NexPoint Diversified Real Estate Trust (NXDT) Stock

DALLAS and TORONTO , Nov. 25, 2024 /PRNewswire/ -- NexPoint Hospitality Trust ("NHT" or the "REIT"1), (TSX-V: NHT.U) and NexPoint Diversified Real Estate Trust (NYSE: NXDT) ("NXDT") today announced the execution of a definitive agreement (the "Merger Agreement") on November 22, 2024, pursuant to which the REIT will be dissolved and its subsidiary entities merged with and into entities owned or controlled, directly or indirectly, by NXDT (the "Transaction"). Pursuant to the Transaction, each REIT unitholder (the "Unitholders") will receive, for each trust unit of the REIT (a "Unit"), either US$0.36 cash per Unit or common shares of NXDT (the "NXDT Common Shares") equal to the quotient of US$0.36 divided by the volume weighted average price of the NXDT Common Shares quoted on the New York Stock Exchange for the ten (10) trading days prior to closing of the Transaction.

Vote for NexPoint Nominees to Protect Shareholders' Interests and Maximize Value DALLAS , Nov. 21, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") announced today that it has sent a mailing to fellow shareholders of United Development Funding IV ("UDF IV" or the "Company"), a real estate investment trust, ahead of the Company's upcoming Annual Meeting of Shareholders. Shareholders can review the full mailing here.

Quarterly Distribution DALLAS , Oct. 29, 2024 /PRNewswire/ -- NexPoint Diversified Real Estate Trust ("NXDT") (NYSE: NXDT) announced today that its board of trustees has declared a quarterly distribution of $0.15 per common share of NXDT, consisting of a combination of cash and common shares of NXDT. The distribution will be payable on December 31, 2024, to shareholders of record on November 15, 2024.

NexPoint Diversified Real Estate Trust is embarking on a strategic turnaround to refocus its portfolio on residential, life science & specialty manufacturing, and self-storage assets. Operational performance has been poor so far in 2024 and the REIT is loss-making even adjusted for depreciation or valuation losses. The company trades at a steep discount to both book value and management's estimate of net asset value.

NexPoint Says UDF IV's Refusal to Provide Shareholder Information and Lack of Transparency Is Impeding Fair and Equitable Election as Required by Maryland Law Requests Stay to Enable Communication with Shareholders and Remedy Information Imbalance DALLAS , Oct. 25, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") today announced that it has filed a motion in the Circuit Court for Baltimore City (the "Court") requesting emergency relief to compel United Development Funding IV ("UDF IV" or the "Company") to immediately obtain a non-objecting beneficial owner ("NOBO") list and produce it and all other relevant shareholder lists and related information. The motion also requests UDF IV's Annual Meeting be held no sooner than December 16, 2024, not to extend beyond the previously Court-ordered deadline of December 31, 2024, to allow NexPoint to communicate with its fellow shareholders upon receipt of all requested information.

Vote for NexPoint Nominees to Protect Your Interests and Maximize Value DALLAS , Sept. 24, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") announced today that it has sent a letter to fellow shareholders of United Development Funding IV ("UDF IV" or the "Company"), a real estate investment trust, ahead of the Company's upcoming Annual Meeting of Shareholders, which must be held on or before December 31, 2024.

Urges Shareholders to Vote for Board Change by Supporting NexPoint Nominees DALLAS , Sept. 16, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") announced today that it has sent a letter to fellow shareholders of United Development Funding IV ("UDF IV" or the "Company"), a real estate investment trust, ahead of the Company's upcoming Annual Meeting of Shareholders, which must be held on or before December 31, 2024.

DALLAS , Aug. 26, 2024 /PRNewswire/ -- NexPoint Diversified Real Estate Trust ("NXDT") (NYSE: NXDT) announced today that NXDT is scheduled to host a conference call on Tuesday, September 10, 2024, at 4:00 p.m. ET, to discuss portfolio updates and recent performance.

DALLAS , June 20, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint"), a major shareholder of United Development Funding IV ("UDF IV" or the "Company"), a real estate investment trust ("REIT"), today announced its nomination of four highly qualified, independent candidates for election to the UDF IV Board of Trustees at the Company's upcoming Annual Meeting of Shareholders. Following years of holding no UDF IV shareholder meetings prior to December 2023, or elections of independent trustees, the Circuit Court for Baltimore City, Maryland has ordered UDF IV to conduct an election for four independent Trustees at an Annual Meeting that must be held on or before December 31, 2024.