NexPoint Diversified closes acquisition of NexPoint Hospitality Trust; NHT to delist from TSX-V

NEXPOINT DIVERSIFIED REAL ESTATE TRUST

NXDT issued 1,084,593 common shares and ~$0.8M promissory notes to NHT unitholders as merger consideration.
Each NHT unit converted to US$0.36 cash or equivalent NXDT shares based on 10-day VWAP.
Cityplace loan maturity extended to March 8, 2026; NHT 5-Pack loan extended to September 8, 2025.
NHT units to be delisted from TSX-V on April 22, 2025.

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