Company: NXDT
Filing Date: 2025-02-21
Form Type: 425
Source: 0001437749-25-004752
Chunk: 1

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-02-21
Form: 425
Chunk 1
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 its subsidiary entities merged with and into entities owned or controlled, directly or indirectly, by NXDT (the “Transaction”). As previously announced, under the terms of the Merger Agreement, unitholders will receive for each trust unit (a “Unit”), either US$0.36 cash; or one (1) common share of NexPoint Hospitality Trust, Inc., which will subsequently be converted into the right to receive a number of common shares of NXDT.

The Transaction Resolution, the full text of which is attached as Appendix “D” to the Circular, was passed with 100% of the votes cast in favour of the resolution, as well as 100% of the votes cast after excluding votes attached to Units beneficially owned or over which control or direction is exercised by James Dondero and his affiliated entities. The closing of the Transaction is subject to the satisfaction of customary closing conditions.

A copy of the complete report on voting at the Meeting will be made available on NHT’s profile on SEDAR+ at www.sedarplus.ca.

About NexPoint Hospitality Trust

NexPoint Hospitality Trust is a publicly traded real estate investment trust, with its Units listed on the TSX Venture Exchange under the ticker NHT.U. NHT is focused on acquiring, owning and operating well-located real estate assets including, but not limited to, investments in life science and semiconductor manufacturing properties, but mainly focusing on hospitality properties in the United States that offer a high current yield and in many cases are underperforming assets with the potential to increase in value through investments in capital improvements, a market-based recovery, brand repositioning, revenue enhancements, operational improvements, expense inefficiencies, and exploiting excess land or underutilized space. NHT owns 7 branded properties sponsored by Marriott, Hilton and Hyatt, located across the U.S. NHT is externally advised by NexPoint Real Estate Advisors VI, L.P. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Additional Information and Where to Find It

In connection Transaction, NXDT has filed with the Securities and Exchange Commission (the “SEC”) a registration statement on Form S-4 (the “Registration Statement”) containing the Circular. The Registration Statement and Circular each contain important information about the NXDT, NHT, the Transaction and related matters. UNITHOLDERS OF NHT ARE URGED TO READ THE REGISTRATION STATEMENT AND