Oxalic Acid is one of the treatments that depends for its effectiveness on there being no sealed brood.
Treating a swarm before they have brood would be an effective treatment.
However, it may well 'unsettle' the swarm at a time when you are hoping they will put down roots rather than abscond.
A swarm shouldn't have much varroa - unless the parent colony had a major problem with the things.
Its not something I do - not least because I don't have any oxalic syrup around at this time of year. (It has a very short 'shelf life'.) If I were an enthusiast for vaporisation, I might be using the kit whenever an opportunity was presented!
As it is, I might give them an icing sugar dusting after a couple of days - when I'd be starting giving syrup. (But I usually forget …)
*Note that icing sugar (just like oxalic) is pretty INEFFECTIVE against varroa -
IF there is sealed brood in the colony (which is almost all the time). But you
can get rid of some 'phoretic' (riding-on-adult-bee) mites with sugar and a mesh floor, and because the only mites in a swarm are phoretic, its a reasonable time to use the sugar. Doubtless Oxalic would be more effective, and kill rather than merely dislodge the things, but its much more trouble for you and the bees.