GRAPEVINE, Texas, Jan. 19, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the 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 share...
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GRAPEVINE, Texas, Jan. 08, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) reaffirms its recommendation that Trust shareholders reject the unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund ("NexPoint") to purchase all Trust common shares for $1.10 per share. The Trust’s Board...
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Grapevine, Texas, December 17, 2020 (GLOBE NEWSWIRE) – United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (the “Offeror”) to purchase all Trust common shares (the “Shares”) for $1.10 per share...
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GRAPEVINE, Texas, December 16, 2020 (PR Web) — United Development Funding IV (“UDF IV”) announced today that on December 15, 2020 its board of trustees authorized a cash distribution of $0.065 per share payable on December 31, 2020 to shareholders of record at the close of business on December 23,...
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GRAPEVINE, Texas, November 17, 2020 (PR Web) — United Development Funding IV (“UDF IV”) announced today that on November 13, 2020 its board of trustees authorized a cash distribution of $0.065 per share payable on December 11, 2020 to shareholders of record at the close of business on November 30,...
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GRAPEVINE, Texas, Sept. 11, 2020 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV”) announced today that on September 9, 2020 its board of trustees authorized a cash distribution of $0.065 per share payable on September 30, 2020 to shareholders of record at the close of business on September 23,...
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GRAPEVINE, Texas, Sept. 01, 2020 (GLOBE NEWSWIRE) -- United Development Funding IV (the “Trust” or “UDF IV,” and together with its affiliates “UDF”) issued a response on August 31, 2020 to NexPoint Advisors, L.P. (together with its affiliates “NexPoint”) regarding their request to inspect certain materials of the Trust (the...
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GRAPEVINE, Texas, April 27, 2020 (GLOBE NEWSWIRE) -- United Development Funding (“UDF,” as described below) announced today the Court of Appeals for the Fifth District of Texas at Dallas, (the “Appeals Court”) issued a mandate in the matter of United Development Funding, L.P., et. Al. versus J. Kyle Bass, et. al., affirming the decision by...
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GRAPEVINE, Texas, March 16, 2020 (GLOBE NEWSWIRE) -- United Development Funding (“UDF,” as described below) announced today the Supreme Court of Texas (the “Supreme Court”) denied Kyle Bass ("Bass") and Hayman Capital's ("Hayman," as described below, and together with Bass, "Bass/Hayman") petition to review the matter of J. Kyle Bass,...
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