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NexPoint Hospitality Trust withdraws $1.1B best-efforts registration statement
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Dallas-based NexPoint Hospitality Trust Inc. withdrew a registration statement filed Feb. 25, 2015, for a best-efforts offering of up to $1.1 billion in shares of class A and class T common stock.
The company said the withdrawal is due to prevailing market conditions. No securities were issued or sold under the statement, and it has not been declared effective by the SEC, according to a filing.