NexPoint Diversified Real Estate Trust applies to cease reporting in Canada

NexPoint Diversified Real Estate Trust (NXDT)has applied to the Ontario Securities Commission for an order to cease to be a reporting issuer in Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Ontario, Prince Edward Island and Saskatchewan. NXDT has made this application following the completion of the merger transaction with NexPoint Hospitality Trust that resulted in NXDT becoming a reporting issuer in Canada. If the OSC grants the Order Sought, NXDT will cease to be a reporting issuer in any jurisdiction of Canada. As a result, NXDT will no longer be required to file financial statements and other continuous disclosure documents in Canada pursuant to Canadian securities laws. A decision by the OSC to permit NXDT to cease to be a reporting issuer in Canada will not affect NXDT’s listings on the NYSE or its reporting obligations in the U.S. Canadian resident securityholders will continue to have access to all financial statements and other continuous disclosure documents required to be filed publicly by NXDT under U.S. securities laws and the rules of the NYSE.