Material Event (Form 8-K)

Item 8.01 Other Events.

On May 14, 2025, Oxford Square Capital Corp. (the "Company") notified U.S. Bank Trust Company, National Association, the trustee (the "Trustee") for the Company's 6.25% Notes due 2026 (CUSIP No. 69181V 305; NasdaqGS: OXSQZ) (the "Notes"), of the Company's election to redeem $10,000,000 in aggregate principal amount of the Notes outstanding, and instructed the Trustee to provide notice of such redemption to the holders of the Notes in accordance with the terms of the indenture governing the Notes.

The Company expects to redeem $10,000,000 of the $44.8 million Notes issued and outstanding on June 13, 2025 (the "Redemption Date"). The redemption price per Note will be $25 plus accrued and unpaid interest thereon from April 30, 2025 to, but not including, the Redemption Date.

The Notes should be presented and surrendered by mail, hand or overnight mail at U.S. Bank Corporate Trust Services, 111 Fillmore Avenue E., St. Paul, MN 55107, Attention: Oxford Square Capital Corp. (Glen Fougere) (6.25% Notes Due 2026). This Current Report on Form 8-K does not constitute a notice of redemption of the Notes.