NexPoint Responds to United Development Funding IV's (UDF IV) Misleading Claims
NexPoint Real Estate Opportunities has issued a letter to United Development Funding IV (UDF IV) shareholders ahead of the upcoming Annual Meeting, addressing misleading statements by UDF IV. NexPoint urges shareholders to vote for its nominees: Paul S. Broaddus, Edward N. Constantino, John A. Good, and Julie Silcock, to implement a plan to maximize value for all shareholders.
NexPoint criticizes UDF IV's current Board for overseeing criminal and fraudulent behavior and eroding shareholder value. While the Annual Meeting date is not yet announced, shareholders can vote using NexPoint's GREEN proxy materials. NexPoint encourages shareholders to visit udfaccountability.com for updates and contact them at udfinvestors@nexpoint.com.
NexPoint Real Estate Opportunities ha inviato una lettera agli azionisti di United Development Funding IV (UDF IV) in vista della prossima Assemblea Annuale, affrontando affermazioni fuorvianti da parte di UDF IV. NexPoint esorta gli azionisti a votare per i propri candidati: Paul S. Broaddus, Edward N. Constantino, John A. Good e Julie Silcock, per mettere in atto un piano per massimizzare il valore per tutti gli azionisti.
NexPoint critica l'attuale Consiglio di UDF IV per aver supervisionato comportamenti criminali e fraudolenti e per aver eroso il valore degli azionisti. Sebbene la data dell’Assemblea Annuale non sia ancora stata annunciata, gli azionisti possono votare utilizzando i materiali di delega VERDI di NexPoint. NexPoint incoraggia gli azionisti a visitare udfaccountability.com per aggiornamenti e a contattarli all'indirizzo udfinvestors@nexpoint.com.
NexPoint Real Estate Opportunities ha emitido una carta a los accionistas de United Development Funding IV (UDF IV) antes de la próxima Reunión Anual, abordando declaraciones engañosas por parte de UDF IV. NexPoint insta a los accionistas a votar por sus nominados: Paul S. Broaddus, Edward N. Constantino, John A. Good y Julie Silcock, para implementar un plan que maximice el valor para todos los accionistas.
NexPoint critica a la actual Junta de UDF IV por supervisar comportamientos criminales y fraudulentos y por erosionar el valor de los accionistas. Aunque la fecha de la Reunión Anual aún no se ha anunciado, los accionistas pueden votar utilizando los materiales de poder VERDES de NexPoint. NexPoint anima a los accionistas a visitar udfaccountability.com para actualizaciones y a contactarlos en udfinvestors@nexpoint.com.
NexPoint Real Estate Opportunities는 다가오는 연례 회의에 앞서 United Development Funding IV (UDF IV) 주주들에게 오해의 소지가 있는 진술에 대해 언급하는 편지를 발송했습니다. NexPoint는 주주들에게 Paul S. Broaddus, Edward N. Constantino, John A. Good, Julie Silcock을 지명자로 추천하여 모든 주주를 위한 가치를 극대화하는 계획을 실행할 것을 촉구합니다.
NexPoint는 UDF IV의 현 이사회가 범죄 및 사기 행위를 감독하고 주주 가치를 침식했다고 비판합니다. 연례 회의 날짜는 아직 발표되지 않았지만, 주주들은 NexPoint의 녹색 대리인 자료를 사용하여 투표할 수 있습니다. NexPoint는 주주들에게 udfaccountability.com을 방문하여 업데이트를 확인하고 udfinvestors@nexpoint.com으로 연락할 것을 권장합니다.
NexPoint Real Estate Opportunities a envoyé une lettre aux actionnaires de United Development Funding IV (UDF IV) avant la prochaine Assemblée Annuelle, abordant les débats trompeurs de UDF IV. NexPoint exhorte les actionnaires à voter pour ses candidats : Paul S. Broaddus, Edward N. Constantino, John A. Good et Julie Silcock, afin de mettre en œuvre un plan visant à maximiser la valeur pour tous les actionnaires.
NexPoint critique le conseil actuel d'UDF IV pour avoir supervisé des comportements criminels et frauduleux et érodé la valeur des actionnaires. Bien que la date de l'Assemblée Annuelle ne soit pas encore annoncée, les actionnaires peuvent voter en utilisant les documents de procuration VERTS de NexPoint. NexPoint encourage les actionnaires à visiter udfaccountability.com pour des mises à jour et à les contacter à l'adresse udfinvestors@nexpoint.com.
NexPoint Real Estate Opportunities hat einen Brief an die Aktionäre von United Development Funding IV (UDF IV) vor der bevorstehenden Hauptversammlung verschickt, in dem es auf irreführende Aussagen von UDF IV eingeht. NexPoint fordert die Aktionäre auf, für seine vorgeschlagenen Kandidaten Paul S. Broaddus, Edward N. Constantino, John A. Good und Julie Silcock zu stimmen, um einen Plan zur Wertmaximierung für alle Aktionäre umzusetzen.
NexPoint kritisiert den aktuellen Vorstand von UDF IV dafür, kriminelles und betrügerisches Verhalten zu überwachen und den Aktionärswert zu verringern. Obwohl das Datum der Hauptversammlung noch nicht bekannt gegeben wurde, können die Aktionäre mit den GRÜNEN Stimmunterlagen von NexPoint abstimmen. NexPoint ermutigt die Aktionäre, udfaccountability.com für Updates zu besuchen und sie unter udfinvestors@nexpoint.com zu kontaktieren.
- NexPoint proposes a plan to maximize shareholder value
- NexPoint offers shareholders a choice for new board members
- UDF IV's current Board accused of overseeing criminal and fraudulent behavior
- Allegations of shareholder value erosion under current UDF IV management
Vote for NexPoint Nominees to Protect Your Interests and Maximize Value
NexPoint's letter addresses numerous misleading statements by UDF IV intended to distract shareholders from the Board of Trustees' many failures. If elected, NexPoint's nominees will implement a plan to maximize value for all shareholders. 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, and rejecting UDF IV's current Board, which has overseen criminal and fraudulent behavior and eroded shareholder value.
Shareholders can read the full letter HERE.
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
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SOURCE NexPoint Advisors, L.P.
FAQ
When is UDF IV's Annual Meeting of Shareholders scheduled for 2024?
Who are NexPoint's nominees for UDF IV's Board of Trustees?
How can shareholders vote for NexPoint's nominees for UDF IV?
Where can shareholders find updates about UDF IV and the upcoming Annual Meeting?
