GRAPEVINE, Texas, Dec. 02, 2021 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) announced today that on November 29, 2021 its board of trustees authorized a cash distribution of $0.065 per share payable on December 30, 2021 to shareholders of record at the close of business on December 23,…
GRAPEVINE, Texas, Nov. 29, 2021 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the tenth extended unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (“NexPoint”) to purchase all Trust common shares (the “Shares”) for $1.10 per…
