Company: NXDT
Filing Date: 2025-06-12
Form Type: S-4
Source: 0001437749-25-020201
Chunk: 93

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-06-12
Form: S-4
Chunk 93
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 or reason to know that such non-U.S. stockholder is a U.S. person and the documentation requirements described above are met or such non-U.S. stockholder otherwise establishes an exemption. |

In addition, a sale of shares of New Stock will be subject to information reporting if such sale is effected at a foreign office of a broker that is:

| ● | a U.S. person, |

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| ● | a controlled foreign corporation for U.S. federal tax purposes, |

| ● | a foreign partnership, if at any time during its tax year: |

| ● | one or more of such foreign partnership’s partners are “U.S. persons,” as defined in U.S. Treasury regulations, who in the aggregate hold more than 50% of the income or capital interest in the partnership, or |

| ● | such foreign partnership is engaged in the conduct of a U.S. trade or business, unless the broker does not have actual knowledge or reason to know that such non-U.S. stockholder is a United States person and the documentation requirements described above are met or such non-U.S. stockholder otherwise establishes an exemption. Backup withholding will apply if the sale is subject to information reporting and the broker has actual knowledge that such non-U.S. stockholder is a U.S. person. |

A non-U.S. stockholder generally may obtain a refund of any amounts withheld under the backup withholding rules that exceed its income tax liability by timely filing a refund claim with the IRS.

FATCA Withholding

Pursuant to Sections 1471 through 1474 of the Code, commonly known as the Foreign Account Tax Compliance Act (“FATCA”), a 30% withholding tax (“FATCA Withholding”) may be imposed on certain payments to non-U.S. stockholders or to certain foreign financial institutions, investment funds and other non-U.S. persons receiving payments on a non-U.S. stockholder’s behalf if such persons fail to comply with certain information reporting requirements. Payments of dividends that a non-U.S. stockholder receives in respect of New Stock could be affected by this withholding if such non-U.S. stockholder is subject to the FATCA information reporting requirements and fails to comply with them or if such non-U.S. stockholder holds shares of New Stock through a non-U.S. person (e.g., a foreign bank or broker) that fails to comply with these requirements (even if payments to such non-U.S. stockholders would not otherwise have