Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 235

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 235
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 to any required approval of the TSXV.

Between September 2019 and September 2022, the REIT received 56 loans from entities controlled or managed by James Dondero in the aggregate amount of approximately $87 million (the “Loans”). The TSXV has requested that the REIT make certain amendments to the Loans.

| OTHER BUSINESS |

The Trustees are not aware of any matters intended to come before the Meeting other than those items of business set forth in the Notice of Meeting accompanying this Information Circular. If any other matters properly come before the Meeting, it is the intention of the persons named in the Form of Proxy and voting instruction form to vote in respect of those matters in accordance with their judgment.

| ADDITIONAL INFORMATION |

Financial information is provided in NHT’s financial statements and NHT’s MD&A for the year ended December 31, 2023. Copies of NHT’s financial statements for the year ended December 31, 2023, together with the auditors’ report thereon, the MD&A and this Information Circular are available upon written request to NHT (at NexPoint Hospitality Trust 300 Crescent Court, Suite 700, Dallas, Texas 75201 USA, Attention: Brian Mitts, Chief Financial Officer). NHT may require payment of a reasonable charge if the request is made by a person who is not a Unitholder. These documents and additional information relating to NHT may also be found on the SEDAR+ website at www.sedarplus.ca and on NHT’s website at www.nexpointhospitality.com.

| LEGAL MATTERS |

Tuan Olona, LLP will pass upon the validity of the NXDT Common Shares issued in connection with the Transaction and certain other legal matters related to this Information Statement.

| EXPERTS |

The consolidated financial statements of NexPoint Diversified Real Estate Trust as of and for the years ended December 31, 2023 and 2022 and management’s assessment of the effectiveness of internal control over financial reporting as of December 31, 2023, have been incorporated by reference herein and in the registration statement in reliance upon the reports of KPMG LLP, independent registered public accounting firm, incorporated by reference herein, and upon the authority of said firm as experts in accounting and auditing. The consolidated financial statements of NexPoint Diversified Real Estate Trust for the year ended December 31, 2021, incorporated by reference herein, have been audited by Cohen & Company, Ltd., independent registered