSRS
Source: 0001213900-25-106331
Chunk: 51

Company: Oxford Lane Capital Corp.
Filing Date: 2025-11-05
Form: N-CSRS
Chunk 51
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 unrealized appreciation for tax purposes was $41,941,620, and aggregate gross unrealized depreciation was $868,917,993. For tax purposes, the cost basis of the portfolio investments at September 30, 2025 was $3,426,578,437. NOTE 8. MANDATORILY REDEEMABLE PREFERRED STOCK The Fund has authorized 50 million shares of mandatorily redeemable preferred stock, at a par value of $0.01 per share, and had 8,761,706shares issued and outstanding at September 30, 2025. During the six months ended September 30, 2025, the Fund had the following series of preferred stock outstanding: 6.25% Series 2027 Term Preferred Shares (the “6.25% Series 2027 Shares”); 6.00% Series 2029 Term Preferred Shares (the “6.00% Series 2029 Shares”); and its 7.125% Series 2029 Term Preferred Shares (the “7.125% Series 2029 Shares”), collectively the “Term Preferred Shares”, each issued in an underwritten public offering. The Fund is 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. The Fund cannot effect any amendment, alteration, or repeal of the Fund’s 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 the Fund’s sole option, the Fund 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. The Fund, with the authorization by the Board of Directors, may repurchase any of the Term Preferred Shares from time to time in the open market and effectively extinguish the debt. As of September 30, 2025, there were no accumulated but unpaid dividends on the Fund’s Term Preferred Shares. The Fund’s Term Preferred Share activity for the six months ended September 30, 2025, was as follows:

|                                          |     |       6.25% 
 Series 2027 
        Term 
   Preferred 
      Shares |     |       6.