Company: NXDT
Filing Date: 2025-06-12
Form Type: S-4
Source: 0001437749-25-020201
Chunk: 321

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-06-12
Form: S-4
Chunk 321
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 Diversified Real Estate Trust, effective July 1, 2022 (incorporated by reference to Exhibit 3.3 to Old NXDT’s Current Report on Form 8-K filed with the SEC on July 1, 2022). |
| 3.4     |     | Declaration of Trust of NexPoint Diversified Real Estate Trust, dated July 1, 2022 (incorporated by reference to Exhibit 3.2 to Old NXDT’s Current Report on Form 8-K filed with the SEC on July 1, 2022).              |
| 3.5     |     | Bylaws of NexPoint Diversified Real Estate Trust, dated July 1, 2022 (incorporated by reference to Exhibit 3.3 to Old NXDT’s Current Report on Form 8-K filed with the SEC on July 1, 2022).                            |
| 4.1     |     | Statement of Preferences of 5.50% Series A Cumulative Preferred Shares (incorporated by reference to Exhibit 4.1 of Old NXDT’s Annual Report on Form 10-K filed with the SEC on March 31, 2023).                        |
| 4.2     |     | Statement of Preferences of 9.00% Series B Cumulative Redeemable Preferred Shares (incorporated by reference to Exhibit 3.1 to Old NXDT’s Current Report on Form 8-K filed with the SEC on January 30, 2025).           |
| 5.1*    |     | Opinion of Ballard Spahr LLP.                                                                                                                                                                                           |
| 23.1*   |     | Consent of KPMG LLP.                                                                                                                                                                                                    |
| 23.2*   |     | Consent of Ballard Spahr LLP (included in Exhibit 5.1 hereto).                                                                                                                                                          |
| 24.1*   |     | Powers of Attorney (included as part of signature page hereto).                                                                                                                                                         |
| 107*    |     | Calculation of Filing Fees Tables.                                                                                                                                                                                      |

* Filed herewith.

Item 22. Undertakings.

The undersigned registrant hereby undertakes:

| (1) | To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement: |

| (i) | To include any prospectus required by Section 10(a)(3) of the Securities Act. |

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