NexPoint Diversified Real Estate Trust (NXDT) Announces Dual Listing on NYSE Texas

Rhea-AI Summary

NexPoint Diversified Real Estate Trust (NYSE:NXDT) announced its dual listing on NYSE Texas, effective August 19, 2025. The company will maintain its primary listing on the New York Stock Exchange while trading under the same ticker "NXDT" on both exchanges.

As a Founding Member of NYSE Texas, NXDT's dual listing aligns with its Texas roots and supports the state's pro-business environment. The company operates as a diversified REIT focused on opportunistic and value-add investments across multiple sectors throughout the United States, with external advisory from NexPoint Real Estate Advisors X, L.P.

Positive

• Status as a Founding Member of NYSE Texas enhances company visibility and prestige
• Dual listing potentially provides increased trading liquidity and broader investor access
• Strategic alignment with Texas' growing business ecosystem

Negative

• None.

DALLAS, Aug. 18, 2025 /PRNewswire/ -- NexPoint Diversified Real Estate Trust ("NXDT") (NYSE: NXDT) announced today the dual listing of its common shares on NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, Texas, effective August 19, 2025. NXDT will maintain its primary listing on the New York Stock Exchange (NYSE) and continue to trade under the same ticker symbol, "NXDT," on the NYSE and NYSE Texas.

"With NexPoint's deep roots in Texas, it is an honor to be among the Founding Members of NYSE Texas," said Matt McGraner, Chief Investment Officer at NexPoint. "This dual listing reflects our support of the pro-business values that make Texas a thriving environment for innovation and growth."

"We are pleased to welcome NexPoint Diversified Real Estate Trust to NYSE Texas as a Founding Member and look forward to NXDT's continued innovation, resilience, and strategic growth." said Bryan Daniel, President, NYSE Texas.

NexPoint Diversified Real Estate Trust is an externally advised, publicly traded, diversified 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 Griffith
IR@nexpoint.com

Media Relations
Comms@nexpoint.com 

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SOURCE NexPoint Diversified Real Estate Trust

FAQ

When will NXDT start trading on NYSE Texas?

NXDT will begin trading on NYSE Texas on August 19, 2025, while maintaining its primary listing on the NYSE.

What is NexPoint Diversified Real Estate Trust's business focus?

NXDT is a diversified REIT focused on acquiring, developing, and managing opportunistic and value-add investments across multiple sectors throughout the United States.

Will NXDT's ticker symbol change with the NYSE Texas listing?

No, NXDT will continue trading under the same ticker symbol 'NXDT' on both the NYSE and NYSE Texas.

Who manages NexPoint Diversified Real Estate Trust?

NXDT is externally advised by NexPoint Real Estate Advisors X, L.P.

What is the significance of NXDT's dual listing on NYSE Texas?

The dual listing establishes NXDT as a Founding Member of NYSE Texas, potentially increasing trading liquidity while supporting Texas' business environment.