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

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 21
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 to New NHT (the “Liquidation”) (the steps in subsections (i) and (ii) collectively, the “Reorganization”).

The Merger Agreement

NHT and NXDT have entered into the Merger Agreement attached as Appendix J to this Information Circular. The Board and the NXDT Board have both unanimously authorized and approved the Merger Agreement and the transactions contemplated thereby. NHT and NXDT encourage you to read the entire Merger Agreement carefully because it is the principal legal document governing the Mergers.

Form of the Mergers

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 (the “Surviving Company”). 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, LLC (“NHT Intermediary”) and NHT Holdings, LLC (“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.

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Thereafter, NHT OP will merge with and into NXDT Hospitality Holdco, LLC (“NXDT Merger Sub”), with NXDT Merger Sub continuing under the name “NXDT Hospitality Holdco, LLC” as the surviving entity in the Operating Partnership Merger (the “Surviving OP”). 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 Company Merger, together with the Intermediary Merger, the Holdings Merger and the Operating Partnership Merger are referred to herein as the “Mergers”.

The result of the Mergers will be that New NHT, NHT Intermediary, NHT Holdings and NHT OP will each be merged with and into