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UDF IV News

United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Ninth Extended Hostile Tender Offer; James Dondero alleged to have ‘siphoned’ millions from his former company, Highland Capital Management, L.P.

By UDF IV News
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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United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Eighth Extended Hostile Tender Offer

By All News, 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...
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United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Seventh Extended Hostile Tender Offer

By All News, UDF IV News
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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United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Sixth Extended Hostile Tender Offer

By All News, UDF IV News
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...
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United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Fifth Extended Hostile Tender Offer; Provides Supplemental Information

By All News, UDF IV News
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...
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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...
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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...
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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...
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