Skip to main content

Nexpoint Hospitality Trust USD(NHT-U-X)
TSX Venture

Today's Change
Delayed Last Update

NexPoint Hospitality Trust Issues Clarifying and Supplemental Disclosure

Newswire.ca - Thu Oct 19, 2023

DALLAS and TORONTO, Oct. 19, 2023 /CNW/ -- NexPoint Hospitality Trust ("NHT" or the "REIT") (TSX-V: NHT.U) has received requests for (i) clarification regarding its previous disclosure relating to the approximate US$87 million of convertible loans provided by entities controlled or managed by James Dondero primarily during the COVID-19 pandemic (the "Loans"); and (ii) supplemental disclosure to its management information circular dated September 11, 2023 (the "Circular") regarding the process undertaken with the TSX Venture Exchange (the "TSXV") whereby the TSXV requested amendments to the Loans issued between June 2021 and September 2022 in the aggregate amount of US$56,165,000 (the "COVID Loans").

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

More from The Globe