GRAPEVINE, Texas, Nov. 30, 2022 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) announced today that on November 10, 2022, its board of trustees authorized a cash distribution of $0.065 per share payable on December 30, 2022, to shareholders of record at the close of business on December 23,…
This letter provides an update regarding events, including a financial update, a portfolio update, updates regarding distributions, the UDF Fair Fund, the hostile tender offer for UDF IV’s common shares and the status of outstanding litigation involving UDF.
GRAPEVINE, Texas, August 22, 2022 (GLOBE NEWSWIRE)— United Development Funding IV (“UDF IV”) announced today that on August 19, 2022, its board of trustees authorized a cash distribution of $0.065 per share payable on September 30, 2022, to shareholders of record at the close of business on September 23, 2022….
GRAPEVINE, Texas, February 28, 2022 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) announced today that on February 24, 2022 its board of trustees authorized a cash distribution of $0.065 per share payable on March 31, 2022 to shareholders of record at the close of business on March 24, 2022….
UDF IV Recommends Shareholders Reject Hedge Fund NexPoint’s Thirteenth Extended Hostile Tender Offer
GRAPEVINE, Texas, Feb. 17, 2022 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the thirteenth extended unsolicited tender offer made by hedge fund NexPoint Diversified Real Estate Trust (NexPoint), formerly the NexPoint Strategic Opportunities Fund, to purchase all Trust common…
GRAPEVINE, Texas, Oct. 25, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the ninth 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...
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GRAPEVINE, Texas, Sept. 27, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the eighth 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...
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GRAPEVINE, Texas, Aug. 12, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV”) announced today that on August 9, 2021 its board of trustees authorized a cash distribution of $0.065 per share payable on September 30, 2021 to shareholders of record at the close of business on September 23,...
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GRAPEVINE, Texas, Aug. 10, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the seventh 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...
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