NexPoint REIT Reports on Shareholder Votes

TL;DR

NXDT filed an 8-K on shareholder votes from June 11th.

AI Summary

NexPoint Diversified Real Estate Trust (NXDT) filed an 8-K on June 12, 2024, reporting on matters submitted to a vote of security holders on June 11, 2024. The filing details the company's structure and previous name changes, including its former identities as NexPoint Strategic Opportunities Fund, NexPoint Credit Strategies Fund, and Pyxis Credit Strategies Fund.

Why It Matters

This filing indicates that important decisions requiring shareholder approval have been made, which could impact the future direction and governance of the real estate trust.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of matters submitted to a vote of security holders and does not contain new financial or operational risks.

Key Players & Entities

• NexPoint Diversified Real Estate Trust (company) — Registrant
• June 11, 2024 (date) — Date of earliest event reported
• June 12, 2024 (date) — Date of report
• NexPoint Strategic Opportunities Fund (company) — Former company name
• NexPoint Credit Strategies Fund (company) — Former company name
• Pyxis Credit Strategies Fund (company) — Former company name

FAQ

Key Financial Figures

• $0.001 — e on which registered Common Shares , $0.001 par value NXDT New York Stock Exchan
• $25.00 — d Shares , par value $0.001 per share ($25.00 liquidation preference per share) NXDT

Filing Documents

• nexsof20240612_8k.htm (8-K) — 54KB
• 0001437749-24-020090.txt ( ) — 200KB
• nxdt-20240611.xsd (EX-101.SCH) — 4KB
• nxdt-20240611_def.xml (EX-101.DEF) — 13KB
• nxdt-20240611_lab.xml (EX-101.LAB) — 17KB
• nxdt-20240611_pre.xml (EX-101.PRE) — 13KB
• nexsof20240612_8k_htm.xml (XML) — 5KB

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. On June 11, 2024, NexPoint Diversified Real Estate Trust (the "Company") held its Annual Meeting of Shareholders. The below matters were submitted for approval by the Company's shareholders, as more fully described in the Company's proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 22, 2024. The number of the Company's common shares entitled to vote at the Company's 2024 Annual Meeting of Shareholders was 39,301,419, and the number of the Company's 5.50% Series A Cumulative Preferred Shares, par value $0.001 per share, liquidation preference $25.00 per share, entitled to vote at the Company's 2024 Annual Meeting of Shareholders was 3,359,593, representing the number of shares outstanding as of April 1, 2024, the record date for the annual meeting. The results of each matter voted on were as follows: 1. Election of trustees . The following trustees were elected for terms expiring at the 2024 annual meeting of shareholders: Votes For Votes Withheld Broker Non-Votes James Dondero 18,354,187 2,223,094 10,809,372 Brian Mitts 18,018,465 2,558,816 10,809,372 Edward Constantino 14,627,145 5,950,136 10,809,372 Scott Kavanaugh 13,039,461 7,537,820 10,809,372 Arthur Laffer 15,499,468 5,077,813 10,809,372 Carol Swain 15,098,637 5,478,643 10,809,372 Catherine Wood 13,519,170 7,048,110 10,809,372 2. Approval, on an advisory basis, of the compensation of the Company ' s named executive officers . The compensation of the Company's named executive officers was approved. Votes For Votes Against Abstentions Broker Non-Votes 17,128,536 3,148,354 300,390 10,809,372 3. Ratification of the appointment of KPMG LLP as the Company ' s independent registered public accounting firm for 2024 . The appointment was ratified. Votes For Votes Against Abstentions Broker Non-Votes 30,930,654 286,351 169,648 0 1 S

View Full Filing

View this 8-K filing on SEC EDGAR