Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 66

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 66
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 you will be deemed to have elected to receive the Share Consideration, and will receive your Share Consideration after closing of the Transaction.

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Unless otherwise specified in the Letter of Transmittal, either (i) a cheque representing the aggregate Cash Consideration; or (ii) in the case of a Unitholder that elects or is deemed to elect the Share Consideration, the NXDT Common Shares, payable under the Reorganization to the former Registered Holder who has complied with the procedures set forth above and in the Letter of Transmittal and Election will, as soon as practicable after Closing and after the receipt of all required documents: (i) be forwarded to the former holder at the address specified in the Letter of Transmittal and Election by first class mail; or (ii) be made available at the offices of the Depositary for pick-up by the holder, as requested by the holder in the Letter of Transmittal and Election. If no address is provided on the Letter of Transmittal, cheques (and for Unitholders that elect or are deemed to elect the Share Consideration, NXDT Common Shares) will be forwarded to the address of the holder as shown on the register maintained by the Transfer Agent. Under no circumstances will interest accrue or be paid by the Company, NXDT or the Depositary on the Reorganization Consideration for the Units to Persons depositing such units with the Depositary, regardless of any delay in making any payment for the Units. The Depositary will act as the agent of Persons who have deposited Units pursuant to the Reorganization for the purpose of receiving and transmitting the Reorganization Consideration to such Persons, and receipt of the Reorganization Consideration by the Depositary will be deemed to constitute receipt of payment by Persons depositing Units.

The method of delivery of certificates representing Units and all other required documents is at the option and risk of the Unitholder depositing their Units. Any use of mail to transmit certificate(s) representing Units and the Letter of Transmittal and Election is at each Unitholder’s risk and documents so mailed shall be deemed to have been received by the REIT upon actual receipt by the Depositary. The REIT recommends that such certificate(s) and other documents be delivered by hand to the Depositary and a receipt therefore be obtained or that registered mail be used (with proper acknowledgment) and appropriate insurance be obtained.

Lost Certificates

In the event any certificate which immediately prior to the Reorganization