Company: NREF
Filing Date: 2025-03-14
Form Type: 424B5
Source: 0001437749-25-007770
Chunk: 20

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-03-14
Form: 424B5
Chunk 20
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 pay the full liquidating distributions to the holders of Series A Preferred Stock and our Parity Stock, including the Series B Preferred Stock, then we will distribute our assets to the holders of Series A Preferred Stock and the holders of our Parity Stock, including the Series B Preferred Stock, ratably in proportion to the full liquidating distributions they would have otherwise received.

Redemption

Generally

We may not redeem the Series A Preferred Stock prior to July 24, 2025, except as described below under “-Special Optional Redemption” and “-Restrictions on Ownership and Transfer.” On and after July 24, 2025, upon no fewer than 30 days’ nor more than 60 days’ written notice, we may, at our option, redeem the Series A Preferred Stock, in whole or from time to time in part, by paying $25.00 per share, plus any accrued and unpaid dividends (whether or not declared) to, but not including, the date of redemption.

We will give notice of redemption by mail to each holder of record of Series A Preferred Stock at the address shown on our stock transfer books. A failure to give notice of redemption or any defect in the notice or in its mailing will not affect the validity of the redemption of any shares of Series A Preferred Stock except as to the holder to whom notice was defective. Each notice will state the following:

| ● | the redemption date; |

| ● | the redemption price; |

| ● | the number of shares of Series A Preferred Stock to be redeemed; |

| ● | the place or places where the certificates, if any, representing the shares of Series A Preferred Stock to be redeemed are to be surrendered for payment; |

| ● | the procedures for surrendering non-certificated shares for payment; and |

| ● | that dividends on the shares of Series A Preferred Stock to be redeemed will cease to accrue on the redemption date. |

If we redeem fewer than all of the Series A Preferred Stock, the notice of redemption mailed to each stockholder will also specify the number of shares of Series A Preferred Stock that we will redeem from each stockholder. In this case, we will determine the number of shares of Series A Preferred Stock to be redeemed on a pro rata basis or by lot.

If we elect to redeem any of the Series A Preferred Stock in connection with a Change of Control (as defined below under “-Special Optional Redemption”) and we intend for such redemption to occur prior to the applicable Change of Control Conversion