NexPoint Alerts United Development Funding IV (UDF IV) Shareholders to Current Board's Red Flags, Including Track Record of Fraud and Value Destruction

Urges Shareholders to Vote for Board Change by Supporting NexPoint Nominees

DALLAS, Sept. 3, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") announced today that it has sent a letter to 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.