Filing Analysis
Oxford Square Capital Corp. held its Annual Meeting of Stockholders on August 20, 2026. The meeting resulted in the election of two directors and the ratification of Ernst & Young LLP as the independent auditor.
📋 Key Facts
- Annual Meeting of Stockholders held on August 20, 2026.
- Record date for voting was June 30, 2026.
- Total shares entitled to vote: 105,058,242 common shares.
- Elected Steven P. Novak and Charles M. Royce to the Board of Directors for three-year terms expiring in 2029.
- Ratified the appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
Oxford Square Capital Corp. filed an 8-K to announce the release of its financial results for the second quarter ended June 30, 2026. The filing serves as a formal announcement and incorporates the press release via Exhibit 99.1.
📋 Key Facts
- Reporting period: Second Quarter ended June 30, 2026.
- Filing date: July 31, 2026.
- The company issued a press release containing financial results as Exhibit 99.1.
- Securities mentioned in header include Common Stock (OXSQ), 5.50% Notes due 2028 (OXSQG), and 7.75% Notes due 2030 (OXSQH).
Oxford Square Capital Corp. filed an 8-K to announce its second quarter 2026 financial results and the declaration of upcoming distributions for Q4 2026.
📋 Key Facts
- Announced financial results for the second quarter ended June 30, 2026 (Item 2.02).
- Declared distributions for the months ending October 31, 2026, November 30, 2026, and December 31, 2026 (Item 7.01).
- Provided supplemental investor information on the company website.
Oxford Square Capital Corp. dismissed PricewaterhouseCoopers LLP (PwC) as its independent registered public accounting firm and appointed Ernst & Young LLP (EY) on May 26, 2026.
📋 Key Facts
- Dismissal of PwC and engagement of EY occurred on May 26, 2026.
- The change was approved by the Board of Directors based on the audit committee's recommendation.
- PwC's audit reports for fiscal years 2024 and 2025 contained no adverse opinions, disclaimers, or qualifications.
- The company explicitly states there were no disagreements with PwC regarding accounting principles, practices, or auditing scope.
- No 'reportable events' as defined by Item 304(a)(1)(v) of Regulation S-K occurred during the transition period.
Oxford Square Capital Corp. (OXSQ) tripled its authorized common stock from 100 million to 300 million shares via an Articles of Amendment filed on May 8, 2026. This significant increase in authorized capital provides the company with substantial capacity for future equity issuances.
🚩 Red Flags
- A 200% increase in authorized shares is a strong indicator of potential massive future shareholder dilution.
- Business Development Companies (BDCs) frequently use increased share capacity to raise capital, which can be dilutive to existing shareholders if shares are issued below Net Asset Value (NAV).
📋 Key Facts
- Articles of Amendment filed with the Maryland State Department of Assessments and Taxation on May 8, 2026.
- Authorized shares of common stock increased from 100,000,000 to 300,000,000.
- The par value of the common stock remains $0.01 per share.
- The amendment became effective immediately upon filing.
Oxford Square Capital Corp. entered into an amendment to its existing equity distribution agreement to continue its at-the-market (ATM) offering program. This allows the company to sell common stock through sales agents Lucid Capital Markets and Ladenburg Thalmann under a new shelf registration statement.
🚩 Red Flags
- Potential for shareholder dilution through the at-the-market equity offering program.
📋 Key Facts
- Entered into Amendment No. 1 to the Amended and Restated Equity Distribution Agreement on May 5, 2026.
- The agreement involves sales agents Lucid Capital Markets, LLC and Ladenburg Thalmann & Co. Inc.
- The offering is conducted under a shelf registration statement on Form N-2 (Registration No. 333-290511).
- The amendment facilitates the continued sale of common stock, par value $0.01 per share.
Oxford Square Capital Corp. announced its financial results for the first quarter ended March 31, 2026, and declared monthly distributions for July, August, and September 2026.
📋 Key Facts
- Announced Q1 2026 financial results on April 29, 2026.
- Declared monthly distributions for the months ending July 31, August 31, and September 30, 2026.
- Supplemental investor information was made available on the company's website.
- The filing includes Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).
Oxford Square Capital Corp. announced its financial results for the fourth quarter and fiscal year ended December 31, 2025, and declared monthly distributions for the second quarter of 2026.
📋 Key Facts
- Financial results for Q4 and FY 2025 were released on March 3, 2026.
