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Oxford Square Capital Corp. - OXSQ STOCK NEWS

Welcome to our dedicated page for Oxford Square Capital news (Ticker: OXSQ), a resource for investors and traders seeking the latest updates and insights on Oxford Square Capital stock.

Oxford Square Capital Corp. (NasdaqGS: OXSQ) is a closed-end, non-diversified management investment company with a strategic focus on achieving an attractive risk-adjusted total return. The company primarily invests in corporate debt securities and collateralized loan obligation (CLO) structured finance investments that own corporate debt securities. The capital provided by Oxford Square is typically utilized by its corporate borrowers for financing organic growth, acquisitions, recapitalizations, and working capital needs.

With a diversified portfolio, Oxford Square invests across various industries including Structured Finance, IT Consulting, Business Services, Utilities, Software, Healthcare, Telecommunication Services, Plastics Manufacturing, and Diversified Insurance. This breadth of investment highlights the company’s broad expertise and adaptability in the financial landscape.

Recently, the company announced a conference call to discuss its first quarter 2024 earnings, scheduled for May 2, 2024, at 9:00 AM Eastern Time. Investors and stakeholders can dial in using the toll-free number 1-800-445-7795 with the verbal access code 'OXFORD'. A recording of the call will be available for 30 days post-conference by dialing 1-877-693-4280 with the replay passcode 'OXFORD'.

In its operations, Oxford Square Capital Corp. is primarily engaged in investing in syndicated bank loans and various tranches of CLO vehicles, including debt and equity. The company also involves itself in warehouse facilities that serve as financing structures aimed at aggregating loans, which may subsequently form the basis of a CLO vehicle. This diversified investment approach allows for the mitigation of risks and optimization of returns.

Contact Information:
Bruce Rubin
Phone: 203-983-5280

Rhea-AI Summary

Oxford Square Capital Corp. announced its financial results for Q1 2024, including a NAV per share of $2.42, NII of $6.5 million, total investment income of $10.7 million, and expenses of $4.1 million. The company issued common stock, resulting in net proceeds of $923,000. As of March 31, 2024, the company had 6 debt investments on non-accrual status. The company will hold a conference call on May 2nd to discuss results.

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Rhea-AI Summary

Oxford Square Capital Corp. has scheduled a conference call to discuss its first quarter 2024 earnings on May 2, 2024. Shareholders and interested parties can join the call to gain insights into the company's financial performance.

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FAQ

What does Oxford Square Capital Corp. do?

Oxford Square Capital Corp. is an investment company that focuses on corporate debt securities and CLO structured finance investments.

What industries does Oxford Square Capital Corp. invest in?

The company invests in industries such as Structured Finance, IT Consulting, Business Services, Utilities, Software, Healthcare, Telecommunication Services, Plastics Manufacturing, and Diversified Insurance.

When is Oxford Square Capital Corp.'s next earnings call?

The next earnings call is scheduled for May 2, 2024, at 9:00 AM Eastern Time.

What is the dial-in number for the upcoming earnings call?

The toll-free dial-in number is 1-800-445-7795, and the verbal access code is 'OXFORD'.

How can I access the recording of the earnings call?

You can access the recording by dialing 1-877-693-4280 with the replay passcode 'OXFORD'. The recording will be available for 30 days post-conference.

Who can I contact for more information about Oxford Square Capital Corp.?

For more information, you can contact Bruce Rubin at 203-983-5280.

What types of investments are included in Oxford Square Capital Corp.'s portfolio?

The portfolio includes syndicated bank loans, CLO debt and equity tranches, and warehouse facilities intended for aggregating loans.

What is the primary goal of Oxford Square Capital Corp.?

The primary goal is to seek an attractive risk-adjusted total return through its investments in corporate debt securities and CLOs.

Is Oxford Square Capital Corp. publicly traded?

Yes, Oxford Square Capital Corp. is publicly traded on Nasdaq under the symbol OXSQ.

How does Oxford Square Capital Corp.'s capital benefit its borrowers?

The capital is used by borrowers to finance organic growth, acquisitions, recapitalizations, and working capital requirements.

Oxford Square Capital Corp.

Nasdaq:OXSQ

OXSQ Rankings

OXSQ Stock Data

189.37M
62.71M
10.94%
5.94%
0.58%
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