Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1775

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1775
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 loss per share                | -1 |                           |  39,094 |   |     |      |  37,172 |   |     |                             | 39,616 |   |     |      |  37,172 |   |
| Loss per weighted average common share:               |    |                           |         |   |     |      |         |   |     |                             |        |   |     |      |         |   |
| Basic                                                 |    | $                         |   (0.83 | ) |     | $    |   (0.96 | ) |     | $                           |  (0.24 | ) |     | $    |   (0.40 | ) |
| Diluted                                               |    | $                         |   (0.83 | ) |     | $    |   (0.96 | ) |     | $                           |  (0.24 | ) |     | $    |   (0.40 | ) |

(1) If the Company sustains a net loss for the period presented, unvested restricted share units are not included in the diluted earnings per share calculation.

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I-1399</div>

13. Related Party Transactions

Advisory and Administrative Fees, NXDT Segment

Pursuant to the Advisory Agreement, subject to the overall supervision of our Board, the Adviser manages the day-to-day operations of the Company, and provides investment management services.

As of June 30, 2024 and 2023, as consideration for the Adviser’s services under the Advisory Agreement, we pay our Adviser an annual fee (the "Advisory Fee") of 1.00% of Managed Assets (defined below) and an annual fee (the "Administrative Fee" and, together with the Advisory Fee, the "Fees") of 0.20% of the Company’s Managed Assets.

On July 22, 2024, we entered into an amendment to the Advisory Agreement whereby the monthly installment of the Administrative Fee shall be paid in cash and the monthly installment of the Advisory Fee shall be paid in one-half in cash and one-half in common shares of the Company, subject to certain restrictions including that in no event shall the common shares issued to the Adviser under the Advisory Agreement exceed five percent of the number of common shares or five percent of the voting power of the Company outstanding prior to the first such issuance (the “Share Cap”)