UDF IV Shareholders Approve Merger with Ready Capital

IRVING, Texas, March 04, 2025 (GLOBE NEWSWIRE) -- United Development Funding IV ("UDF IV" or the "Trust") today announced that, based on the voting results certified by UDF IV's inspector of elections, First Coast Results, Inc., UDF IV shareholders approved the previously announced merger with Ready Capital Corporation (NYSE:RC) at the UDF IV Special Meeting of Shareholders (the "Special Meeting") held earlier today. "We thank our shareholders for their support of our merger with Ready Capital," said Jim Ke ...