Skip to main content
Category

All News

United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Fourth Extended Hostile Tender Offer; Provides Supplemental Information

By All News, UDF IV News
GRAPEVINE, Texas, May 03, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the fourth 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...
Read More

Court Rules in Favor of United Development Funding IV; Grants Motion to Dismiss Lawsuit Brought by NexPoint Advisors, L.P.

By All News, UDF IV News
GRAPEVINE, Texas, April 29, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced today that District Judge David L. Evans of the 48th Judicial District Court (the “Court”) ruled in favor of the Trust in the matter of NexPoint Advisors, L.P. (“NexPoint”) vs. United Development...
Read More

United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Third Extended Hostile Tender Offer; Provides Supplemental Information

By All News, UDF IV News
GRAPEVINE, Texas, March 18, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the third 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...
Read More

United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Second Extended Hostile Tender Offer; Provides Supplemental Information

By All News, UDF IV News
GRAPEVINE, Texas, Feb. 16, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the second 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...
Read More

United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Extended Hostile Tender Offer; Provides Supplemental Information

By All News, UDF IV News
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...
Read More

United Development Funding IV Reaffirms its Recommendation that Shareholders Reject Hedge Fund NexPoint’s Hostile Tender Offer; Announces Lower Ownership Limit and Adoption of Exclusive Forum Bylaw

By All News, UDF IV News
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...
Read More

United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Hostile Tender Offer

By All News, UDF IV News
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...
Read More