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exPoint Diversified Real Estate Trust (NYSE: NXDT) has applied to the Ontario Securities Commission for an order to cease being a reporting issuer in nine Canadian provinces. This decision follows the completion of its merger with NexPoint Hospitality Trust, which resulted in NXDT becoming a reporting issuer in Canada.

    If granted, the order would allow NXDT to stop filing financial statements and other continuous disclosure documents in Canada under Canadian securities laws. However, this change will not affect NXDT's listings on the New York Stock Exchange or its reporting obligations in the United States.

    Canadian resident securityholders will continue to have access to all required financial statements and continuous disclosure documents through US securities laws and NYSE rules. These documents are available at sec.gov and nxdt.nexpoint.com.

    NexPoint Diversified Real Estate Trust is an externally advised, publicly traded REIT focused on acquiring, developing, and managing opportunistic investments in the United States across multiple sectors where NexPoint has operational expertise.

    This news release includes forward-looking information based on management's current expectations. Readers are cautioned not to place undue reliance on this information, as it involves known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied.