Oxford Lane Capital Prices $35.78 Million Preferred Stock Offering

Bitget2026/10/22 12:11

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Oxford Lane Capital priced 1,440,000 additional 8.25% Series 2031 Term Preferred Shares at $24.85 each.
Gross proceeds total $35.78 million; net proceeds will repay outstanding indebtedness and/or fund general working capital.
Underwriters have a 30-day option to purchase up to 216,000 additional shares on the same terms to cover over-allotments.
Delivery is expected October 23, 2026, subject to customary closing conditions.
The issuance will bring total shares outstanding in the series to 4,200,000.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oxford Lane Capital Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610220800PRIMZONEFULLFEED9851132) on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Oxford Lane Capital Prices $35.78 Million Preferred Stock Offering

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