Jan. 15 at 10:17 AM
$OXSQ offer and sell up to
$300 million worth of various securities over time, in one or more offerings, without needing to file a completely new registration
Positive: More capital could grow the portfolio and support the high ~23% monthly yield (if sustainable).
• Negative: Potential dilution if they issue new common shares (especially below NAV), which could pressure the price or spread earnings thinner. BDCs like this often use shelf filings for ATM sales, which they’ve done before.