NEXPOINT DIVERSIFIED REAL ESTATE TRUST
For the period ended Jun 30, 2025. Filed Aug 14, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 14, 2025
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2025-03-31; filed 2025-05-15.
0001356115-25-000014
Item 1A. Risk FactorsUnregistered Sale of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity SecuritiesMine Safety DisclosuresCurrent report: 10-Q
Period ended 2025-06-30; filed 2025-08-14.
0001356115-25-000021
Item 1A. Risk FactorsUnregistered Sale of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity SecuritiesMine Safety DisclosuresThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 13 previous paragraphs and 11 current paragraphs.
9 unchanged; 1 reworded; 1 added; 3 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 3 previous and 3 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
The current filing states there were no material changes to risk factors.
This is the filer’s own statement, not a conclusion from the comparison. Read its qualifications and the report it references.
Current filing’s statement
There have been no material changes to the risk factors previously disclosed under Part I, Item 1A, “Risk Factors” in our Annual Report on Form 10-K filed with the SEC on March 31, 2025.
Added paragraphs (1)
Removed paragraphs (3)
Previous report
On May 15, 2025, the Company entered into an amendment to the NexBank Revolver with NexBank (the “NexBank Amendment”), pursuant to which the maturity date of the NexBank Revolver was extended to November 21, 2025. Additionally, the NexBank Amendment provides for three additional six-month extension options that may be exercised by the Company. The NexBank Amendment otherwise does not amend the terms of the NexBank Revolver.
Previous report
A trustee and officer of the Company also (i) is the beneficiary of a trust that indirectly owns 100% of the limited partnership interests in the parent of the Adviser and directly owns 100% of the general partnership interests in the parent of the Adviser and (ii) is a director of NexBank Capital, the holding company of NexBank, directly owns a minority of the common stock of NexBank, and is the beneficiary of a trust that directly owns a substantial portion of the common stock of NexBank.
Previous report
The foregoing description of the NexBank Amendment is a summary and is qualified in its entirety by reference to the full texts of the NexBank Amendment, which is filed as Exhibit 10.2 to this Form 10-Q.
Reworded paragraphs (1)
Previous wording
On January 31, 2025, the Company issued a total of 257,552.62 common shares of the Company to the Adviser as payment of a portion of the monthly Advisory Fees pursuant to the Advisory Agreement. These shares were issued in a private placement and the proceeds were used to support the ongoing operations of the Company. The Company issued the common shares to the Adviser in reliance upon Section 4(a)(2) of the Securities Act.
Current wording
On May 15, 2025, the Company issued a total of 298,888.28 common shares of the Company to the Adviser as payment of a portion of the monthly Advisory Fees pursuant to the Advisory Agreement. These shares were issued in a private placement and the proceeds were used to support the ongoing operations of the Company. The Company issued the common shares to the Adviser in reliance upon Section 4(a)(2) of the Securities Act.