NexPoint Strategic Opportunities Fund NXDT

election_required = True...orth below: • First: from all holders of “odd lots” of less than 100 Common Shares who (i) validly tender all of their Common Shares at or below the Purchase Price, (ii) do not properly withdraw them before the Expiration Date for the Exchange Offer and (iii) complete the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, the Notice of Guaranteed Delivery; • Second: subject to the conditional tender provisions described below, we will purchase all other Common Shares validly tendered at prices at or below the Purchase Price and not properly withdrawn on a pro rata basis to avoid the issuance of fractional Series A Preferred Shares; and...

expiry = 2020-12-10...ON SHARES, PAR VALUE $0.001 PER SHARE, FOR 5.50% SERIES A CUMULATIVE PREFERRED SHARES, PAR VALUE $0.001 AND LIQUIDATION PREFERENCE $25.00 PER SHARE AND CASH Dated October 30, 2020 THIS EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON DECEMBER 10, 2020, UNLESS THE EXCHANGE OFFER IS EXTENDED (SUCH DATE AND TIME, AS IT MAY BE EXTENDED, THE “EXPIRATION DATE”). To the Shareholders of NexPoint Strategic Opportunities Fund: NexPoint Strategic Opportunities Fund, a Delaware statutory trust (the...

listed = True...r and administrator of the Company. Throughout this Offer to Exchange, we refer to NexPoint Strategic Opportunities Fund as the “Company” or as “we.” The Company’s outstanding common shares of beneficial interest (“Common Shares”), par value $0.001 per share, are listed on the New York Stock Exchange (“NYSE”) under the symbol “NHF.” At a special meeting of shareholders on August 28, 2020, shareholders approved proposals to (i) to change the Company’s business from a registered investment company that invests primarily in debt and equity securities to a diversified REIT, (ii) to amend the Company’s fundamental investment restrictions...

mechanism = DUTCH...should evaluate the specific factors set forth under “Risk Factors and Special Considerations” before deciding whether to participate in the Exchange Offer. Terms of the Exchange Offer We are conducting the Exchange Offer through a procedure commonly called a modified “Dutch Auction.” This procedure allows you to select the price per Common Share (in increments of $0.25) within a price range specified by us at which you are willing to sell your Common Shares. The price range for the Exchange Offer is $10.00 to $12.00 per Common Share. We will determine the Purchase Price that we will pay per Common Share promptly af...

price = USD 10.0-12.0...is procedure allows you to select the price per Common Share (in increments of $0.25) within a price range specified by us at which you are willing to sell your Common Shares. The price range for the Exchange Offer is $10.00 to $12.00 per Common Share. We will determine the Purchase Price that we will pay per Common Share promptly after the Expiration Date. The Purchase Price will be the lowest price within the specified range that will allow us to p...

threshold = 100...or below the Purchase Price. Odd Lots. The term “odd lots” means, with respect to Common Shares, all Common Shares validly tendered prior to the applicable Expiration Date at prices at or below the Purchase Price and not properly withdrawn by any person (an “Odd Lot Holder”) who beneficially owned fewer than 100 Common Shares, as the case may be, and so certified in the appropriate place in the Letter of Transmittal and, if applicable, in the Notice of Guaranteed Delivery. To qualify for the odd lot priority with respect to the Exchange Offer, an Odd Lot Holder must tender all Common Shares, as applicable, owned by the Odd Lot Holder in accordance with the pr...

txn_type = TENDER_OFFER...s under the Exchange Offer, the Depositary may retain tendered Common Shares, and that Common Shares may not be withdrawn except as otherwise provided in this Offer to Exchange, subject to provisions under the Exchange Act that provide that an issuer making a tender offer shall either pay the consideration offered or return tendered securities promptly after the termination or withdrawal of the tender offer. All questions as to the validity, form and eligibility, including time or receipt, of notices of withdrawal will be determined by us. Our determination will be final and binding on all parties, subjec...