The Trust will hold its 2024 Annual Meeting of Shareholders on December 10, 2024, at 10:00 AM CST.
Vote FOR the four nominees proposed by the UDF IV Board on the WHITE proxy card to ensure the Trust can continue to build on its record of delivering advanced shareholder returns.
Remember that only your latest dated proxy counts and that a vote on the green proxy card to “WITHHOLD” on the NexPoint nominees could revoke your votes “FOR” the UDF IV nominees on the WHITE proxy card. Please simply discard any green proxy card sent to you by NexPoint and vote every UDF IV WHITE proxy card you receive as you may hold your shares in multiple accounts.
Despite our work to protect your investment, NexPoint Real Estate Opportunities, LLC, an indirect subsidiary of NexPoint Diversified Real Estate Trust (NXDT), and its affiliates (collectively, “NexPoint”) continue to pursue a self-interested campaign at the expense of all UDF IV shareholders.
NexPoint has submitted nominations for a controlling slate of dissident trustees for election at the 2024 Annual Meeting of Shareholders, which will be held on December 10, 2024 at 10:00 AM CST. This is simply the latest step in NexPoint’s ongoing, self-interested campaign, which we believe is aimed at extracting the value of the Trust’s portfolio for its own benefit and to the detriment of all other shareholders. Their recent proxy materials confirmed our suspicions, as they do not present a single viable plan that we believe would enhance value.
We urge you to vote “FOR” ONLY the four nominees proposed by the Board of Trustees on the WHITE proxy card included in the enclosed UDF IV proxy materials.
Shareholders have the opportunity to continue UDF IV’s work to protect and enhance shareholder value by reelecting the four independent Trustees- Steven J. Finkle, Lawrence S. Jones, J. Heath Malone and Phillip K. Marshall– who oversee our efforts to protect the value of your investment. We urge you to vote “FOR” ONLY the four nominees proposed by the Board of Trustees on the WHITE proxy card included in the enclosed UDF IV proxy materials.
UDF IV shareholders as of the close of business on November 12, 2024, the record date, are entitled to vote their shares at the Annual Meeting or to submit a proxy before the Annual Meeting.
You will likely continue to receive materials from NexPoint with fictitious claims regarding the Trust as well as our Board and management team. We expect that NexPoint will continue to twist the facts and rehash old events in an attempt to fearmonger and deceive you into supporting their misguided and malicious campaign. Please discard any green or other color proxy card sent to you by NexPoint as it may not include the accurate and complete information to which shareholders are entitled.