Company: OXLCZ
Filing Date: 2025-01-28
Form Type: 424B3
Source: 0001213900-25-007248
Chunk: 2

Company: Oxford Lane Capital Corp.
Filing Date: 2025-01-28
Form: 424B3
Chunk 2
---
 debt investments and other income. |

| ● | Our total expenses for the quarter ended December                                                                                      
 31, 2024 were approximately $42.0 million, compared with total expenses of approximately $37.9 million for the quarter ended September 
 30, 2024.                                                                                                                              |

| ● | For the quarter ended December 31, 2024, we recorded a net increase in net assets resulting from operations of approximately $103.7 
 million, or $0.29 per share, comprised of:                                                                                          |

| o | NII of approximately $72.4 million; |

| o | Net realized losses of approximately $3.6 million; and |

| o | Net unrealized appreciation of approximately $34.9 million. |

| ● | During the quarter ended December 31, 2024, we made additional investments of approximately $389.3 million, and received approximately 
 $33.9 million from sales and repayments of our CLO investments.                                                                        |

| ● | For the quarter ended December 31, 2024, we issued a total of approximately 49.0 million shares of common stock pursuant to an “at-the-market” 
 offering. After deducting the sales agent’s commissions and offering expenses, this resulted in net proceeds of approximately $248.9           
 million. As of December 31, 2024, we had approximately 388.9 million shares of common stock outstanding.                                       |

| Preferred            
 Shares Type          |            Per Share 
             Dividend 
               Amount 
             Declared | Record Dates                                 | Payment Dates                                |
| 6.25% - Series 2027  | $         0.13020833 | March 17, 2025, April 16, 2025, May 16, 2025 | March 31, 2025, April 30, 2025, May 30, 2025 |
| 6.00% - Series 2029  | $         0.12500000 | March 17, 2025, April 16, 2025, May 16, 2025 | March 31, 2025, April 30, 2025, May 30, 2025 |
| 7.125% - Series 2029 | $         0.14843750 | March 17, 2025, April 16, 2025, May 16, 2025