NexPoint Comments on Cancellation of United Development Funding IV (UDF IV) 2024 Annual Meeting
NexPoint Diversified Real Estate Trust (NXDT)
Company Research
Source: PR Newswire
UDF IV's Plan "Not to Reconvene the Annual Meeting" is Unacceptable Outcome for ShareholdersNexPoint Urges UDF IV to Reconvene Meeting Following Full Disclosure of Ready Capital Transaction Details and to Disclose Amount of Shareholder Funds Used on Advisors for an Annual Meeting it has Failed to Hold DALLAS, Dec. 12, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") today issued a statement regarding the "adjournment" of the United Development Funding IV ("UDF IV" or the "Company") Annual Meeting of Shareholders ("Annual Meeting") due to a lack of quorum and the Company's statement that it will not reconvene the Meeting.NexPoint provided the following comment:"We are deeply alarmed by UDF IV's announcement that it will not reconvene the Annual Meeting after failing to meet the quorum threshold. This decision exemplifies UDF IV's governance failures and unwillingness to engage with shareholders. This outcome also raises serious conc
Show less
Read more
Impact Snapshot
Event Time:
NXDT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NXDT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NXDT alerts
High impacting NexPoint Diversified Real Estate Trust news events
Weekly update
A roundup of the hottest topics
NXDT
News
- NexPoint Comments on United Development Funding IV (UDF IV) Annual MeetingPR Newswire
- Independent Proxy Advisory Firm Egan-Jones Supports ALL NexPoint Nominees for UDF IV Annual MeetingPR Newswire
- NexPoint to Hold Video Call for UDF IV Shareholders on Friday, December 6 to Provide Updates on Transaction with Ready Capital and Upcoming Board Election and Annual MeetingPR Newswire
- NexPoint Comments on Proposed Acquisition of UDF IV by Ready CapitalPR Newswire
- Shareholder Alert: Ademi LLP investigates whether NexPoint Diversified Real Estate Trust is Overpaying for its Affiliate NexPoint Hospitality TrustBusiness Wire
NXDT
Sec Filings
- 11/25/24 - Form 425
- 11/25/24 - Form 8-K
- 11/14/24 - Form 8-K
- NXDT's page on the SEC website