Company: NREF
Filing Date: 2025-03-14
Form Type: 424B5
Source: 0001437749-25-007771
Chunk: 45

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-03-14
Form: 424B5
Chunk 45
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 preferences, privileges and voting powers substantially similar, taken as a whole, to those of the Series B Preferred Stock, then the occurrence of any such event will not be deemed to materially and adversely affect the rights, privileges or voting powers of the holders of Series B Preferred Stock or the holders thereof. In addition, any increase in the amount of authorized Series B Preferred Stock or the creation or issuance or increase in the amounts authorized of any other class or series of our Parity Stock or Junior Stock, will not be deemed to materially and adversely affect the rights, preferences, privileges or voting powers of the Series B Preferred Stock or the holders thereof. In addition, the voting provisions above will not apply if, at or prior to the time when the act with respect to which the vote would otherwise be required would occur, we have redeemed all outstanding shares of Series B Preferred Stock.

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In any matter in which the holders of Series B Preferred Stock are entitled to vote separately as a single class, each such holder will have the right to one vote for each share of Series B Preferred Stock held by such holder. If the holders of our Series B Preferred Stock and any other class or series of our Parity Stock, including our Series A Preferred Stock, are entitled to vote together as a single class on any matter, such holders of the Series B Preferred Stock and the shares of the other class or series of our Parity Stock, including the Series A Preferred Stock, will have one vote for each $25.00 of liquidation preference.

Liquidity Events

The purchase of shares of our Series B Preferred Stock is intended to be a long term investment. There is currently no public trading market for shares of our Series B Preferred Stock, and one may never exist. As a result, our shares of Series B Preferred Stock should be considered as having only limited liquidity and may be illiquid. If you sell your stock, any such sales may be made at a loss.

Exchange Listing

We do not plan on making an application to list the shares of our Series B Preferred Stock on the NYSE, any other national securities exchange or any other nationally recognized trading system.

Restrictions on Ownership and Transfer

For information regarding restrictions on ownership and transfer of the Series B Preferred Stock, see “Description of Capital Stock—Restrictions on Ownership and Transfer” in the accompanying prospectus.

The Articles Supplementary establishing the Series B Preferred Stock provide that the ownership and transfer limitations described in “Description of Capital Stock-Restrictions on Ownership