Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 121

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 121
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The advance notice procedures of NXDT’s bylaws provide that, to be timely, a shareholder’s notice with respect to trustee nominations or other proposals for an annual meeting must be delivered to NXDT’s corporate secretary at NXDT’s principal executive office not less than 120 nor more than 150 calendar days prior to the first anniversary of the preceding year’s annual meeting. In the event that the date of the annual meeting is advanced or delayed by more than 25 days from the first anniversary of the date of the preceding year’s annual meeting, to be timely, a shareholder’s notice must be delivered not earlier than 150 calendar days prior to the date of such annual meeting and not later than 5:00 p.m., Eastern Time, on the later of the 120th calendar day prior to the date of such annual meeting and the tenth calendar day following the day on which public announcement of the date of such meeting is first made.

In addition to the provisions of the NXDT Declaration relating to the approval requirements for business combinations and Principal Shareholder Transactions described above, the advance notice requirements contained in NXDT’s bylaws may delay, defer or prevent a change in control or other transaction that might involve a premium price for NXDT’s capital shares or otherwise be in the best interest of NXDT’s shareholders.

Information Rights

Shareholders have the right to inspect the records of NXDT, including, without limitation, shareholder lists, documents, accounts and books of NXDT only to the extent inalienably granted under the DSTA; all other such rights whether or not provided in the DSTA are expressly precluded. All shareholders’ requests to inspect the records of NXDT will be submitted by shareholders to the NXDT Board in writing. Upon receipt of such requests, the NXDT Board may in its discretion establish procedures for any permitted inspections. To preserve the integrity of NXDT’s records, the NXDT Board may provide certified copies of Company records rather than originals. The NXDT Board will not be required to create records or obtain records from third parties to satisfy shareholders’ requests. The NXDT Board may require shareholders to pay in advance or otherwise indemnify NXDT for the costs and expenses of shareholders’ inspection of records. None of the foregoing is intended nor will be construed to permit shareholders to inspect the records of NXDT except as may be required by the DSTA or permitted by the NXDT Board in its discretion.

Power to Increase or Decrease Authorized Shares of Beneficial Interest, Rec