Company: NREF
Filing Date: 2025-03-14
Form Type: 424B5
Source: 0001437749-25-007770
Chunk: 34

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-03-14
Form: 424B5
Chunk 34
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y) 0.0025 and from July 25, 2024 and thereafter, means $25.00 plus any accrued and unpaid dividends per share to, but excluding, the date of sale.

The relevant sales agent will provide written confirmation to us no later than the opening of the trading day on the NYSE on the day following the trading day in which our shares of common stock and/or Series A Preferred Stock were sold under the applicable equity distribution agreement. For shares sold by a sales agent, each confirmation will include the number of shares sold on such day, the corresponding aggregate sales price, the net proceeds to us and the compensation payable by us to the sales agent in connection with the sales.

The offering of our common stock and our Series A Preferred Stock pursuant to the equity distribution agreement will terminate upon the earlier of (1) the sale of the maximum aggregate amount of our common stock and our Series A Preferred Stock subject to the equity distribution agreement and (2) the termination of the equity distribution agreement by us or the respective sales agent at any time.

The expenses of this offering, excluding compensation payable to the sales agents under the terms of the equity distribution agreements, are estimated at approximately $300,000 and are payable by us. If the equity distribution agreements are terminated under certain circumstances and we fail to sell a minimum amount of common stock and Series A Preferred Stock as set forth in the equity distribution agreements, we have agreed to reimburse the sales agents for reasonable out of pocket expenses, including the reasonable fees and disbursements of counsel for the sales agents up to a maximum aggregate amount of $100,000.

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Sales Through Sales Agents

From time to time during the term of the equity distribution agreements, we may deliver an issuance notice to one of the sales agents with the maximum amount of our common stock and our Series A Preferred Stock to be sold and the minimum price below which sales may not be made. Upon receipt of an issuance notice from us, and subject to the terms and conditions of the equity distribution agreement, each sales agent agrees to use its commercially reasonable efforts consistent with its normal trading and sales practices and applicable law and regulations to sell such shares of our common stock and/or Series A Preferred Stock on such terms. Offers and sales, if any, will be made by only one sales agent on any given day. We or any of the sales agents may suspend the offering of our common stock or our Series A Preferred Stock at any time upon proper notice to the other, upon which