Company: OXLCZ
Filing Date: 2025-05-21
Form Type: 424B3
Source: 0001213900-25-046225
Chunk: 1

Company: Oxford Lane Capital Corp.
Filing Date: 2025-05-21
Form: 424B3
Chunk 1
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114,640,609 shares 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 $573.5 million and net proceeds were approximately $570.2 million, after deducting the sales agents’ commissions and offering expenses. FOURTH QUARTER FINANCIAL HIGHLIGHTS AND APRIL 2025 FINANCIAL UPDATE

| Month Ending       
 July 31, 2025      | Record Date        
 July 17, 2025      | Payment Date       
 July 31, 2025      | Amount Per Share 
            $0.09 |
|:-------------------|:-------------------|:-------------------|-----------------:|
| August 31, 2025    | August 15, 2025    | August 29, 2025    |            $0.09 |
| September 30, 2025 | September 16, 2025 | September 30, 2025 |            $0.09 |

| ● | Net asset value (“NAV”) per share as of March 31, 2025 stood           
 at $4.32, compared with a NAV per share on December 31, 2024 of $4.82. |

| ● | In addition, management’s unaudited estimate                                                                                                 
 of the range of the NAV per share of our common stock as of April 30, 2025, is between $3.98 and $4.08. This estimate is not a comprehensive 
 statement of our financial condition or results for the month ended April 30, 2025. This estimate did not undergo the Company’s              
 typical quarter-end financial closing procedures and was not approved by our Board of Directors. We advise you that our NAV per share        
 for the quarter ending June 30, 2025 may differ materially from this estimate, which is given only as of April 30, 2025. See additional      
 information under “Supplemental Information Regarding April Net Asset Value Estimate” below.                                                 |

| ● | Net investment income (“NII”), calculated in accordance with U.S. generally accepted accounting                 
 principles (“GAAP”), was approximately $75.4 million, or $0.18 per share, for the quarter ended March 31, 2025. |

| ● | Our core net investment income (“Core NII”) was approximately $95.8 million, or $0.23 per 
 share