SEC Company Response from Oxford Square Capital (OXSQ) — Nov 14, 2025
Oxford Square Capital Corp.
Date: Nov. 14, 2025 · CIK: 0001259429 · Accession: 0001213900-25-110843
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 814-00638
Letter
1900 K Street, NW Washington, DC 20006-1110 +1 202 261 3300 Main +1 202 261 3333 Fax www.dechert.com
HARRY S. PANGAS
harry.pangas@dechert.com +1 202 261 3466 Direct +1 202 261 3333 Fax
November 14, 2025
VIA EDGAR
Division of Investment Management
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549
Attn: Megan Miller
Re: Oxford Square Capital Corp. (File No. 814-00638)
Ladies and Gentlemen:
On behalf of Oxford Square Capital Corp. (the " Company "), this letter responds to the comments provided telephonically by the staff (the " Staff ") of the U.S. Securities and Exchange Commission (" SEC ") to Dechert LLP, counsel to the Company, on May 27, 2025 with respect to the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (File No. 814-00638), filed with the SEC on March 5, 2025 (the " Form 10-K "). For your convenience, the Staff's comments are summarized in this letter, and each comment is followed by the responses of the Company.
1. Comment: The Staff notes that the Company discloses "cash and cash equivalents" on its Statements of Assets and Liabilities in the Form 10-K. Regulation S-X 6-04.4 requires disclosure of cash on the Statements of Assets and Liabilities, which should include cash and demand deposits. Please disclose investments in securities of unaffiliated issuers on a separate line item in future SEC filings. See Regulation S-X 6-04.1.
Response: The Company acknowledges the Staff's comment and advises the Staff that it has updated the Statements of Assets and Liabilities in the Form 10-Q for the quarter ended September 30, 2025 to comply with the presentation required by Regulation S-X 6-04 and will continue to do so in future SEC filings.
November 14, 2025 Page 2
2. Comment: The Staff notes that the Company appears to be using incorrect tags in its XBRL tagging process. Please review and correct the XBRL submission and structure in future SEC filings. For example, instead of using an incorrect tag such as "US-GAAP: Assets Net," the appropriate standard tag, "US-GAAP: Stockholders Equity," should be utilized. Additionally, "US-GAAP: Gains Losses on Extinguishment of Debt" should be utilized instead of the tag "Extinguishment of Debt: US-GAAP: Realized Investments Gains Losses."
Response: The Company acknowledges the Staff's comment and undertakes to review and confirm the XBRL submission and structure in future SEC filings.
* * *
Should you have any questions or comments, please contact the undersigned at 202.261.3466.
Sincerely,
Harry S. Pangas
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CORRESP
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filename1.htm
1900 K Street, NW Washington, DC 20006-1110
+1 202 261 3300 Main
+1 202 261 3333 Fax
www.dechert.com
HARRY S. PANGAS
harry.pangas@dechert.com
+1 202 261 3466 Direct
+1 202 261 3333 Fax
November 14, 2025
VIA EDGAR
Division of Investment Management
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549
Attn: Megan Miller
Re: Oxford Square Capital Corp. (File No. 814-00638)
Ladies and Gentlemen:
On behalf of Oxford Square Capital Corp. (the
" Company "), this letter responds to the comments provided telephonically by the staff (the " Staff ")
of the U.S. Securities and Exchange Commission (" SEC ") to Dechert LLP, counsel to the Company, on May 27, 2025
with respect to the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (File No. 814-00638), filed
with the SEC on March 5, 2025 (the " Form 10-K "). For your convenience, the Staff's comments are summarized
in this letter, and each comment is followed by the responses of the Company.
1. Comment: The Staff notes that the Company discloses "cash and cash equivalents" on
its Statements of Assets and Liabilities in the Form 10-K. Regulation S-X 6-04.4 requires disclosure of cash on the Statements of Assets
and Liabilities, which should include cash and demand deposits. Please disclose investments in securities of unaffiliated issuers on a
separate line item in future SEC filings. See Regulation S-X 6-04.1.
Response: The Company acknowledges
the Staff's comment and advises the Staff that it has updated the Statements of Assets and Liabilities in the Form 10-Q for the
quarter ended September 30, 2025 to comply with the presentation required by Regulation S-X 6-04 and will continue to do so in future
SEC filings.
November 14, 2025
Page 2
2. Comment: The Staff notes that the Company appears to be using incorrect tags in its XBRL tagging
process. Please review and correct the XBRL submission and structure in future SEC filings. For example, instead of using an incorrect
tag such as "US-GAAP: Assets Net," the appropriate standard tag, "US-GAAP: Stockholders Equity," should be utilized.
Additionally, "US-GAAP: Gains Losses on Extinguishment of Debt" should be utilized instead of the tag "Extinguishment
of Debt: US-GAAP: Realized Investments Gains Losses."
Response: The Company acknowledges
the Staff's comment and undertakes to review and confirm the XBRL submission and structure in future SEC filings.
* * *
Should you have any questions or comments, please
contact the undersigned at 202.261.3466.
Sincerely,
Harry S. Pangas