Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 35

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 35
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 plan of reorganization, which was approved by the United States Bankruptcy Court for the Northern District of Texas in February 2021 and subsequently became effective on August 11, 2021. As part of its plan of reorganization, HCMLP appointed a litigation trustee, whose sole purpose was to investigate, prosecute, settle, or otherwise resolve claims of HCMLP’s estate.

Mr. Labatte, on the date outlined below, was a director and/or officer of Talon International Inc. and several affiliated entities, including Talon International Development Inc., TFB Inc., 2263847 Ontario Limited and 2270039 Ontario Limited. On November 1, 2016, such corporations became parties to a receivership order from the Ontario Superior Court of Justice (Commercial List) appointing a court-appointed receiver of certain assets of such entities used in relation to the Trump International Hotel & Tower in Toronto, Ontario. The sale of such assets to various third parties was facilitated through the receivership process.

Personal Bankruptcies

No nominee proposed for election has, within the 10 years prior to the date of this Information Circular, become bankrupt or made a proposal under any legislation relating to bankruptcy or insolvency, or been subject to or instituted any proceedings, arrangement or compromise with creditors, or had a receiver, receiver manager or trustee appointed to hold the assets of the nominee.

Penalties or Sanctions

No nominee proposed for election has been subject to any penalties or sanctions imposed by a court relating to securities legislation or by a securities regulatory authority or has entered into a settlement agreement with a Canadian securities regulatory authority or been subject to any other penalties or sanctions imposed by a court or regulatory body that would likely be considered important to a reasonable investor making an investment decision.

Unless otherwise instructed, the persons named in the enclosed Form of Proxy intend to vote such Form of ProxyFORthe election, as Trustees, of the proposed nominees set out above.

| 3. | Appointment of Auditors |

Effective January 12, 2024, MNP LLP was appointed auditor of NHT following the resignation of Frazier & Deeter, LLC. The resignation of Frazier & Deeter, LLC and the subsequent appointment of MNP LLP in its place were considered and approved by NHT’s Board and audit committee (the “Audit Committee”).

Attached to this Information Circular as Appendix F is a copy of the reporting package, as defined in National Instrument 51-102 – Continuous Disclosure Obligations(“NI 51-102”), that was