UDF IV shareholders may receive up to $5.89 per UDF share through a combination of: (i) pre-closing distributions of UDF IV’s own cash from its balance sheet, (ii) shares issued at closing by Ready Capital for UDF IV shares, and (iii) contingent value rights Visit www.udfivreadycapmerger.com for Voting Instructions and...
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IRVING, Texas, Jan. 27, 2024 (GLOBE NEWSWIRE) –United Development Funding Income Fund V (“UDF V”) announced today that on January 23, 2025, its board of trustees authorized a cash distribution of $2.37 per share payable on February 28, 2025, to shareholders of record at the close of business on February…
Preliminary Vote Count Indicates that Shareholders Who Submitted Votes Overwhelmingly Support Re-election of UDF IV Trustees Steven J. Finkle, Lawrence S. Jones, J. Heath Malone and Phillip K. Marshall Will Continue to Serve on the Board of Trustees IRVING, Texas, Dec. 11, 2024 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV”...
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UDF IV Board is Committed to Completing Value-Creating Transaction with Ready Capital Election of NexPoint’s Trustee Candidates Could Pose Significant Risk to Shareholders’ Investment IRVING, Texas, Dec. 10, 2024 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) today issued the following statement to shareholders ahead of...
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Voting “FOR” ONLY the Board’s Four Nominees on the WHITE proxy Card Will Help Ensure that Shareholders Realize the Significant Value Expected from UDF IV’s Transaction with Ready Capital Troubling Pattern of Value Destruction at NexPoint-Managed Funds Should Raise Concerns for Shareholders Visit UDFForshareholders.com for Voting Instructions and Other Information VIEW...
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IRVING, Texas, Dec 5, 2024 (GLOBE NEWSWIRE) — United DevelopmentFunding Income Fund V (“UDF V”) announced today that on November 7,2024, its board of trustees authorized a cash distribution of $1.016 per share payable on December 31, 2024, to shareholders of record at the close of business on December 24,…
IRVING, Texas, Dec. 4, 2024 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV”) announced today that on November 7, 2024, its board of trustees authorized a cash distribution of $0.065 per share, approximately $2 million in the aggregate, payable on December 31, 2024, to shareholders of record at the...
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Ready Capital and United Development Funding IV Announce Definitive Agreement for Ready Capital to Acquire United Development Funding IV Adds scale and extends Ready Capital’s core platform with UDF IV’s proven land development lending platform Diversifies Ready Capital’s portfolio and offers land development solution to borrowers and investors Expected...
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Highlights Poor Share Price Performance at Multiple NexPoint-Managed Funds Reiterates Concerns Regarding the Motivation of NexPoint’s Disruptive Campaign and the Potentially Disastrous Implications for UDF IV Shareholders if Successful Urges Shareholders to Vote FOR the Board’s Highly Qualified Trustee Nominees on the WHITE Proxy Card IRVING, Texas, Nov. 22, 2024...
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UDF IV is Monitoring Lawsuit Involving NexPoint Founder James Dondero and Trustee Nominee John Good Urges Shareholders to Vote FOR the Board’s Highly Qualified Trustee Nominees on the WHITE Proxy Card IRVING, Texas, Nov. 18, 2024 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) mailed a...
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