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NexPoint Hospitality Trust and NexPoint Diversified Real Estate Trust Announce Expected Closing Date for Going Private Transaction
NexPoint Hospitality Trust (TSX-V: NHT.U) ("NHT" or the "REIT"1) and NexPoint Diversified Real Estate Trust (NYSE: NXDT) ("NXDT") today announced the expected closing date for the previously announced going private transaction whereby the REIT will be dissolved and its subsidiary entities merged with and into entities owned or controlled, directly or indirectly, by NXDT (the "Transaction").
About this update from Nexpoint Diversified Real Estate Trust
[{"type":"text","content":"DALLAS and TORONTO, April 15, 2025 /PRNewswire/ -- NexPoint Hospitality Trust (TSX-V: NHT.U) ("NHT" or the "REIT"1) and NexPoint Diversified Real Estate Trust (NYSE: NXDT) ("NXDT") today announced the expected closing date for the previously announced going private transaction whereby the REIT will be dissolved and its subsidiary entities merged with and into entities owned or controlled, directly or indirectly, by NXDT (the "Transaction").","length":489,"tagName":"p"},{"type":"image","alt":"NexPoint Diversified Real Estate (PRNewsfoto/NexPoint Diversified Real Estate Trust)","displaySize":"","headline":null,"caption":"NexPoint Diversified Real Estate (PRNewsfoto/NexPoint Diversified Real Estate Trust)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":101,"url":"https://media.zenfs.com/en/prnewswire.com/68bfc126a388ddb3161924997068e299"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/rtZAGb.vaiE5V2v7pCjvZg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE3ODtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/68bfc126a388ddb3161924997068e299","width":400,"height":101}},"href":"https://mma.prnewswire.com/media/1872165/NXDT_Navy_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Transaction is expected to close on April 17, 2025, subject to satisfaction of customary closing conditions and the REIT's trust units are expected to be delisted from the TSX Venture Exchange at the close of trading on April 22, 2025.","length":243,"tagName":"p"},{"type":"text","content":"For more information on the Transaction, please see the joint news releases issued by the REIT and NXDT on November 25, 2024, December 23, 2024 and February 14, 2024, along with the REIT's management information circular prepared in connection with the Transaction, all of which are available on SEDAR+ at www.sedarplus.ca.","length":327,"tagName":"p"},{"type":"text","content":"About NHT","length":9,"tagName":"p"},{"type":"text","content":"NexPoint Hospitality Trust is a publicly traded real estate investment trust, with its Units listed on the TSX Venture Exchange under the ticker NHT.U. NHT is focused on acquiring, owning and operating well-located real estate assets including, but not limited to, investments in life science and semiconductor manufacturing propert...