Oxford Lane Capital Implements Reverse Stock Split Amid Challenges

Oxford Lane Capital Corp. (OXLC) is executing a significant corporate action today, Monday, September 8th, consolidating its shares on a 1-for-5 basis. This reverse stock split will convert every five shares of the closed-end fund into a single share. While management positions this move as a strategic effort to stabilize the share price, it raises questions among investors about whether this signals deeper underlying issues within the CLO-focused investment fund.

The decision to implement a reverse split follows a series of disappointing financial developments for Oxford Lane Capital. The fund’s first quarter 2025 results fell short of earnings expectations, compounding existing concerns about its performance.

More critically, the net asset value per share?a crucial metric for closed-end funds?has Read more...