UDF IV News

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...

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...

GRAPEVINE, Texas, July 06, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the sixth 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, June 02, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the fifth 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, 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...

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...