TICC Capital Corp. Changes Name to Oxford Square Capital Corp.
March 20 2018 - 8:00AM
TICC Capital Corp. (the “Company”) (NASDAQ:TICC) announced today
that it has changed its name to Oxford Square Capital Corp.
The company remains a closed-end, non-diversified management
investment company that has elected to be regulated as a business
development company under the Investment Company Act of 1940, as
amended. We have made this change in order to more closely
align the branding and identity of the Company with its affiliated
funds and with the investment platform operated by the affiliates
of the Company’s investment adviser, which currently manage the
portfolios of Oxford Lane Capital Corp. (NASDAQ:OXLC), a registered
closed-end fund investing in debt and equity of collateralized loan
obligation (“CLO”) vehicles, and Oxford Bridge, LLC, a private
investment fund investing in CLO debt and equity.
The Company’s shares of outstanding common stock and outstanding
notes are expected to trade under the new NASDAQ ticker symbols
“OXSQ” and “OXSQL”, respectively, on or about March 23, 2018.
About Oxford Square Capital Corp.
Oxford Square Capital Corp. is a publicly-traded business
development company principally investing in syndicated bank loans
and debt and equity tranches of CLO vehicles. CLO investments may
also include warehouse facilities, which are financing structures
intended to aggregate loans that may be used to form the basis of a
CLO vehicle.
Forward-Looking Statements
This press release contains forward-looking statements subject
to the inherent uncertainties in predicting future results and
conditions. Any statements that are not statements of historical
fact (including statements containing the words “believes,”
“plans,” “anticipates,” “expects,” “estimates” and similar
expressions) should also be considered to be forward-looking
statements. Certain factors could cause actual results and
conditions to differ materially from those projected in these
forward-looking statements. These factors are identified from time
to time in our filings with the Securities and Exchange Commission.
We undertake no obligation to update such statements to reflect
subsequent events, except as may be required by law.
Contact:Bruce Rubin203-983-5280
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