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
PR Newswire
DALLAS, Dec. 4, 2024
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
View original content:SOURCE NexPoint Advisors, L.P.
