Filing by Certain Investment Companies of Rule 482 Advertising in Accordance With Rule 497 and the Note to Rule 482(e) (497ad)
March 10 2014 - 4:08PM
Edgar (US Regulatory)
Filed pursuant to Rule 497(a)(1)
File No. 333-189805
Rule 482 AD
Oxford Lane Capital Corp. Commences Public Offering of Common
Stock
Greenwich, CT – 3/10/2014 – Oxford Lane Capital
Corp. (the “Company”) (NasdaqGS: OXLC, OXLCP and OXLCO) today announced that it has commenced an underwritten public
offering of 2,350,000 shares of its common stock. In connection with the proposed offering, the Company plans to grant the underwriters
a 30-day option to purchase up to an additional 352,500 shares of common stock.
Deutsche Bank Securities and Ladenburg Thalmann & Co. Inc. are acting as the joint bookrunning managers for the
offering.
The Company plans to use the net proceeds of this offering for
acquiring investments and for general working capital purposes, which may include the payment of operating expenses, including
advisory and administrative fees and expenses.
This press release does not constitute an offer to sell or
the solicitation of an offer to buy the securities in this offering or any other securities nor will there be any sale of these
securities or any other securities referred to in this press release in any state or jurisdiction in which such offer, solicitation
or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.
The shares will be offered and sold pursuant to the Company’s
shelf registration statement relating to such securities on file with and declared effective by the Securities and Exchange Commission.
The offering of the shares may be made only by means of a prospectus and a related prospectus supplement, copies of which may
be obtained, when available, from Deutsche Bank Securities Inc., Attn: Prospectus Group, 60 Wall Street, New York, New York 10005-2836,
or by emailing
prospectus.cpdg@db.com
(telephone number 1-800-503-4611); and Ladenburg Thalmann & Co. Inc., Attn: Syndicate
Department, 58 South Service Road, Suite 160, Melville, NY 11747, or by emailing
syndicate@ladenburg.com
(telephone number
1-800-573-2541). Investors are advised to carefully consider the investment objectives, risks and charges and expenses of the
Company before investing. The preliminary prospectus supplement, dated March 10, 2014, and accompanying prospectus, dated August
22, 2013, each of which has been filed with the Securities and Exchange Commission,
contain a description of these
matters and other important information about the Company and should be read carefully before investing.
About Oxford Lane Capital Corp.
Oxford Lane Capital Corp. is a publicly-traded registered closed-end
management investment company. It currently seeks to achieve its investment objective of maximizing total return by investing in
securitization vehicles which, in turn, primarily invest in senior secured loans made to companies whose debt is unrated or is
rated below investment grade.
Forward-Looking Statements
This press release contains forward-looking statements subject
to the inherent uncertainties in predicting future results and conditions, including statements with regard to the anticipated
use of the net proceeds of the Company’s securities offering. Any statements that are not statements of historical fact (including
statements containing the words “believes,” “intends,” “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, unless required to do so by law.
Contact:
Dan Kashdin
203-661-2916
Oxford Lane Capital (NASDAQ:OXLC)
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