Company: OXLCZ
Filing Date: 2025-02-19
Form Type: 424B2
Source: 0001213900-25-015045
Chunk: 54

Company: Oxford Lane Capital Corp.
Filing Date: 2025-02-19
Form: 424B2
Chunk 54
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 Markets, LLC      |     | $         |
| Piper Sandler & Co.             |     |           |
| Clear Street LLC                |     |           |
| InspereX LLC                    |     |           |
| Janney Montgomery Scott LLC     |     |           |
| William Blair & Company, L.L.C. |     |           |
| Total                           |     | $         |

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 Notes (other than those covered by the overallotment option described below) if they purchase any of the Notes. The underwriters have agreed to purchase the Notes from us at% of the aggregate principal amount of the Notes, which will result in aggregate proceeds to us of $, assuming no exercise of the underwriters’ overallotment option, and before deducting expenses payable by us, and $, assuming full exercise of the underwriters’ overallotment option. The underwriters propose to offer the Notes for sale, from time to time, in one or more negotiated transactions, at prices that may be different than par. These sales may occur at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at prices negotiated by the joint book -runningmanagers or with approval from the joint book -runningmanagers. The underwriters hold an option, exercisable for 30 days from the date of this prospectus, to purchase up to an additional $million aggregate principal amount of the Notes at the public offering price less the underwriting discount. The underwriters may exercise the option solely for the purpose of covering overallotments, if any, in connection with this offering. To the extent such option is exercised, each underwriter must purchase a number of additional Notes approximately proportionate to that underwriter’s initial purchase commitment. We have agreed that, for a period of 90 days from the date of this prospectus supplement, we will not, without the prior written consent of Lucid, on behalf of the underwriters, offer, pledge, sell, contract to sell or otherwise dispose of or agree to sell or otherwise dispose of, directly or indirectly or hedge any debt securities issued or guaranteed by us or any securities convertible into or exercisable or exchangeable for debt securities issued or guaranteed by us or file any registration statement under the Securities Act with respect to any of the foregoing. Lucid in