08:37 AM EDT, 06/07/2024 (MT Newswires) -- Oxford Lane Capital ( OXLC ) said Friday its management's unaudited estimated net asset value per share of its common stock is between $5.02 and $5.12 as of May 31.

The company said the estimate was not approved by its board.

The company added it had 266.3 million shares of its common stock issued and outstanding as of May 31 as well.

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