- Monthly distributions were declared for April 30, May 31, and June 30, 2026.
- Supplemental investor information was made available on the company's website.
- The filing contains disclosures under Item 2.02 and Item 7.01.
Oxford Square Capital Corp. filed an 8-K to announce its quarterly financial results for the period ended September 30, 2025 and declared distributions for the first three months of 2026.
📋 Key Facts
- Announced financial results for the quarter ended September 30, 2025 via press release (Exhibit 99.1).
- Declared distributions for the months ending January 31, 2026, February 28, 2026, and March 31, 2026.
- Provided supplemental investor information on the company website.
Oxford Square Capital Corp. held its Annual Meeting of Stockholders on August 20, 2025. The meeting resulted in the election of a director and the ratification of PricewaterhouseCoopers LLP as the independent auditor.
📋 Key Facts
- Annual Meeting of Stockholders held on August 20, 2025.
- Barry A. Osherow was elected to the Board of Directors for a three-year term expiring at the 2028 Annual Meeting.
- PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
- Total shares entitled to vote: 76,027,372.
Oxford Square Capital Corp. has announced its intention to redeem all outstanding 6.25% Notes due 2026, totaling $24,790,750 in aggregate principal amount. The redemption is scheduled for September 19, 2025, at a price of $25 per note plus accrued interest.
🚩 Red Flags
- Delisting of a specific debt security (OXSQZ) from NASDAQ.
📋 Key Facts
- Redemption of $24,790,750 in aggregate principal amount of 6.25% Notes due 2026 (CUSIP No. 69181V 305).
- Redemption Date: September 19, 2025.
- Redemption Price: $25 per Note plus accrued and unpaid interest from July 31, 2025, to the Redemption Date.
- The Notes (Ticker: OXSQZ) will be delisted from the NASDAQ Global Select Market LLC following redemption.
Oxford Square Capital Corp. has closed a public offering of $65.0 million in 7.75% Notes due 2030, supplemented by an option for underwriters to purchase up to an additional $9.75 million. The proceeds are intended for debt repayment and new investments.
🚩 Red Flags
- High coupon rate (7.75%) compared to previous note issuances mentioned in the header (6.25% and 5.50%), indicating higher cost of capital for the company.
📋 Key Facts
- Aggregate principal amount of the offering: $65.0 million (with an over-allotment option of up to $9.75 million).
- Interest rate: 7.75% per annum, payable quarterly on Jan 31, Apr 30, Jul 31, and Oct 31.
- Maturity date: July 31, 2030.
- The Notes will be listed on NASDAQ under the symbol 'OXSQH'.
- Company has a call option to redeem notes starting July 31, 2027, at 100% of principal plus accrued interest.
Oxford Square Capital Corp. filed an 8-K to announce its quarterly financial results for the period ending June 30, 2025 and declared distributions for the final three months of 2025.
📋 Key Facts
- Announced financial results for the quarter ended June 30, 2025 via press release (Exhibit 99.1).
- Declared distributions for the months ending October 31, 2025, November 30, 2025, and December 31, 2025.
- Provided supplemental investor information on the company website.
Oxford Square Capital Corp. entered into an underwriting agreement on July 31, 2025, to issue $65.0 million in 7.75% Notes due 2030. The offering includes an over-allotment option for underwriters to purchase up to an additional $9.75 million.
🚩 Red Flags
- Increased cost of debt: The new notes carry a coupon of 7.75%, which appears higher than the company's existing 6.25% and 5.50% notes mentioned in the XBRL header, indicating rising interest expense for the issuer.
📋 Key Facts
- Company entered into an underwriting agreement with Lucid Capital Markets, LLC on July 31, 2025.
- The offering consists of $65.0 million aggregate principal amount of 7.75% Notes due 2030.
- Underwriters have an option to purchase up to an additional $9.75 million in notes.
- Closing is expected to occur on August 7, 2025.
- The offering is being conducted under the company's existing shelf registration statement (Form N-2).
Oxford Square Capital Corp. has announced its intent to redeem $10 million of its 6.25% Notes due 2026 on July 18, 2025. This represents a partial redemption of the total $34.8 million in outstanding notes.
📋 Key Facts
- Redemption amount: $10,000,000 aggregate principal.
- Total outstanding Notes being addressed: $34.8 million.
- Notes details: 6.25% interest rate due 2026 (CUSIP No. 69181V 305).
- Redemption Date: July 18, 2025.
