Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 41

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 41
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068,519 | 3.63%                              |
| NexPoint Real Estate Advisors, L.P.     |                        90,378 | 0.31%                              |

Notes:

(1) The percentages shown are based on 29,352,055 Units outstanding as of the date hereof.

(2) Each of the Unitholders listed above is directly or indirectly controlled by, or acting jointly and in concert with, James Dondero.

The Board has unanimously approved the Amendments to the COVID Loans (with Mr. Dondero declaring his interest in the Amendments and abstaining from voting) and recommends that the Unitholders voteFORthe Amended COVID Loans Resolution. Unless otherwise instructed, the persons named in the enclosed Form of Proxy intend to vote such Form of ProxyFORthe Amended COVID Loans Resolution.

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| (i) | Trading Price and Volume |

The Units are listed on the TSXV under the symbol “NHT.U”. The following table sets out the monthly reported high and low trading prices and trading volumes of the Units on the TSXV for the periods indicated:

| TSXV Trading Summary of Units |          |         |            |
| Period                        | High ($) | Low ($) | Volume (#) |
| December, 2024                |    0.320 |   0.310 |     72,500 |
| November, 2024                |    0.310 |   0.015 |      8,500 |
| October, 2024                 |    0.015 |   0.015 |       3000 |
| September, 2024               |    0.015 |   0.015 |       3000 |
| August, 2024                  |        0 |       0 |          0 |
| July, 2024                    |        0 |       0 |          0 |
| June, 2024                    |     0.02 |    0.02 |       5000 |
| May, 2024                     |        0 |       0 |          0 |
| April, 2024                   |        0 |       0 |          0 |
| March, 2024                   |    0.005 |   0.005 |       1923 |
| February, 2024                |    0.025 |    0.