Core Viewpoint - Oxford Lane Capital Corp. has announced a public offering of 2,400,000 shares of its newly designated 8.25% Series 2031 Term Preferred Shares, raising $60 million in gross proceeds [1] Group 1: Offering Details - The public offering price is set at $25 per share, with an additional 30-day option for underwriters to purchase up to 360,000 additional shares [1] - The transaction is subject to customary closing conditions, with shares expected to be delivered on March 20, 2026 [1] - The Company has applied to list the Preferred Stock on the NASDAQ Global Select Market, with trading expected to commence within 30 days after the delivery date [1] Group 2: Use of Proceeds - The net proceeds from the offering are expected to be used to repay outstanding indebtedness, which may include existing preferred stock or unsecured notes, and/or for general working capital purposes [2] Group 3: Management and Underwriters - Lucid Capital Markets, LLC and Piper Sandler & Co. are acting as joint book-running managers for the offering, while Clear Street LLC, InspereX LLC, and William Blair & Company, L.L.C. are acting as lead managers [2]