Company: NXDT
Filing Date: 2025-04-23
Form Type: S-4/A
Source: 0001437749-25-012810
Chunk: 17

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-04-23
Form: S-4/A
Chunk 17
---
 Shares

The Old Common Shares are listed on the NYSE under the symbol “NXDT,” and the Old Series A Preferred Shares are listed on NYSE under the symbol “NXDT PA.” On April 22, 2025, the most recent trading date prior to the public announcement of the Conversion, the closing price per Old Common Share was $3.77, and the closing price per Old Series A Preferred Share was $13.30. You should obtain a current price quotation for the Old Common Shares and Old Series A Preferred Shares. The Old Series B Preferred Shares have no established trading market, and we do not expect one to develop.

<div align='center'>8</div>

The following tables set forth the high and low sales prices of the Old Common Shares and the Old Series A Preferred Shares as reported in the NYSE’s consolidated transaction reporting system, respectively, for the calendar quarters indicated.

| Fiscal Quarters               
 Old Common Shares             |     | Fiscal 2025(1) 
 High           |       |     | Low |       |     | Fiscal 2024 
 High        |       |     | Low |       |     | Fiscal 2023 
 High        |       |     | Low |       |
|:------------------------------|:----|:---------------|------:|:----|:----|------:|:----|:------------|------:|:----|:----|------:|:----|:------------|------:|:----|:----|------:|
| First Quarter                 |     | $              |  6.20 |     | $   |  3.69 |     | $           |  7.99 |     | $   |  6.01 |     | $           | 13.30 |     | $   |  9.73 |
| Second Quarter                |     |                |  4.32 |     |     |  3.12 |     |             |  6.55 |     |     |  4.74 |     |             | 12.52 |     |     |  9.14 |
| Third Quarter                 |     |                |       |     |     |       |     |             |  6.62 |     |     |  5.25 |     |             | 12.80 |     |     |  8.40 |
| Fourth Quarter                |     |                |       |     |