$OXSQ·8-K

Oxford Square Capital Corp. · May 5, 9:44 PM ET

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Oxford Square Capital Corp. 8-K

Research Summary

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Oxford Square Capital Amends Equity Distribution Agreement for ATM Sales

What Happened

  • Oxford Square Capital Corp. (OXSQ) filed an 8-K (dated May 6, 2026) reporting Amendment No. 1 to its Amended and Restated Equity Distribution Agreement. The Amendment, dated May 5, 2026, updates the agreement among the Company, Oxford Square Management, LLC, Oxford Funds, LLC and sales agents Lucid Capital Markets, LLC and Ladenburg Thalmann & Co. Inc.
  • The Amendment allows the Company to continue selling shares of its common stock through the existing at‑the‑market (ATM) program under the Company’s effective Form N-2 shelf registration (Registration No. 333-290511). A prospectus supplement dated May 5, 2026 accompanies the offering, and Dechert LLP delivered a legal opinion on May 5, 2026 regarding the shares to be sold.

Key Details

  • Amendment No. 1 executed: May 5, 2026; 8-K filed: May 6, 2026.
  • Offering made under Form N-2 shelf Registration No. 333-290511 and prospectus supplement dated May 5, 2026.
  • Sales agents named: Lucid Capital Markets, LLC and Ladenburg Thalmann & Co. Inc.
  • Legal opinion from Dechert LLP regarding the shares is attached as Exhibit 5.1 to the filing.

Why It Matters

  • This amendment preserves Oxford Square’s ability to raise capital by selling common stock into the market under its existing shelf registration, giving the company flexibility to access funds when needed.
  • Such ATM sales can dilute existing shareholders if shares are issued, so investors should monitor future issuance activity, prospectus supplements, and any disclosed use of proceeds. The filing did not state any specific amount, timetable, or guarantee of sales — it documents the contractual framework that enables potential future sales.

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