Company: BHM
Filing Date: 2025-11-18
Form Type: S-11/A
Source: 0001104659-25-113674
Chunk: 135

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-18
Form: S-11/A
Chunk 135
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 rate of 6.0% of the Stated Value
of $25.00 per share (each, a “Series A Regular Dividend”). In addition, for each month for which the board of
directors authorizes a Series A Regular Dividend, holders of shares of the Series A Redeemable Preferred Stock will be
entitled to receive an enhanced special dividend, which will be aggregated with the Series A Regular Dividend so as to effect a
dividend rate of the average one month Term Secured Overnight Financing Rate (“SOFR”) plus 2.0%, subject to a 6.5%
minimum and 8.5% maximum annual rate, calculated and paid monthly (each, a “Series A Enhanced Dividend,” and
together with the Series A Regular Dividend, a “Series A Cash Dividend”). We expect Series A Cash
Dividends will be authorized and declared on a quarterly basis, payable monthly on the 5th day of the month to holders of record as
of the close of business on the 25th day of the prior month (or if such payment date or record date is not a business day, on the
immediately preceding business day, with the same force and effect as if made on such date), unless our results of operations, our
general financing conditions, general economic conditions, applicable provisions of Maryland law or other factors make it imprudent
to do so. The initial Series A Cash Dividend payable on each share of Series A Redeemable Preferred Stock will begin
accruing on, and will be cumulative from, the date of original issuance of such share of Series A Redeemable Preferred Stock.
Each subsequent Series A Cash Dividend will begin accruing on, and will be cumulative from, the end of the most recent
Series A Cash Dividend period for which a Series A Cash Dividend has been paid on each such share of Series A
Redeemable Preferred Stock. A “Series A Cash Dividend Period” will be the respective period commencing on and
including the first day of each month and ending on and including the day preceding the first day of the next succeeding
Series A Cash Dividend Period (other than the initial Series A Cash Dividend Period and the Series A Cash Dividend
Period during which any shares of Series A Redeemable Preferred Stock shall be redeemed or otherwise acquired by us). For the
avoidance of doubt, any such Series A Cash Dividend may vary among holders of Series