GRAPEVINE, Texas, Jan. 24, 2022 (GLOBE NEWSWIRE) — Pending appeal of the recent conviction of two executives associated with United Development Funding IV (“UDF IV”) and United Development Funding Income Fund V (“UDF V” and together the “Trusts”), the Trusts announced the following management and Board of Trustee changes effective…
GRAPEVINE, Texas, Jan. 19, 2022 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the twelfth extended unsolicited tender offer made by hedge fund NexPoint Diversified Real Estate Trust (NexPoint), formerly the NexPoint Strategic Opportunities Fund, to purchase all Trust…
GRAPEVINE, Texas, Dec. 23, 2021 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the eleventh 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…
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…
