Company: BHM
Filing Date: 2025-04-09
Form Type: 424B3
Source: 0001104659-25-033384
Chunk: 88

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-09
Form: 424B3
Chunk 88
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able Preferred Stock if, after giving effect to the distribution, we would
not be able to pay our debts as they become due in the usual course of business or our total assets would be less than the sum of our
total liabilities plus, unless the terms of such class or series provide otherwise, the amount that would be needed to satisfy the preferential
rights upon dissolution of the holders of shares of any class or series of preferred stock then outstanding, if any, with preferences
senior to those of the Series A Redeemable Preferred Stock. Any dividends or redemption payments may be delayed or prohibited.

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If our Class A common stock is no longer listed on the NYSE American or another national securities exchange, we will be required to terminate any continuous offering(s) of Series A Redeemable Preferred Stock.

The
Series A Redeemable Preferred Stock are “covered securities” and therefore are not subject to registration under the
state securities, or “Blue Sky,” regulations in the various states in which it may be sold due to its seniority to our Class A
common stock, which is listed on the NYSE American. If our Class A common stock is no longer listed on the NYSE American or another
appropriate exchange, we will be required to register any offering of Series A Redeemable Preferred Stock in any state in which such
offering was subsequently made. This would require the termination of any continuous offering(s) of Series A Redeemable Preferred
Stock and could result in our raising an amount of gross proceeds that is substantially less than the amount of the gross proceeds we
expect to raise if the maximum offering amounts are sold. This would reduce our ability to make additional investments and limit the diversification
of our portfolio.

There is currently no public trading market for our Series A Redeemable Preferred Stock, and one may never exist; therefore, your ability to dispose of your shares will likely be limited.

There
is no public market for our Series A Redeemable Preferred Stock, and we currently have no plan to list the Series A Redeemable
Preferred Stock on a securities exchange or to include such shares for quotation on any national securities market. Additionally, our
charter contains restrictions on the ownership and transfer of our securities, including our Series A Redeemable Preferred Stock,
and these restrictions may inhibit the ability to sell shares of our Series A Redeemable Preferred Stock, promptly or at all. Beginning
immediately upon original issuance of any share of Series