NexPoint Provides Update on UDF IV’s Proposed Merger with Ready Capital, Plans to Submit Competing Proposal

NexPoint is Deferring its Vote, Encourages Shareholders to Take No Action on Merger Vote to Compel Board to Properly Review Any Competing Proposal Calls for UDF IV Board to Postpone March 4 Special Meeting by 30 Days and Engage with NexPoint to Ensure Best Outcome for Shareholders DALLAS,…