Core Viewpoint - Oxford Square Capital Corp. reported its financial results for the quarter ended September 30, 2024, highlighting a decrease in net investment income and net asset value per share compared to the previous quarter. Financial Performance - Net investment income (NII) for Q3 2024 was approximately $6.2 million, or $0.10 per share, down from $7.7 million, or $0.13 per share, in Q2 2024 [2] - Total investment income for Q3 2024 was approximately $10.3 million, compared to $11.4 million in Q2 2024 [2] - Total expenses for Q3 2024 were approximately $4.2 million, an increase from $3.7 million in Q2 2024 [2] Investment Portfolio - The company made investments of approximately $47.7 million during Q3 2024 and received approximately $27.9 million from sales and repayments [3] - As of September 30, 2024, the weighted average yield of debt investments was 14.5%, up from 13.7% as of June 30, 2024 [2] - The company had three debt investments in one portfolio company on non-accrual status, with a combined fair value of approximately $0.5 million [3] Shareholder Distributions - The Board of Directors declared distributions of $0.035 per share for January, February, and March 2025 [1] - The net asset value (NAV) per share as of September 30, 2024, was $2.35, down from $2.43 as of June 30, 2024 [1][6] Market Activity - The company issued approximately 5.1 million shares of common stock through an "at-the-market" offering, resulting in net proceeds of approximately $14.5 million [3] - As of September 30, 2024, there were approximately 67.9 million shares of common stock outstanding [3] Financial Ratios - The ratio of expenses to average net assets for Q3 2024 was 10.71%, a decrease from 15.40% in Q3 2023 [10] - The ratio of net investment income to average net assets for Q3 2024 was 16.06%, compared to 17.13% in Q3 2023 [10]

GREENWICH, Conn., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQZ) (NasdaqGS: OXSQG) announced today that it will hold a conference call to discuss third quarter 2024 earnings on Tuesday, November 5, 2024 at 9:00 AM Eastern time. The toll free dial-in number is 800-445-7795 and the conference identification is “Oxford”. There will be a recording available for 30 days after the call. If you are interested in hearing the recording, please dial 800-945-1517. The ...

I 1 l p H unn t E i l I II and the first and 7 H - DNY59 Overview Business Development Companies have been one of the best places that investors could have stashed their cash as a way to benefit from this higher interest rate environment. However, not all BDCs are built with the same quality and results can vary based on the underlying portfolio structure. Oxford Square Capital (NASDAQ:OXSQ) has been one of the worst performing BDCs since 2020. I previously covered OXSQ back in May and rated it a sell. When ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________________________ FORM 10-Q _______________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER: 814-00638 _______________________________ OXFORD SQUARE CAPITAL CORP. (Exact name of registrant as speci ...

Oxford Square Capital Corp (NASDAQ:OXSQ) Q1 2024 Results Conference Call May 2, 2024 9:00 AM ET Company Participants Jonathan Cohen - Chief Executive Officer Saul Rosenthal - President Bruce Rubin - Chief Financial Officer Kevin Yonon - Managing Director and Portfolio Manager Operator Good day, everyone, and welcome to today's Oxford Square Capital Corp.'s First Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note that this call is being recorded, and I will be standing by should you n ...

Exhibit 99.1 Oxford Square Capital Corp. Announces Net Asset Value and Selected Financial Results for the Quarter Ended March 31, 2024 and Declaration of Distributions on Common Stock for the Months Ending July 31, August 31, and September 30, 2024. GREENWICH, CT – 5/2/2024 –Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQZ) (NasdaqGS: OXSQG) (the "Company," "we," "us" or "our") announced today its financial results and related information for the quarter ended March 31, 2024. · On April 25, 202 ...

