NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
||March 31, 2018
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|SECURITIES AND EXCHANGE COMMISSION|
|Washington, D.C. 20549|
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION|
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
|Commission File Number
(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)
||11950 Democracy Road, Suite 600
(Address, including zip code, and telephone number, including area code, of Issuer's
principal executive offices)
(Description of class of securities)
Please place an X in the box to designate the rule provision relied upon to strike
the class of securities from listing and registration:
Pursuant to the requirements fo the Securities Exchange Act of 1934,
NASDAQ Stock Market LLC
certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing the Form 25 and has caused this notification to be
signed on its behalf by the undersigned duly authorized person.
Form 25 and attached Notice will be considered compliance with the provisions of
17 CFR 240.19d-1 as applicable. See General Instructions.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
On September 1, 2016, NASDAQ Listing Qualifications staff (Staff) notified
United Development Funding IV (Company) that it determined to delist the
Company based on Rule 5250(c)(1). On September 7, 2016, the Company
exercised its right to appeal the Staff's determination to the Listing
Qualifications Hearings Panel (Panel) pursuant to Rule 5815. A Panel
hearing was held on October 13, 2016. On October 25, 2016, the Panel
issued a decision that granted the Company through February 23, 2017
to regain compliance. However, after the Company informed the Panel
that it would not meet this new deadline, the Panel issued a delisting
decision on February 6, 2017. On February 6, 2017, the Company exercised
its right to appeal the Panel decision to the Nasdaq Listing and Hearing
Review Council (Council) pursuant to Rule 5820(a). On April 6, 2017,
the Council issued a decision that affirmed the Panel decision to delist
the Companys securities. On April 27, 2017, the Company was provided
notice that the Nasdaq Board of Directors declined to call the Council
decision for review pursuant to Rule 5825(a).