UDF IV – Ready Capital Merger
Vote FOR the Merger Ahead of the March 4, 2025 Special Meeting of Shareholders
Ready Capital to Acquire UDF IV – Maximizing Value for UDF IV Shareholders
UDF IV shareholders may receive up to $5.89 per UDF IV share through a combination of: (i) pre-closing distributions of UDF IV’s own cash from its balance sheet valued at up to $75 million, or $2.44 per share, (ii) shares issued at closing by Ready Capital for UDF IV shares valued at $94 million, or $3.07 per share, and (iii) contingent value rights with estimated future value of up to $12 million, or $0.38 per share.
UDF IV SHAREHOLDERS
Visit UDFIVReadyCapMerger.com for additional information and to learn more about the Trust’s proposed merger and March 4, 2025 Special Meeting of Shareholders.
Latest News
Ready Capital Corporation Announces Completion of Merger
NEW YORK, March 13, 2025 (GLOBENEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (“Ready Capital” or the “Company”) today announced that it has completed the previously announced acquisition of United Development Funding IV (“UDF IV”) (the “Merger”) pursuant to the terms of the Agreement and Plan of Merger, dated as of…
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United Development Funding IV Announces Pre-Closing Cash Distribution Prior to Ready Capital Merger Closing
IRVING, Texas, March 13, 2025 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV”) announced today that on March 4, 2025, its board of trustees authorized a cash distribution of $2.3785 per share payable on or around March 13, 2025, to shareholders of record at the close of business on…
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Investor Login
To view your UDF Account, please click on the link below. If you have any questions on your account, please call UDF Investor Relations at 800-859-9338 or email InvestorRelations@umth.com.
Investor Documents
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