Investment Holdings - As of December 31, 2023, the outstanding investment in Dryden 43 Senior Loan Fund was approximately $47.3 million[53]. - Carlyle Global Market Strategies CLO 2021-6, Ltd. had an outstanding investment of approximately $29.6 million as of December 31, 2023[54]. - Access CIG, LLC's outstanding investment in second lien notes was approximately $16.8 million as of December 31, 2023[55]. - Global Tel Link Corp had an outstanding investment of approximately $17.0 million in second lien notes as of December 31, 2023[56]. - Viant Medical Holdings, Inc. had outstanding investments of approximately $9.5 million and $5.0 million in first and second lien notes, respectively, as of December 31, 2023[57]. - Quest Software, Inc. had outstanding investments of approximately $3.0 million in first lien notes and $20.0 million in second lien notes as of December 31, 2023[58]. - Affinion Insurance Solutions, Inc. had an outstanding investment of approximately $14.5 million in first lien notes as of December 31, 2023[59]. - Verifone Systems, Inc. had an outstanding investment of approximately $13.9 million in first lien notes as of December 31, 2023[60]. - HealthChannels, Inc. had an outstanding investment of approximately $18.8 million in first lien notes as of December 31, 2023[61]. - Convergint Technologies, LLC had outstanding investments of approximately $2.5 million and $11.0 million in first and second lien notes, respectively, as of December 31, 2023[62]. Investment Income and Fees - Quarterly investment income was reported at 2.50%, exceeding the hurdle rate of 1.75%[81]. - Pre-Incentive Fee Net Investment Income for the quarter was calculated at 1.925% after deducting base fees and other expenses[81]. - The incentive fee for the quarter was determined to be 0.175%, as the Pre-Incentive Fee Net Investment Income exceeded the hurdle rate but was less than 2.1875%[84]. - In a different scenario, quarterly investment income reached 4.00%, resulting in a Pre-Incentive Fee Net Investment Income of 3.425%[85]. - The incentive fee in this scenario was calculated at 0.685%, as the Pre-Incentive Fee Net Investment Income exceeded both the hurdle rate and 2.1875%[87]. - The Capital Gains Incentive Fee is set at 20% of realized capital gains, net of losses, for each calendar year[89]. - Year 2 saw a total capital gains incentive fee of 1.6%, based on 9% realized gains after accounting for 1% unrealized depreciation[92]. - Year 3 reported a total capital gains incentive fee of 2%, calculated from 12% realized gains after accounting for 2% unrealized depreciation[92]. Operating Expenses and Management - The company bears all operating expenses, including advisory fees, overhead, and various other costs related to investment management[93]. - The Investment Advisory Agreement was re-approved by the Board of Directors on April 25, 2023, ensuring continued management services[96]. - The company has no employees; day-to-day investment operations are managed by Oxford Square Management[111]. Regulatory and Compliance Risks - The company is subject to increasingly complex corporate governance, public disclosure, and accounting requirements that could adversely affect its business and financial results[109]. - The company may face significant risks due to potential changes in interest rates for term loans to portfolio companies extending beyond 2023[109]. - The company is subject to compliance examinations by the SEC for adherence to the 1940 Act, which includes maintaining a minimum of 70% qualifying assets[130]. - The Sarbanes-Oxley Act requires the company's CEO and CFO to certify the accuracy of financial statements in periodic reports[138]. - The company has adopted compliance policies and procedures to prevent violations of federal securities laws and reviews them annually[137]. Market Conditions and Risks - The company operates in a highly competitive market for investment opportunities, facing competition from private equity, venture capital funds, and traditional financial services companies[110]. - The company may incur a 4% nondeductible U.S. federal excise tax on certain undistributed income unless it meets specific distribution requirements[114]. - The company may be forced to curtail or cease new lending and investment activities if it cannot obtain additional capital due to regulatory or market constraints[109]. - The company’s common stock price may be volatile and has traded at a discount from net asset value[109]. - The company is authorized to borrow funds, which may increase the risk of investing in it[109]. - The company may face significant potential conflicts of interest between itself and its management team[109]. Interest Rate Sensitivity - A hypothetical increase of 300 basis points in floating interest rates would result in a 15.1% increase in net investment income, while a decrease of 300 basis points would lead to a 15.1% decrease[451]. - The company may hedge against interest rate fluctuations using standard hedging instruments, although this may limit benefits from lower interest rates[449]. - As of December 31, 2023, all but four of the company's variable rate investments were income producing, with rates generally based on the five-year U.S. Treasury note, the Prime rate, or SOFR[447]. Stock and Asset Management - The company must offer significant managerial assistance to the issuers of the securities it acquires, unless certain conditions are met[135]. - The company may sell its common stock below net asset value under specific circumstances, such as rights offerings to existing stockholders[129]. - The company is required to file annual and quarterly reports with the SEC, including audited financial statements[147]. - The asset coverage requirement under the 1940 Act for senior securities was changed from 200% to 150%, allowing the company to borrow $2 for investment purposes for every $1 of investor equity[128].

Exhibit 99.1 Oxford Square Capital Corp. Announces Net Asset Value and Selected Financial Results for the Quarter Ended December 31, 2023 and Declaration of Distributions on Common Stock for the Months Ending April 30, May 31, and June 30, 2024. GREENWICH, CT – 3/15/2024 –Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQZ) (NasdaqGS: OXSQG) (the "Company," "we," "us" or "our") announced today its financial results and related information for the quarter ended December 31, 2023. · On March 14, 202 ...

