NXDT Enters Material Definitive Agreement
Ticker: NXDT-PA · Form: 8-K · Filed: Sep 19, 2025 · CIK: 1356115
Sentiment: neutral
Topics: material-agreement, filing-update, real-estate
Related Tickers: NXDT
TL;DR
NXDT signed a big deal, filing shows new agreement details.
AI Summary
On September 19, 2025, NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT) entered into a material definitive agreement. The filing also includes financial statements and exhibits related to this agreement. The company was formerly known as NexPoint Strategic Opportunities Fund and NexPoint Credit Strategies Fund.
Why It Matters
This filing indicates a significant new contract or partnership for NXDT, which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can introduce new risks and opportunities that may affect the company's financial stability and market position.
Key Players & Entities
- NEXPOINT DIVERSIFIED REAL ESTATE TRUST (company) — Registrant
- September 19, 2025 (date) — Date of earliest event reported
- 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
What is the nature of the material definitive agreement entered into by NXDT?
The filing states that NXDT entered into a material definitive agreement on September 19, 2025, but the specific details of the agreement are not provided in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on September 19, 2025.
What were the previous names of NEXPOINT DIVERSIFIED REAL ESTATE TRUST?
NEXPOINT DIVERSIFIED REAL ESTATE TRUST was formerly known as NexPoint Strategic Opportunities Fund, NexPoint Credit Strategies Fund, and Pyxis Credit Strategies Fund.
What is the Standard Industrial Classification (SIC) code for NXDT?
The SIC code for NXDT is 6798, which corresponds to Real Estate Investment Trusts.
What items are included in this 8-K filing?
This 8-K filing includes information on the 'Entry into a Material Definitive Agreement' and 'Financial Statements and Exhibits'.
Filing Stats: 761 words · 3 min read · ~3 pages · Grade level 12.8 · Accepted 2025-09-19 16:10:33
Key Financial Figures
- $0.001 — on which registered Common Shares, $0.001 par value $0.001 per share NXDT New
- $25.00 — red Shares, par value $0.001 per share ($25.00 liquidation preference per share) NXD
Filing Documents
- nexsof20250919_8k.htm (8-K) — 32KB
- ex_863059.htm (EX-10.1) — 29KB
- 0001437749-25-029491.txt ( ) — 213KB
- nxdt-20250919.xsd (EX-101.SCH) — 4KB
- nxdt-20250919_def.xml (EX-101.DEF) — 13KB
- nxdt-20250919_lab.xml (EX-101.LAB) — 18KB
- nxdt-20250919_pre.xml (EX-101.PRE) — 13KB
- nexsof20250919_8k_htm.xml (XML) — 5KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. Amendment to the Advisory Agreement On September 19, 2025 NexPoint Diversified Real Estate Trust (the "Company") and NexPoint Real Estate Advisors X, L.P. (the "Adviser") entered into an amendment (the "Advisory Agreement Amendment") to the Advisory Agreement, dated July 1, 2022, by and between the Company and the Adviser, as amended by that First Amendment to Advisory Agreement, dated October 25, 2022, as further amended by that Second Amendment to Advisory Agreement, dated April 11, 2023, and as further amended by that Third Amendment to Advisory Agreement, dated July 22, 2024, by and between the Company and the Adviser (the "Advisory Agreement"). The Advisory Agreement Amendment changes the structure of the fees which the Company pays to the Adviser each month such that the monthly installment of fees shall be paid in cash unless the Adviser elects, in its sole discretion, to receive all or a portion of the monthly installment of the fees in common shares, par value $0.001 per share, of the Company ("Common Shares"), subject to certain restrictions, including that in no event shall the Common Shares issued to the Adviser under the Advisory Agreement exceed 6,000,000 Common Shares. The Amendment also clarifies that the Adviser may defer its right to payment of the fees and expense reimbursements under the Advisory Agreement, and provides that interest shall not accrue on such deferred amounts. In compliance with the Company's Related Party Transaction Policy, the Advisory Agreement Amendment was reviewed and approved by the Audit Committee of the Board of Trustees of the Company. The description of the material terms of the Advisory Agreement Amendment is qualified in its entirety by reference to the Advisory Agreement Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is hereby incorporated by reference into this Item 1.01. For additional information regarding the Advisory
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit Number Exhibit Description 10.1 Fourth Amendment to Advisory Agreement of NexPoint Diversified Real Estate Trust 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NEXPOINT DIVERSIFIED REAL ESTATE TRUST /s/ Paul Richards Name: Paul Richards Title: Chief Financial Officer, Executive VP- Finance, Treasurer and Assistant Secretary Date: September 19, 2025