Recent news highlights include earnings call transcripts, quarterly earnings reports, a $65 million offering of 7.75% notes, and commentary on income declines and stock price movements.

• Oxford Square held an earnings call in March 2026 discussing recent financial results and portfolio performance [N2].
• The company reported a 17% decline in Q2 income as of August 2025 [N3].
• In August 2025, Oxford Square priced a $65 million offering of 7.75% unsecured notes due 2030 [N4].
• In May 2025, the stock lost 7.5% over four weeks with analysis suggesting a potential trend reversal [N5].
• Quarterly earnings results were reported in April 2025, with detailed financial disclosures [N6][N7].
• The company hosted a conference call for Q1 2025 earnings in April 2025 [N8].
• An ex-dividend date was noted in December 2024 for Oxford Square among other stocks [N1].

Oxford Square Capital Corp. benefits from a diversified portfolio of corporate debt and CLO investments across various industries, managed by an experienced investment adviser with strong sourcing and credit analysis capabilities. The company's use of leverage and access to capital markets through unsecured notes and ATM equity offerings provide flexibility to pursue investment opportunities. Its focus on middle-market companies with financial sponsors and cash flow positivity supports portfolio quality. The company's managerial assistance to portfolio companies may enhance investment outcomes. Recent capital raises and note offerings demonstrate access to funding sources.

The company faces risks related to its leveraged investment strategy, which magnifies potential losses. Its portfolio includes below investment grade and unrated debt securities, which carry higher credit risk and potential for default or non-accrual status. Market weakness in corporate loans and CLO equity markets, as observed in 2025, may impact portfolio valuations and income. The company's net loss in 2025 and declining net asset value per share indicate financial pressures. Dependence on the investment adviser and potential challenges in replacing it could disrupt operations. Regulatory and market risks inherent to BDCs and RICs also apply.

Oxford Square Capital Corp.'s competitive advantages include its expertise in credit analysis and monitoring investments, an established transaction sourcing network through Oxford Square Management's senior professionals, and a disciplined investment process focused on middle-market companies with experienced management and financial backing. The company's ability to provide significant managerial assistance to portfolio companies and its diversified portfolio across multiple industries and investment structures contribute to its competitive positioning. Additionally, its status as a regulated BDC and RIC provides a regulatory framework that supports its investment strategy and tax efficiency.

• Leverage Risk: Use of leverage through unsecured notes increases the potential for amplified losses and financial risk.
• Credit Risk: Investments primarily in below investment grade and unrated debt securities expose the company to higher default and non-accrual risk.
• Market Risk: Weakness in corporate loan and CLO markets can negatively affect portfolio valuations and income.
• Operational Risk: Dependence on Oxford Square Management for investment decisions and operations creates risk if the adviser resigns or is replaced.
• Regulatory Risk: As a BDC and RIC, the company is subject to regulatory requirements that may limit investment flexibility and impose compliance costs.

• Oxford Square Capital Corp. (OXSQ) is a closed-end, non-diversified management investment company regulated as a business development company (BDC) under the Investment Company Act of 1940 and elects to be treated as a regulated investment company (RIC) for U.S. federal income tax purposes [S1].
• The company's investment objective is to maximize total portfolio return by primarily investing in corporate debt securities and, to a lesser extent, collateralized loan obligation (CLO) structured finance investments owning corporate debt securities [S1].
• Oxford Square invests generally between $5 million and $25 million per portfolio investment, diversified across many investments with few exceeding 5% of the total portfolio [S1].
• The portfolio includes senior secured loans, CLO equity and debt tranches, senior subordinated and junior subordinated debt, warrants, and other equity instruments [S1].
• The company focuses on middle-market companies that are generally cash flow positive, have been operating for at least one year, and often have financial backing from private equity or strategic sponsors [S1].
• Oxford Square Management, LLC is the registered investment adviser managing the company's day-to-day operations and investment decisions, owned by Oxford Funds, LLC and key executives [S1].
• The company has issued multiple unsecured notes: 5.50% notes due 2028, 7.75% notes due 2030, and previously 6.25% notes due 2026 which were redeemed in 2025 [S1].
• Oxford Square uses leverage through borrowings to enhance returns, which increases investment risk [S1].
• The company raised approximately $34.8 million net through an At-the-Market (ATM) offering of common stock during 2025 [S1].
• As of December 31, 2025, total assets were approximately $314.7 million, with net assets of about $159.0 million and total liabilities of about $155.8 million [S2].
• Cash and cash equivalents were approximately $51.9 million as of December 31, 2025 [S2].
• Net income for the fiscal year ended December 31, 2025 was a loss of approximately $18.7 million, with basic and diluted EPS of $0.30 [S2].
• The company’s portfolio is diversified across industries including Business Services, Food and Beverage, Healthcare, Industrials, Materials, Software, Telecommunication Services, Structured Finance, and IT Consulting [S1].
• The company’s ten largest portfolio investments include CLO vehicles and senior secured notes in companies such as Verifone, Inc. and others, representing significant portions of the portfolio [S1].
• Oxford Square provides significant managerial assistance to portfolio companies, including monitoring operations, participating in board meetings, and providing financial and organizational guidance [S1].
• The company’s investment advisory agreement includes a base advisory fee of 2.00% of gross assets and incentive fees based on net investment income and capital gains [S1].
• The company’s recent news includes earnings call transcripts, quarterly earnings reports, a $65 million offering of 7.75% notes, and commentary on income declines and stock price movements [N2][N3][N4][N5][N6][N7][N8][N1].
• The company filed its latest 10-K for the fiscal year ended December 31, 2025 on March 6, 2026 [S1].