Investment Portfolio - As of September 30, 2023, the fair value of the Company's investment portfolio was approximately $285.5 million[232]. - The total fair value of the investment portfolio decreased to approximately $285.5 million as of September 30, 2023, down from $314.7 million as of December 31, 2022, primarily due to $15.0 million in debt repayments, $15.8 million in sales of investments, and net realized losses of $16.8 million[250]. - As of September 30, 2023, the company had investments in debt securities of 19 portfolio companies valued at approximately $193.7 million, CLO equity investments of approximately $84.1 million, and other equity investments of approximately $7.7 million[256]. - The company acquired approximately $8.2 million in portfolio investments during the nine months ended September 30, 2023, including $3.5 million in existing portfolio companies and $4.7 million in new portfolio companies[253]. - The portfolio had a weighted average credit grade of 2.2 as of September 30, 2023, consistent with the grade as of December 31, 2022[264]. - Senior secured notes represented 67.8% of the total portfolio as of September 30, 2023, while CLO equity investments accounted for 29.5%[260]. Investment Income - Investment income for Q3 2023 was approximately $13.0 million, up from $11.4 million in Q3 2022, representing a 14.0% increase[269]. - For the nine months ended September 30, 2023, total investment income was approximately $39.5 million, compared to $31.2 million for the same period in 2022, reflecting a 26.5% increase[269]. - Net investment income for the three months ended September 30, 2023, was approximately $6.4 million, compared to $5.6 million for the same period in 2022[290]. - The total distributions for the third quarter of fiscal 2023 reached $0.225 per share, with a GAAP net investment income of $0.11 per share, resulting in a shortfall of $0.12[307]. - The company has declared a consistent distribution of $0.035 per share across multiple payment dates in fiscal 2023 and 2024[316]. Debt Investments - The weighted average annualized yield on debt investments was approximately 13.10% as of September 30, 2023[226]. - Debt investments had stated interest rates ranging from 9.18% to 17.00% with maturity dates between 0 and 77 months[226]. - The total principal value of income-producing debt investments decreased to approximately $260.2 million as of September 30, 2023, from $272.7 million as of September 30, 2022[270]. - The weighted average yield on debt investments increased to approximately 13.10% as of September 30, 2023, compared to approximately 10.41% as of September 30, 2022[270]. - As of September 30, 2023, the company has approximately $290.4 million in principal debt investments at variable interest rates, with all but three being income-producing[317]. Expenses and Fees - Total expenses for Q3 2023 were approximately $6.6 million, an increase from $5.8 million in Q3 2022, marking a 13.8% rise[273]. - Net investment income incentive fees for Q3 2023 were approximately $1.2 million, with no fees recorded in Q3 2022, indicating a significant increase due to exceeding performance requirements[276][282]. - Interest expense for Q3 2023 was approximately $2.5 million, down from $3.1 million in Q3 2022, reflecting a 19.4% decrease[277]. - The base management fee for Q3 2023 was approximately $1.2 million, down from $1.4 million in Q3 2022, indicating a 14.3% reduction[275]. Realized and Unrealized Gains/Losses - For the three months ended September 30, 2023, the company recognized net realized losses on investments of approximately $13.5 million, primarily due to the sale of multiple CLO equity investments[285]. - For the nine months ended September 30, 2023, the company recognized net realized losses on investments of approximately $16.8 million, reflecting the sale of multiple CLO equity investments and an extinguishment of one CLO equity investment[288]. - The company reported net unrealized appreciation on its investment portfolio of approximately $21.9 million for the nine months ended September 30, 2023[250]. - The net change in unrealized appreciation for the three months ended September 30, 2023, was approximately $13.9 million, consisting of $8.4 million in gross unrealized appreciation and $10.2 million in gross unrealized depreciation[286]. - The net change in unrealized appreciation for the nine months ended September 30, 2023, was approximately $21.9 million, composed of $20.5 million in gross unrealized appreciation and $17.8 million in gross unrealized depreciation[289]. Regulatory and Compliance - The Company operates as a closed-end management investment company and is regulated as a BDC under the Investment Company Act of 1940[223]. - The company is subject to a written policy regarding the allocation of investment opportunities among its related entities, which may affect investment strategies[311]. - The company has implemented policies to avoid conflicts of interest in related party transactions, ensuring compliance with regulatory standards[313]. - The company’s Code of Business Conduct and Ethics requires all employees and directors to disclose any potential conflicts of interest[314]. Interest Rate Sensitivity - Interest rate risk sensitivity indicates that a hypothetical increase of 300 basis points in SOFR could lead to a 15.0% increase in net investment income, while a decrease of 300 basis points could result in a 15.0% decrease[322]. - Changes in interest rates can significantly impact the company's net interest income, which is the difference between interest income earned and interest expense incurred[318]. - The company’s variable rate investments are subject to different re-pricing intervals, with bilateral investments generally resetting annually and non-bilateral investments resetting quarterly[317]. - The company may utilize hedging instruments such as futures, options, and forward contracts to mitigate interest rate fluctuations, although this may limit benefits from lower rates[319]. - The hypothetical calculations regarding interest rate changes are based on a model of the investments held as of September 30, 2023, and are indicative of existing interest rate sensitivity[320].

Oxford Square Capital Corp. (NASDAQ:OXSQ) Q3 2023 Earnings Conference Call November 7, 2023 9:00 AM ET Company Participants Jonathan Cohen - CEO Saul Rosenthal - President Bruce Rubin - CFO Kevin Yonon - Managing Director and Portfolio Manager Conference Call Participants Operator Good morning, ladies and gentlemen. Welcome to the Oxford Square Capital Corp. Third Quarter 2023 Earnings Conference Call. My name is Jo Peter [ph]. I'll be the moderator for today's call. All lines will be muted on a presentatio ...