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The latest update is out from NexPoint Diversified Real Estate Trust ( (NXDT) ).
NexPoint Diversified Real Estate Trust has applied to the Ontario Securities Commission to cease being a reporting issuer in several Canadian provinces following its merger with NexPoint Hospitality Trust. If approved, this change will relieve NXDT of the obligation to file financial statements and continuous disclosure documents in Canada, although it will maintain its reporting duties in the United States. This move is expected to streamline NXDT’s operations by focusing its regulatory compliance efforts solely on U.S. requirements, potentially impacting Canadian stakeholders by shifting their access to disclosures to U.S. filings.
More about NexPoint Diversified Real Estate Trust
NexPoint Diversified Real Estate Trust (NYSE: NXDT) is a publicly traded, externally advised real estate investment trust (REIT) that focuses on acquiring, developing, and managing opportunistic and value-add investments across multiple sectors in the United States. The company is advised by NexPoint Real Estate Advisors X, L.P.
Average Trading Volume: 184,355
Current Market Cap: $198.8M
Learn more about NXDT stock on TipRanks’ Stock Analysis page.