Company: NXDT
Filing Date: 2025-04-11
Form Type: S-4
Source: 0001437749-25-011826
Chunk: 235

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-04-11
Form: S-4
Chunk 235
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 (the “”), into a Maryland corporation (the “”) to be named NexPoint Diversified Real Estate Trust, Inc. (the “”) pursuant to the provisions of Title 3, Subtitle 9 of the Maryland General Corporation Law (the “”).

1. Plan of Conversion.

(a) At the Effective Time:

(i) the Trust shall be converted into the Corporation, the Trust shall cease to exist as a Delaware statutory trust and shall continue to exist as a Maryland corporation, the Corporation shall be a continuation of the existence of the Trust in the form of a Maryland corporation and the Corporation shall be deemed to be the same entity as the Trust;

(ii) In accordance with Rule 12g-3(a) under the Securities Exchange Act of 1934, as amended (the “”), the Corporation shall be the successor registrant to the Trust and thereby subject to the informational requirements of the Exchange Act and the rules and regulations promulgated thereunder;

(ii) all the assets of the Trust, including any legacies that it would have been capable of taking, shall vest in and devolve on the Corporation without further act or deed and shall be the property of the Corporation, and the title to any real property vested by deed or otherwise in the Trust shall not revert or be in any way impaired by reason of the Conversion;

(iii) all liabilities and obligations of the Trust shall continue to be liabilities and obligations of the Corporation without impairment or diminution by reason of the Conversion; and

(iv) any existing claim, action or proceeding pending by or against the Trust may be prosecuted to judgment as if the Conversion had not taken place, or, on motion of the other entity or any other party, the Corporation may be substituted as a party and a judgment against the Trust constitutes a lien on the property of the Corporation.

(b) Confirmatory deeds, assignments or similar instruments to evidence the Conversion may be executed and delivered at any time, before or after the Effective Time, in the name and on behalf of the Trust by its last acting officers or by the appropriate officers of the Corporation. The Conversion of the Trust to the Corporation shall not affect, invalidate, terminate, suspend or nullify any licenses, permits or registrations granted to the Trust before the Conversion. The Conversion shall have the effects on the Trust and the Corporation provided for in Section 3-904(c) of the MGCL and in this Plan.

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(c) The Conversion shall become effective at the time (the “”)