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Stock impact report

Oxford Lane Capital Corp. Announces Preferred Stock Offering

Oxford Lane Capital Corp. - Closed End Fund (OXLC) 
US:NASDAQ Investor Relations: oxfordlanecapital.com
Company Research Source: GlobeNewswire
GREENWICH, Conn., March 12, 2026 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (the “Company”) (Nasdaq GS: OXLC, OXLCP, OXLCL, OXLCO, OXLCZ, OXLCN, OXLCI and OXLCG) today announced that it plans to offer shares of its newly designated Series 2031 Term Preferred Shares (the “Preferred Stock”) in an underwritten public offering. The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company also plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Stock on the same terms and conditions to cover over-allotments, if any. The Preferred Stock is expected to be listed on the NASDAQ Global Select Market and to trade thereon within 30 days of the original issue date. The Company expects to use the net proceeds from this offering to repay outstanding indebtedness and/or for general working capital purposes. Lucid Capital Markets, LLC and Piper Sandler & Co. are Show less Read more
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