NexPoint Proposes Board Nominees to Ensure Shareholder Interests at UDF IV

In a bid to protect shareholder interests and potentially enhance value, NexPoint Advisors has recently challenged the statements made by United Development Funding IV (UDF IV) by presenting its slate of nominees for the company's board of directors. NexPoint expresses concern over what they describe as 'misleading claims' by UDF IV, suggesting that a revamped board could bring better oversight and strategy alignment. This move aligns with NexPoint's strategy to increase transparency and improve outcomes for all stakeholders involved, particularly the shareholders of UDF IV and NexPoint's publicly traded vehicle, NexPoint Diversified Real (NYSE:NXDT.

The Importance of Solid Governance

NexPoint underscores the significance of solid corporate governance to ensure that companies remain accountable to their shareholders. NexPoint's nominees are put forth as individuals with the necessary expertise and experience to offer this level of oversight. The goal, NexPoint asserts, is to create a board that can accurately assess and guide the company's operations, ensuring that UDF IV can thrive in a competitive environment and ultimately provide a better return for investors.

A Call to Action for Shareholders

Alongside presenting its nominees, NexPoint calls upon UDF IV shareholders to participate actively in the upcoming vote, emphasizing the message 'Vote for NexPoint Nominees to Protect Your Interests and Maximize Value'. NexPoint believes that through shareholder support for its nominees, there exists an opportunity to rectify the direction of UDF IV and safeguard the interests of all parties invested in the success of both UDF IV and NXDT. The appeal reflects the broader trend in the investment community for active shareholder engagement as a means of influencing corporate governance decisions.

Vote, Nominees, Shareholders