On August 23, 2022, NexPoint Advisors, L.P. announced that the extension of the offering period for its previously announced offer to purchase shares of beneficial interest of United Development Funding IV at a price of $1.10 per share upon the terms and subject to the conditions set forth in the offer to purchase and in the related assignment form for the offer. NexPoint Advisors stated that the offer, which was scheduled to expire at the end of the day on August 23, 2022, is now scheduled to expire at the end of the day on September 23, 2022, unless the offer is extended or earlier terminated.