Company: NXDT
Filing Date: 2025-04-23
Form Type: S-4/A
Source: 0001437749-25-012810
Chunk: 12

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-04-23
Form: S-4/A
Chunk 12
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” in 2021. Old NXDT’s Old Common Shares are currently publicly traded on the New York Stock Exchange (“NYSE”) under the symbol “NXDT,” and its Old Series A Preferred Shares are traded on NYSE under the symbol “NXDT PA.” Old NXDT’s 9.00% Series B Cumulative Redeemable Preferred Shares, par value $0.001 per share, liquidation preference $25.00 per share (“Old Series B Preferred Shares” and, together with the Old Voting Shares, the “Old Shares”) currently have no public trading market, and we do not expect one to develop. Old NXDT is an externally advised, publicly traded real estate investment trust (“REIT”) focused on the acquisition, asset management, development and disposition of opportunistic, value-add investments in real estate properties throughout the United States. Old NXDT focuses primarily on investing in various commercial real estate property types and across the capital structure, including, but not limited to, equity, mortgage debt, mezzanine debt and preferred equity. Substantially all of Old NXDT’s business is conducted through NexPoint Diversified Real Estate Trust Operating Partnership, L.P. (the “OP”), Old NXDT’s operating partnership. As of December 31, 2024, Old NXDT owned 100% of the issued and outstanding partnership units of the OP. Old NXDT conducts its business through the OP and its wholly owned taxable REIT subsidiaries (“TRSs”). Old NXDT’s wholly owned subsidiary, NexPoint Diversified Real Estate Trust OP GP, LLC (the “OP GP”) is the sole general partner of the OP.

Old NXDT’s headquarters are located at 300 Crescent Court, Suite 700, Dallas, Texas 75201 and the telephone number at this location is (214) 276-6300. Information about us is available on our internet site at . The contents of our internet site are not incorporated by reference herein and are not deemed to be part of this proxy statement/prospectus.

The Conversion

The Plan of Conversion provides that, subject to the receipt of necessary shareholder approval, Old NXDT will convert from a statutory trust organized under the laws of Delaware to a corporation named “NexPoint Diversified Real Estate Trust, Inc.” incorporated under the laws of the State of Maryland.

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Upon the effectiveness of the Conversion, each Old Common Share will be converted into one share of New NXDT common stock, par value $0.