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NexPoint Diversified Real Estate Trust Announces Record Date and Date of Special Meeting of Shareholders

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Rhea-AI Summary

NexPoint Diversified Real Estate Trust (NYSE: NXDT) has announced a Special Meeting for shareholders scheduled on January 30, 2023, at 9:00 a.m. Central Time. The record date for voting eligibility is December 19, 2022. Shareholders will attend the meeting virtually and can vote through an online platform. Further details will be provided in the Proxy Materials. NXDT focuses on diversified real estate investments across multiple sectors in the U.S., operated by NexPoint Real Estate Advisors X, L.P.

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Positive

  • Announcement of a Special Meeting for shareholders to vote on the proposed 2023 Long Term Incentive Plan.
  • The Company is actively engaging shareholders by providing a virtual platform for voting.

Negative

  • None.

News Market Reaction – NXDT

-0.31%
-0.31% Session move

In the trading session that priced this news, NXDT declined 0.31%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DALLAS, Dec. 8, 2022 /PRNewswire/ -- NexPoint Diversified Real Estate Trust (NYSE: NXDT) ("NXDT" or the "Company") announced today that the Board of Trustees has called a special meeting of the shareholders (the "Special Meeting") to consider and vote on the Company's proposed 2023 Long Term Incentive Plan. The record date for determining shareholders entitled to vote at the Special Meeting will be Monday, December 19, 2022. The Special Meeting will be held on Monday, January 30, 2023, beginning at 9:00 a.m. Central Time. The Special Meeting will be held exclusively through a virtual format. Shareholders will not be able to attend the Special Meeting in person, however shareholders of record as of the close of business on December 19, 2022, will be able to vote and ask questions during the Special Meeting through the online platform.

Further information regarding the Special Meeting, including instructions on how to access the Special Meeting, will be set forth in the proxy statement and other proxy materials for the Special Meeting (together, the "Proxy Materials"). Attendance at the Special Meeting will be limited to shareholders of record and beneficial owners who provide proof of beneficial ownership as of the record date in the manner described in the Proxy Materials.

About NexPoint Diversified Real Estate Trust

NexPoint Diversified Real Estate Trust is an externally advised, publicly traded, diversified real estate investment trust (REIT) focused on the acquisition, development, and management of opportunistic and value-add investments throughout the United States across multiple sectors where NexPoint and its affiliates have operational expertise. NXDT is externally advised by NexPoint Real Estate Advisors X, L.P. For more information, please visit nxdt.nexpoint.com.

CONTACTS

Investor Relations
Kristen Thomas
IR@nexpoint.com

Media Relations
Prosek Partners for NexPoint
pro-nexpoint@prosek.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nexpoint-diversified-real-estate-trust-announces-record-date-and-date-of-special-meeting-of-shareholders-301698757.html

SOURCE NexPoint Diversified Real Estate Trust

FAQ

When is the Special Meeting for NXDT shareholders?

The Special Meeting for NXDT shareholders is scheduled for January 30, 2023.

What is the record date for voting in the NXDT Special Meeting?

The record date for voting is December 19, 2022.

How can NXDT shareholders participate in the Special Meeting?

NXDT shareholders can participate in the Special Meeting virtually through an online platform.

What will be voted on at the NXDT Special Meeting?

The Special Meeting will include a vote on the proposed 2023 Long Term Incentive Plan.