Company: NREF
Filing Date: 2025-11-04
Form Type: 424B5
Source: 0001437749-25-033056
Chunk: 13

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-11-04
Form: 424B5
Chunk 13
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 of the Company’s charter, the Company will redeem the requisite number of shares of Series C Preferred Stock of such holder such that no holder will hold a number of shares in excess of the aggregate stock ownership limit subsequent to such redemption. 
 Notwithstanding the foregoing, at any time the Company may redeem or purchase shares of Series C Preferred Stock to ensure that it continues to meet the requirements for qualification as a REIT pursuant to Article VII of its charter. If the Company calls for redemption of any shares of Series C Preferred Stock pursuant to and in accordance with Article VII of the charter, then the redemption price will be an amount equal to the Stated Value per share, plus an amount equal to accrued but unpaid cash dividends on the Series C Preferred Stock, if any, to but not including the date of redemption, subject to any restrictions or limitations contained in Article VII of the charter. The Company will not be required to provide advanced notice to the holder of Series C Preferred Stock in the event such holder’s Series C Preferred Stock is redeemed in order for the Company to qualify or maintain the qualification of the Company as a REIT for U.S. federal income tax purposes.                                                                                                                       
 See “Description of Series C Preferred Stock—Optional Redemption by the Company” and “Description of Series C Preferred Stock—Company Notice of Redemption” in this prospectus supplement for additional information.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Change of Control Redemption by the Company |     | Upon the occurrence of a Change of Control (as defined below), we will have the right (but not the obligation) to redeem all or some portion of outstanding shares of Series C Preferred Stock, on a date specified by the Company no later than 120 days after the first date on which such Change of Control occurred, in cash at a redemption price equal to 100% of the Stated Value, plus an amount equal to accrued but unpaid cash dividends thereon, if any, to but not including the date of redemption. Any such redemption may be made conditional on such factors as may be determined by the Board and as set forth in the notice of redemption.                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
 A “Change of Control” is when, after the original issuance of the Series C Preferred Stock, the following have occurred and are continuing:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
 •the acquisition by any person, including any syndicate or group deemed to be a “person” under Section 13(d)(3) of the Exchange Act, other than a Permitted Holder, of beneficial ownership