Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 74

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 74
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 at the Meeting, either in person or by proxy, against the Transaction (and, for greater certainty, a Registered Holder who voted for or abstained from voting for the Transactions Resolution or who has withdrawn its objection will not be considered to be a Dissenting Unitholder). Further, a vote against the Transaction Resolution shall not constitute the required written objection as described in this paragraph.

Only Registered Holders may exercise Dissent Rights. A Registered Holder’s failure to follow exactly the procedures set forth in the terms of the amendments to the Declaration of Trust will result in the loss of Dissent Rights. Due exercise of the Dissent Rights requires that certain deadlines be observed and the REIT intends to enforce such deadlines strictly. Registered Holders considering exercising Dissent Rights should seek the advice of their legal counsel and tax and investment advisors and should carefully review the description of such rights set forth in this Information Circular, as well as the amendments to the Declaration of Trust, and comply with the provisions of the amendments to the Declaration of Trust. Beneficial Holders are not entitled to exercise Dissent Rights.

The above summary does not purport to provide a comprehensive statement of the procedures to be followed by Dissenting Unitholders who seek payment of the fair value of their Units. The amendments to the Declaration of Trust require adherence to the procedures established therein and failure to do so may result in the loss of all rights thereunder.

The following is a summary of the material terms of the Merger Agreement, a copy of which is attached hereto as Appendix J and is incorporated by reference in this Information Circular. This summary does not purport to be complete and may not contain all of the information about the Merger Agreement that is important to you. The summary of the material terms of the Merger Agreement below and elsewhere in this Information Circular is qualified in its entirety by reference to the Merger Agreement, which has been filed by the REIT on SEDAR+ atwww.sedarplus.ca. We urge you to read a copy of the Merger Agreement carefully and in its entirety, as the rights and obligations of the parties are governed by the express terms of the Merger Agreement and not by this summary or any other information contained in this Information Circular.

The Merger Agreement contains representations and warranties made by the Company, NHT Intermediary, NHT Holdings and NHT OP (jointly and severally) to NXDT, NXDT Intermediary, NXDT Merger Sub and NXDT OP and representations and warranties made by the NXDT,