Call Will Take Place on Friday, December 6 at 11:00 a.m. CST / 12:00
p.m. EST
NexPoint to Discuss Transaction's Impact to
UDF IV Shareholders and Implications for Election and Annual
Meeting Next Week
DALLAS, Dec. 4, 2024
/PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together
with its affiliates "NexPoint") today announced that it will hold a
video call for shareholders of United Development Funding IV ("UDF
IV" or the "Company") to provide updates on the Board of Trustees
election and Annual Meeting.
On the call, members of the NexPoint leadership team will
discuss the proposed acquisition of UDF IV by Ready Capital
Corporation ("Ready Capital"), which was announced earlier this
week.
Call Details and Registration Information:
- The call is scheduled for Friday,
December 6 at 11:00 a.m. CST /
12:00 p.m. EST.
- To register,
visit: udfaccountability.com/dec-6-update
Attendees can submit questions ahead of time using the
registration link or via email at ir@nexpoint.com.
The call seeks to ensure UDF IV shareholders, as well as
financial advisors and other shareholder representatives, have
complete and accurate information to vote in the critical election
for the UDF IV Board of Trustees at the Annual Meeting of
Shareholders next week.
For more information on the election and upcoming meeting, visit
udfaccountability.com/2024-annual-meeting.
About NexPoint
NexPoint Real Estate Opportunities, LLC is a wholly owned
subsidiary of NexPoint Diversified Real Estate Trust, Inc. (NYSE:
NXDT), an affiliate of NexPoint Advisors, L.P.
NexPoint Advisors, L.P. is an SEC-registered adviser on the
NexPoint alternative investment platform. It serves as the adviser
to a suite of funds and investment vehicles, including a closed-end
fund, interval fund, business development company, and various real
estate vehicles. For more information visit www.nexpoint.com
IMPORTANT INFORMATION
NexPoint Real Estate Opportunities, LLC ("NexPoint") intends to
deliver a proxy statement with respect to its solicitation of
proxies for nominees to be elected to the United Development
Funding IV ("UDF IV") Board of Trustees at the Annual Meeting of
Shareholders of UDF IV. The date for the Annual Meeting has not yet
been set and NexPoint is not soliciting proxies at this time.
INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE NEXPOINT PROXY
STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) WHEN
AVAILABLE IN ITS ENTIRETY BECAUSE IT WILL CONTAIN IMPORTANT
INFORMATION ABOUT ANY SOLICITATION. Copies of the documents will be
made available free of charge from NexPoint by accessing the
website www.udfaccountability.com.
NexPoint, its affiliates, their directors and executive officers
and other members of management and employees may be participants
(collectively "Participants") in the solicitation of proxies by
NexPoint. Information about NexPoint's nominees to the UDF IV Board
of Trustees and information regarding the direct or indirect
interests in UDF IV, by security holdings or otherwise, of
NexPoint, the other Participants and NexPoint's nominees will be
available in the proxy statement. NexPoint's disclosure of any
security holdings will be based on information made available to
NexPoint by such Participants and nominees. UDF IV is no longer
subject to the reporting requirements of the Securities Exchange
Act of 1934, as amended. Consequently, NexPoint's knowledge of
significant security holders of UDF IV and as to UDF IV itself is
limited.
CONTACT INFORMATION
UDF IV Investor
Contacts
Chuck Garske /
Jeremy Provost / Theo Caminiti (Okapi Partners):
Email: info@okapipartners.com
Phone: (212) 297-0720
For Additional Information/Updates on UDF IV
Website:
www.udfaccountability.com
Email: udfinvestors@nexpoint.com
Media Contacts
Lucy
Bannon (NexPoint): lbannon@nexpoint.com
Paul Caminiti/Pamela Greene (Reevemark):
nexpointteam@reevemark.com
NexPoint Investor Relations
Kristen Thomas: ir@nexpoint.com
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content:https://www.prnewswire.com/news-releases/nexpoint-to-hold-video-call-for-udf-iv-shareholders-on-friday-december-6-to-provide-updates-on-transaction-with-ready-capital-and-upcoming-board-election-and-annual-meeting-302323106.html
SOURCE NexPoint Advisors, L.P.
