secwatch.observer — SEC 8-K summary
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Issuer:     NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)
CIK:        0001356115
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0001437749-22-024805
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NexPoint amends advisory fee to cap cash portion at $1M/month; remainder in common shares
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- Monthly advisory fee capped at $1M cash; any excess paid in common shares valued using 10-day VWAP.
- Administrative fee will be paid entirely in cash.
- Share issuance to adviser limited to 5% of outstanding shares and subject to REIT ownership rules.
- Amendment approved by audit committee and effective October 25, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1356115/000143774922024805/0001437749-22-024805-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1356115/000143774922024805/nexsof20221025_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-024805

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