Financial Data and Key Metrics Changes - For the quarter ended September 30, 2024, the company's net investment income was approximately $6.2 million or $0.10 per share, a decrease from $7.7 million or $0.13 per share in the prior quarter [7] - The net asset value per share decreased to $2.35 from $2.43 in the prior quarter [7] - Total investment income for the third quarter was approximately $10.3 million, down from approximately $11.4 million in the prior quarter [8] - The company recorded combined net unrealized and realized losses on investments of approximately $7.1 million or $0.11 per share, compared to losses of approximately $2.5 million or $0.04 per share in the prior quarter [8] Business Line Data and Key Metrics Changes - The company purchased approximately $47.7 million in investments and received repayments of approximately $27.9 million during the quarter [8] - 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 [9] Market Data and Key Metrics Changes - U.S. loan market performance modestly improved, with U.S. loan prices increasing from 96.54% of par to 96.71% of par [11] - The 12-month trailing default rate for the loan index decreased to 0.8% from 0.9% at the end of June [12] - The distress ratio ended the quarter at 3.43%, down from 4.42% at the end of the second quarter [12] - U.S. Leveraged Loan primary market issuance was $109.8 billion, representing a 45% increase compared to the same quarter in the previous year [13] - U.S. loan fund outflows were approximately $3.5 billion for the quarter [14] Company Strategy and Development Direction - The company focuses on portfolio management strategies designed to maximize long-term total return, leveraging its status as a permanent capital vehicle to take a longer-term view towards investment strategy [14] Management's Comments on Operating Environment and Future Outlook - Management noted that while the loan market showed some improvement, out-of-court restructurings and exchanges remain elevated, indicating ongoing challenges in the market [12] - The company is optimistic about the long-term investment strategy despite short-term fluctuations in the market [14] Other Important Information - The company declared monthly distributions of $0.035 per share for January, February, and March of 2025 [9] - Additional information about the company's third quarter performance is available on its website [15] Q&A Session Summary - No questions were posed during the Q&A session, and the call concluded with closing remarks from management [15][16]

Financial Performance - As of September 30, 2024, the net asset value (NAV) per share was $2.35, down from $2.43 as of June 30, 2024[2] - Net investment income (NII) for the quarter ended September 30, 2024, was approximately $6.2 million, or $0.10 per share, compared to $7.7 million, or $0.13 per share, for the previous quarter[3] - Total investment income for the quarter was approximately $10.3 million, a decrease from approximately $11.4 million in the prior quarter[3] - Total expenses for the quarter were approximately $4.2 million, up from approximately $3.7 million for the quarter ended June 30, 2024[4] - The company recorded a net decrease in net assets resulting from operations of approximately $0.9 million, which included net realized losses of approximately $12.9 million[6] - Net asset value at the end of the period decreased to $2.35 from $2.78 year-over-year, representing a decline of 15.5%[16] - Net investment income for the three months ended September 30, 2024, was $0.10 per share, down from $0.11 in the same period last year[16] - Total distributions for the three months ended September 30, 2024, were $(0.11) per share, compared to $(0.23) per share in the prior year[16] - The total return based on market value for the three months ended September 30, 2024, was (0.25)%, compared to 22.17% in the prior year[16] - Average net assets for the three months ended September 30, 2024, were $154,529,000, down from $160,397,000 in the same period last year[17] Investment Activities - During the third quarter of 2024, the company made investments of approximately $47.7 million and received approximately $27.9 million from sales and repayments of investments[6] - The weighted average yield of debt investments was 14.5% as of September 30, 2024, compared to 13.7% as of June 30, 2024[5] - The portfolio turnover rate for the nine months ended September 30, 2024, was 25.86%, compared to 2.64% in the prior year[16] - The company is focused on investing in syndicated bank loans and collateralized loan obligation (CLO) vehicles[18] Shareholder Information - As of September 30, 2024, the company had approximately 67.9 million shares of common stock outstanding after issuing approximately 5.1 million shares[9] - Shares outstanding at the end of the period increased to 67,869,056 from 57,958,446 year-over-year[16] - The company declared distributions of $0.035 per share for the months ending January 31, February 28, and March 31, 2025[2] Risk Factors - Forward-looking statements indicate potential risks and uncertainties that could affect future performance[19] Expense Management - The ratio of expenses to average net assets improved to 10.71% for the three months ended September 30, 2024, from 12.47% in the same period last year[17]

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 ...