Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 603

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 603
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 held pursuant to Section 10.1 of the Declaration, the notice of annual meeting provided to Shareholders under Section 10.3 of the Declaration shall state the purpose or purposes for which such meeting is to be held and shall include a statement that such purposes include: “The transaction of such other proper business as may properly come before the annual meeting.”

(b) With respect to a special meeting of Shareholders called by a majority of the Trustees, the President or Shareholders pursuant to Section 10.1 of the Declaration, the notice of special meeting provided to Shareholders under Section 10.3 of the Declaration shall state the purpose or purposes for which such meeting is to be held and shall not provide for the transaction of any business other than the particular purpose specified in the notice of the special meeting. Only the business stated in the notice of a special meeting may be conducted at such special meeting.

1.7 .

(a) In order for business to be properly brought before the annual meeting by any Shareholder of record of the Trust, such Shareholder must:

(i) be a Shareholder of record on the date such Shareholder gives the notice provided for in this Section 1.7 and on the record date for the determination of Shareholders entitled to notice of and to vote at such annual meeting;

(ii) have held beneficially and “at risk” (within the meaning of Section 1.7(d)(ii)(B)(5)), continuously through the period between the dates referred to in Section 1.7(a)(i) above and for at least one year prior to the date such Shareholder gives the notice provided for in this Section 1.7, at least $5,000 in market value of the Trust’s Shares;

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(iii) provide proof sufficient to the Trustees that the Shareholder making a proposal under this Section 1.7 has met the requirements stated in Section 1.7(a)(ii) above; and

(iv) comply with the notice procedures set forth in this Section 1.7.

(b) In addition to any other applicable requirements, for business to be properly brought before an annual meeting by a Shareholder, (i) the proposal must relate to a matter on which Shareholders are entitled to vote under the Declaration and (ii) the Shareholder of record making such proposal must have given timely notice thereof in proper written form to the Secretary of the Trust.

(c) To be timely, a record Shareholder’s notice