Learn How to Vote for Change in Critical Board
of Trustees Election
Hear from Nominee John A. Good on NexPoint's
Plan to Protect Your Interests and Maximize Value
DALLAS, Oct. 22,
2024 /PRNewswire/ -- NexPoint Real Estate
Opportunities, LLC (together with its affiliates "NexPoint")
announced it hosted an informational webinar for fellow
shareholders of United Development Funding IV ("UDF IV" or the
"Company"), a real estate investment trust, ahead of the Company's
upcoming Annual Meeting of Shareholders, which must be held on or
before December 31, 2024.
- The webinar, titled UDF IV Board of Trustees Election: A
Critical Vote for Your Investment, is available for replay
here: udfaccountability.com/webinar
UDF IV shareholders are encouraged to learn why this election
matters, how to vote, and how NexPoint's nominees would work to
create value and liquidity for UDF IV shareholders.
On the webinar, John A. Good, one
of four NexPoint nominees to UDF IV's Board of Trustees, discusses
his experience and NexPoint's plan to maximize shareholder value if
elected.
UDF IV's current Board of Trustees refuses to distance
themselves from former management who oversaw fraud
that resulted in a combined 20-year prison term and has used
millions in shareholder funds to continue supporting them. NexPoint
urges shareholders to vote for much needed change at UDF IV by
supporting its nominees: Paul S.
Broaddus, Edward N.
Constantino, John A. Good,
and Julie Silcock.
While UDF IV has not announced its Annual Meeting date,
shareholders can vote TODAY using NexPoint's GREEN
proxy materials to enact long overdue change and elect
Trustees who will work for all shareholders to maximize value at
UDF IV.
NexPoint encourages shareholders to visit udfaccountability.com
and complete the contact form to receive ongoing updates about the
Company and the upcoming Annual Meeting.
Shareholders can also contact NexPoint via email at
udfinvestors@nexpoint.com.
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:https://www.prnewswire.com/news-releases/udf-iv-shareholders-view-nexpoints-webinar-on-board-of-trustees-election-302283346.html
SOURCE NexPoint Advisors, L.P.