- Management’s unaudited estimate of the range of our NAV per share of our common stock as of
August 31, 2020 is between$3.71 and$3.81 . This estimate is not a comprehensive statement of our financial condition or results for the month endedAugust 31, 2020 . This estimate did not undergo the Company’s typical quarter-end financial closing procedures and was not approved by the Company’s board of directors. We advise you that our NAV per share for the quarter endedSeptember 30, 2020 may differ materially from this estimate, which is given only as ofAugust 31, 2020 .
- As of
August 31, 2020 , the Company had approximately 86.9 million shares of common stock issued and outstanding.
We believe that the COVID-19 pandemic represents an extraordinary circumstance that materially impacts the fair value of and prospective cash flows from the Company’s investments. As a result, the fair value of the Company’s portfolio investments may be materially impacted after
The preliminary financial data included in this press release has been prepared by, and is the responsibility of,
About Oxford Lane Capital Corp.
Forward-Looking Statements
This press release contains forward-looking statements subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “anticipates,” “expects,” “estimates” and similar expressions) should also be considered to be forward-looking statements. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties, including the impact of COVID-19 and related changes in base interest rates and significant market volatility on our business, our portfolio companies, our industry and the global economy. 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
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203-983-5280
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2020 GlobeNewswire, Inc., source