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UDF IV News

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...
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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...
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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...
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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...
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