M&A: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Form Type: S-4
Filing Date: 2024-12-31
Corporate Action: Merger
Type: New
Accession Number: 000143774924038595
Comments: NexPoint Diversified Real Estate Trust (NXDT) has filed a registration statement on Form S-4 for a proposed merger with NexPoint Hospitality Trust (NHT). The filing outlines that the transaction will involve the reorganization of NHT, where unitholders will have the option to either contribute their equity interest in NHT to a newly formed Delaware corporation (New NHT) in exchange for common shares or redeem their interests for cash. Following this reorganization, New NHT will merge with NXDT Intermediary, LLC, with NXDT Intermediary being the surviving entity. The document details the structure of the proposed transaction and the expected timeline for its completion, along with provisions for unitholders regarding their voting rights and participation in the upcoming meeting scheduled for February 2025. Financial statements for NHT will be reviewed, and resolutions related to the transaction will be voted upon, including the appointment of auditors and election of trustees. Unitholders are advised to carefully consider the associated risk factors with this transaction.
Document Link: View Document
Additional details:
Reporting Entity: NexPoint Hospitality Trust
Transaction Resolution: Approval of Transaction Resolution
Unitholder Meeting Date: February 2025
Record Date: 2024-12-30
Cash Consideration: $0.36