Company: OXLCZ
Filing Date: 2025-02-11
Form Type: 424B3
Source: 0001213900-25-011936
Chunk: 1

Company: Oxford Lane Capital Corp.
Filing Date: 2025-02-11
Form: 424B3
Chunk 1
---
69,685,583shares of common stockpursuant to the “at-the-market” offering. The total amount of capital raised as a result of these sales of common stock was approximately $352.6 million and net proceeds were approximately $350.7 million, after deducting the sales agents’ commissions and offering expenses. JANUARY 2025 FINANCIAL UPDATE On February 10, 2025, we announced the following net asset value (“NAV”) estimate as of January 31, 2025.

| ● | Management’s unaudited estimate of the                                                                                                    
 range of the NAV per share of our common stock as of January 31, 2025, is between $4.78 and $4.88. This estimate is not a comprehensive   
 statement of our financial condition or results for the month ended January 31, 2025. This estimate did not undergo the Company’s         
 typical quarter-end financial closing procedures and was not approved by the Company’s board of directors. We advise you that our         
 NAV per share for the quarter ending March 31, 2025 may differ materially from this estimate, which is given only as of January 31, 2025. |

The fair value of the Company’s portfolio investments may be materially impacted after January 31, 2025, by circumstances and events that are not yet known. To the extent the Company’s portfolio investments are impacted by market volatility in the U.S. or worldwide, the Company may experience a material impact on its future net investment income, the fair value of its portfolio investments, its financial condition and the financial condition of its portfolio investments. Investing in our securities involves a number of significant risks. For a discussion of the additional risks applicable to an investment in our securities, please refer to the section titled “Risk Factors” in our prospectus and the section titled “Principal Risks” in our most recent annual report or semi-annual report, as applicable. The preliminary financial data included in this prospectus supplement has been prepared by, and is the responsibility of, Oxford Lane Capital Corp.’s management. PricewaterhouseCoopers LLP has not audited, reviewed, compiled, or applied agreed-upon procedures with respect to the preliminary financial data. Accordingly, PricewaterhouseCoopers LLP does not express an opinion or any other form of assurance with respect thereto. The PricewaterhouseCoopers LLP report incorporated by reference relates to the Company’s previously issued financial statements. It does not extend to the preliminary financial data