Company: NREF
Filing Date: 2025-03-14
Form Type: 424B5
Source: 0001437749-25-007770
Chunk: 35

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-03-14
Form: 424B5
Chunk 35
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 the selling period will immediately terminate.

We will pay each sales agent commissions for its services in acting as agent and/or principal in the sale of our shares of common stock and our Series A Preferred Stock. Additionally, the sales agents may receive customary brokerage commissions from purchasers of the common stock and the Series A Preferred Stock in compliance with FINRA Rule 2121. Each sales agent will be entitled to compensation that will not exceed, but may be lower than, 1.5% of the gross sales price of all our shares of common stock and our shares of Series A Preferred Stock sold through it from time to time under the equity distribution agreement.

We may also sell some or all of the shares of our common stock or our Series A Preferred Stock to a sales agent as principal for its own account at a price agreed upon at the time of sale.

Settlement for sales of our common stock or our Series A Preferred Stock will occur on the second trading day following the date on which any sales are made, unless we agree otherwise in writing with the applicable sales agent. The obligation of each sales agent under the equity distribution agreements to sell shares of our common stock and our Series A Preferred Stock pursuant to an issuance notice is subject to certain conditions, which such sales agent reserves the right to waive in its sole discretion.

Other Relationships

The sales agents and their affiliates have engaged in, and may in the future engage in, underwriting, investment banking, lending and other commercial dealings in the ordinary course of business with us or our affiliates. They have received, or may in the future receive, customary fees and commissions for these transactions.

In addition, in the ordinary course of their business activities, the sales agents and their affiliates may make or hold a broad array of investments and actively trade debt and equity securities (or related derivative securities) and financial instruments (including bank loans) for their own account and for the accounts of their customers. Such investments and securities activities may involve securities and/or instruments of ours or our affiliates. The sales agents and their affiliates may also make investment recommendations and/or publish or express independent research views in respect of such securities or financial instruments and may hold, or recommend to clients that they acquire, long and/or short positions in such securities and instruments.

On March 31, 2021, we entered into separate equity distribution agreements with each of Raymond James & Associates, Inc., Keefe, Bruyette & Woods, Inc., Robert W. Baird & Co. Incorporated and Virtu Americas LLC, pursuant to which we could issue and sell