Oxford Square Capital Corp. filed a Form 8-K on October 28, 2026, announcing the adoption of its Fifth Amended and Restated Bylaws. The filing details changes to Section 11, which establishes new requirements for stockholders wishing to propose business at annual meetings. Under the amended section, stockholders must individually or collectively hold shares with a market value of at least $1,000,000 or represent at least 3% of the voting shares for a continuous period of six months prior to the meeting. Additionally, these shares must be held continuously from the date of the notice of the proposed business through the meeting date, including any adjournments.
The filing also includes a press release dated October 30, 2026, which outlines the company’s financial results for the third quarter ended September 30, 2026. Net asset value (NAV) per share as of September 30, 2026, was reported at $1.21, a decrease from $1.29 as of June 30, 2026. Net investment income for the quarter was approximately $4.9 million, or $0.04 per share, compared to $5.1 million, or $0.05 per share, in the prior quarter. Total expenses for the quarter were approximately $5.0 million, compared to $4.3 million in the prior quarter.
The company reported investment income of approximately $9.9 million for the quarter, with $5.6 million derived from debt investments, $3.6 million from CLO equity investments, and $0.6 million from other income. During the quarter, the company made purchases of approximately $20.8 million and repayments of approximately $10.3 million, with no sales recorded. As of September 30, 2026, the company had approximately 120.0 million shares of common stock outstanding.
In other business, the company declared distributions on its common stock for the months ending January 31, February 28, and March 31, 2027. Each distribution is set at $0.015 per share, with payment dates scheduled for January 29, February 26, and March 31, 2027, respectively.
