IRVING, Texas, June 07, 2023 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) announced today that on June 6, 2023, its board of trustees authorized a cash distribution of $0.065 per share payable on June 30, 2023, to shareholders of record at the close of business on June 23, 2023….
IRVING, Texas, March 01, 2023 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) announced today that on February 22, 2023, its board of trustees authorized a cash distribution of $0.065 per share payable on March 31,2023, to shareholders of record at the close of business on March 24, 2023. United Development Funding…
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, May 31, 2022 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) announced today that on May 27, 2022, its board of trustees authorized a cash distribution of $0.065 per share payable on June 30, 2022, to shareholders of record at the close of business on June 23,…
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, 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…