Company: OXLCZ
Filing Date: 2025-02-19
Form Type: 424B2
Source: 0001213900-25-015045
Chunk: 14

Company: Oxford Lane Capital Corp.
Filing Date: 2025-02-19
Form: 424B2
Chunk 14
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 of these risk factors, please see “Supplementary Risk Factors” beginning on page S -16of this prospectus supplement and “Risk Factors” beginning on page 15 of the accompanying prospectus. Risks Related to the Notes •The Notes will be unsecured and therefore will be effectively subordinated to any secured indebtedness we may incur in the future and rank pari passuwith, which means equal to, all outstanding and future unsecured unsubordinated indebtedness issued by us and our general liabilities. The Notes will be structurally subordinated to the indebtedness and other liabilities of our future subsidiaries, if any. •The indenture under which the Notes will be issued will contain limited protections for holders of the Notes. •Our amount of debt outstanding will increase as a result of this offering. Our future indebtedness could adversely affect our business, financial condition, results of operations, and ability to meet our payment obligations under the Notes and our other debt. •There is no existing trading market for the Notes, and, even if the NASDAQ Global Select Market approves the listing of the Notes, an active trading market for the Notes may not develop, which could adversely impact the market price of the Notes or limit your ability to sell the Notes. •We may choose to redeem the Notes when prevailing interest rates are relatively low. •An increase in market interest rates could result in a decrease in the market value of the Notes. •We may be unable to invest a significant portion of the net proceeds from this offering, which could adversely impact our financial condition and operating results. •If we default on our obligations to pay our other indebtedness, we may not be able to make payments on the Notes. •A downgrade, suspension or withdrawal of the credit rating assigned by a rating agency to us or the Notes, if any, could cause the liquidity or market value of the Notes to decline significantly. 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” in the accompanying prospectus. 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 “Additional U.S. Federal Income Tax Considerations” in this prospectus supplement