- Redemption Price: $25 per Note plus accrued and unpaid interest from April 30, 2025.
Oxford Square Capital Corp. has announced its intention to redeem $10 million of its 6.25% Notes due 2026 on June 13, 2025. This is a partial redemption of the total $44.8 million in outstanding notes.
📋 Key Facts
- Redemption amount: $10,000,000 aggregate principal amount.
- Target security: 6.25% Notes due 2026 (CUSIP No. 69181V 305; NasdaqGS: OXSQZ).
- Redemption date: June 13, 2025.
- Total outstanding principal of these notes: $44.8 million.
- Redemption price: $25 per Note plus accrued and unpaid interest from April 30, 2025, to the redemption date.
Oxford Square Capital Corp. filed an 8-K to announce its quarterly financial results for the period ended March 31, 2025 and declared distributions for the upcoming months through September 30, 2025.
📋 Key Facts
- Announced financial results for the quarter ended March 31, 2025 via press release (Exhibit 99.1).
- Declared distributions for the months ending July 31, 2025, August 31, 2025, and September 30, 2025.
- Provided supplemental investor information on the company website.
Oxford Square Capital Corp. filed an 8-K to announce its financial results for the quarter ended December 31, 2024, and declared distributions for the months of April, May, and June 2025.
📋 Key Facts
- Announced financial results for the fiscal quarter ending December 31, 2024.
- Declared distributions for the upcoming three-month period: April 30, 2025; May 31, 2025; and June 30, 2025.
- Supplemental investor information made available on the company website.
Oxford Square Capital Corp. filed an 8-K to announce its financial results for the quarter ended September 30, 2024, and declared distributions for the first three months of 2025.
📋 Key Facts
- Announced financial results for the quarter ending September 30, 2024 via press release (Exhibit 99.1).
- Declared distributions for January 31, 2025, February 28, 2025, and March 31, 2025.
- Provided supplemental investor information on the company website.
Oxford Square Capital Corp. held its Annual Meeting of Stockholders on August 23, 2024. The meeting resulted in the election of two directors and the ratification of PricewaterhouseCoopers LLP as the independent auditor.
📋 Key Facts
- Annual Meeting of Stockholders held on August 23, 2024.
- Election of Jonathan H. Cohen to the Board of Directors (16,379,600 votes 'For').
- Election of George Stelljes III to the Board of Directors (14,499,969 votes 'For').
- Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending Dec 31, 2024.
- Total shares entitled to vote: 62,705,628.
Oxford Square Capital Corp. entered into an Amended and Restated Equity Distribution Agreement on August 16, 2024. The amendment primarily serves to add Lucid Capital Markets, LLC as an additional sales agent for the company's shelf registration program.
📋 Key Facts
- Date of agreement: August 16, 2024
- Amended and Restated Equity Distribution Agreement entered into with Oxford Square Management, LLC, Oxford Funds, LLC, Lucid Capital Markets, LLC, and Ladenburg Thalmann & Co. Inc.
- Purpose of amendment: Adding Lucid Capital Markets, LLC as an additional sales agent.
- Offering is conducted under the company's existing shelf registration statement on Form N-2 (No. 333-265533).
- Dechert LLP provided a legality opinion regarding the common stock to be sold.
Oxford Square Capital Corp. filed an 8-K to announce its financial results for the quarter ended June 30, 2024, and declared distributions for the months of October, November, and December 2024.
📋 Key Facts
- Announced financial results for the second quarter ended June 30, 2024 (Item 2.02).
- Declared distributions for the months ending October 31, 2024, November 30, 2024, and December 31, 2024 (Item 7.01).
- Supplemental investor information made available on the company website.
Oxford Square Capital Corp. filed an 8-K to announce its financial results for the quarter ended March 31, 2024 and declared distributions for the months of July, August, and September 2024.
📋 Key Facts
- Announced Q1 2024 financial results (quarter ended March 31, 2024).
- Declared distributions for the months ending July 31, 2024, August 31, 2024, and September 30, 2024.
- Supplemental investor information made available on the company website.
Oxford Square Capital Corp. filed an 8-K to announce its financial results for the quarter ended December 31, 2023, and declared distributions for the months of April, May, and June 2024.
📋 Key Facts
- Announced financial results for the quarter ending December 31, 2023.
- Declared distributions for the months ending April 30, 2024, May 31, 2024, and June 30, 2024.
- Provided supplemental investor information via company website.