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0 0.00066889632107022 -0.00133779264214044 -0.00200668896321078 0.00133779264214044 -0.00401337792642144 -0.00280936454849497 -0.00200668896321078
Stock impact report

United Development Funding IV Encourages Shareholders to Vote FOR Trustees Who are Taking Action to Maximize Value for UDF IV Shareholders [Yahoo! Finance]

Ready Capital Corporation (RC) 
Last ready capital corporation earnings: 3/11 04:39 pm Check Earnings Report
Company Research Source: Yahoo! Finance
IRVING, Texas, Dec. 09, 2024 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) today issued the following statement to shareholders ahead of the 2024 Annual Meeting of Shareholders (the “Annual Meeting”), scheduled to be held on December 10, 2024: UDF IV shareholders have the opportunity to help determine the fate of their investment in the Trust ahead of the 2024 Annual Meeting. The UDF IV Board of Trustees have acted, and continue to act, to protect and promote the interests of the Trust's shareholders. To that end, we recently announced that the Trust has entered into an agreement to be acquired by Ready Capital Corporation. This transaction will provide shareholders with liquidity and significant value in the form of cash distributions from UDF IV and ownership in a scaled, diversified and publicly traded industry leader. Your Board of Trustees unanimously believes this transaction is in the best interest of shareholders, and is committed to seeing the Show less Read more
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