Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 68

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 68
---
Immediately following the Reorganization, at the Company Merger Effective Time, New NHT will merge with and into NXDT Intermediary, with NXDT Intermediary continuing under the name “NXDT Intermediary, LLC” as the surviving entity in the Company Merger. All of the properties, rights, privileges, powers and franchises of New NHT will vest in the Surviving Company, and all debts, liabilities, duties and obligations of New NHT will become the debts, liabilities, duties and obligations of the Surviving Company.

Immediately following the Company Merger, NHT Intermediary and NHT Holdings, both of which are subsidiaries of the REIT, will merge with and into the Surviving Company, with the Surviving Company continuing under the name “NXDT Intermediary, LLC” as the surviving entity in the Intermediary Merger and the Holdings Merger.

Thereafter, NHT OP will merge with and into NXDT Merger Sub, with NXDT Merger Sub continuing under the name “NXDT Hospitality Holdco, LLC” as the surviving entity in the Operating Partnership Merger. All of the properties, rights, privileges, powers and franchises of NXDT Merger Sub will vest in the Surviving OP and all debts, liabilities, duties and obligations of NHT OP will become the debts, liabilities, duties and obligations of the Surviving OP.

The result of the Mergers will be that New NHT, NHT Intermediary, NHT Holdings and NHT OP will each be merged with and into entities owned or controlled, directly or indirectly, by NXDT.

At the Company Merger Effective Time, and by virtue of the Company Merger, the following shall occur:

| ● | Cancellation of New NHT Shares. Each New NHT Share issued and outstanding immediately prior to the Company Merger Effective Time that is held by NXDT, NXDT OP, or any of their respective subsidiaries, will no longer be outstanding and will automatically be retired and will cease to exist, and no payment will be made with respect thereto. Each New NHT Share held by New NHT in New NHT’s treasury will automatically be retired and will cease to exist, and no payment will be made with respect thereto. |

| ● | Conversion of New NHT Shares. Each New NHT Share issued and outstanding immediately prior to the Company Merger Effective Time (other than shares to be cancelled as set forth above) will automatically be converted into the right to receive a