Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 96

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 96
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 of directors, in its sole discretion, may determine the value of any common stock or other
equity or debt securities issued in consideration of residential properties or services provided, or to be provided, to us.

Our
charter also authorizes our board of directors, without stockholder approval, to designate and issue one or more classes or series of
preferred stock in addition to the Series A Redeemable Preferred Stock (including equity or debt securities convertible into preferred
stock) and to set or change the voting, conversion or other rights, preferences, restrictions, limitations as to dividends or other distributions
and qualifications or terms or conditions of redemption of each class or series of shares so issued. If any additional preferred stock
is publicly offered, the terms and conditions of such preferred stock (including any equity or debt securities convertible into preferred
stock) will be set forth in a registration statement registering the issuance of such preferred stock or equity or debt securities convertible
into preferred stock. Because our board of directors has the power to establish the preferences and rights of each class or series of
preferred stock, it may afford the holders of any series or class of preferred stock preferences, powers, and rights senior to the rights
of holders of common stock or the Series A Redeemable Preferred Stock. If we ever create and issue additional preferred stock or
equity or debt securities convertible into preferred stock with a distribution preference over common stock or the Series A Redeemable
Preferred Stock, payment of any distribution preferences of such new outstanding preferred stock would reduce the amount of funds available
for the payment of distributions on our common stock and our Series A Redeemable Preferred Stock. Further, holders of preferred stock
are normally entitled to receive a preference payment if we liquidate, dissolve, or wind up before any payment is made to the common stockholders,
likely reducing the amount common stockholders would otherwise receive upon such an occurrence. In addition, under certain circumstances,
the issuance of additional preferred stock may delay, prevent, render more difficult or tend to discourage a merger, tender offer, or
proxy contest, the assumption of control by a holder of a large block of our securities, or the removal of incumbent management.

Stockholders
have no rights to buy additional shares of stock or other securities if we issue new shares of stock or other securities. We may issue
common stock, convertible debt or preferred stock pursuant to a subsequent public offering or a private placement, or to sellers of properties
we directly or indirectly acquire instead of, or in addition to,