Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 2640

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 2640
---
06-010320) and by Pre-Effective Amendment No. 4, as filed with the Commission on June 9, 2006 (Accession No. 0000950134-06-011336).

Item 2.

Pursuant to the Instructions as to Exhibits, no exhibits are filed herewith or incorporated by reference.

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I-2129

SIGNATURE</div>

Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereto duly authorized.

| HIGHLAND CREDIT STRATEGIES FUND        |
| /s/ Jason Blackburn                    |
| Jason Blackburn                        |
| Chief Operating Officer, Treasurer and 
 Secretary                              |

Date: June 20, 2006

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I-2130

APPENDIX J

AGREEMENT AND PLAN OF MERGER

J-1

AGREEMENT AND PLAN OF MERGER

dated as of November 22, 2024

by and among

NEXPOINT DIVERSIFIED REAL ESTATE TRUST,

NEXPOINT DIVERSIFIED REAL ESTATE TRUST OPERATING PARTNERSHIP, L.P.,

NXDT INTERMEDIARY, LLC,

NXDT HOSPITALITY HOLDCO, LLC,

NEXPOINT HOSPITALITY TRUST,

NHT INTERMEDIARY, LLC,

NHT HOLDINGS, LLC,
and
NHT OPERATING PARTNERSHIP, LLC

J-2

TABLE OF CONTENTS</div>

|                                                                                                     |                                                                                        | Page |
| ARTICLE I DEFINITIONS                                                                               |                                                                                        |    3 |
| Section 1.1                                                                                         | Definitions                                                                            |    3 |
| Section 1.2                                                                                         | Interpretation                                                                         |   14 |
| ARTICLE II THE MERGERS                                                                              |                                                                                        |   15 |
| Section 2.1                                                                                         | The Mergers                                                                            |   15 |
| Section 2.2                                                                                         | Effective Times                                                                        |   16 |
| Section 2.3                                                                                         | Closing of the Mergers                                                                 |   17 |
| Section 2.4                                                                                         | Effects of the Mergers                                                                 |   17 |
| Section 2.5                                                                                         | Governing Documents                                                                    |   17 |
| Section 2.6