Company: BHM
Filing Date: 2025-03-20
Form Type: 424B3
Source: 0001104659-25-026164
Chunk: 126

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-20
Form: 424B3
Chunk 126
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 250,000,000 shares of preferred stock for issuance, of which, 30,000,000 have been classified as shares of Series A Preferred
Stock. As of December 31, 2024, there are issued and outstanding 4,628,681 shares of Series A Preferred Stock, which are senior to our
common stock with respect to priority of dividend payments and rights upon liquidation, dissolution or winding up. Our Board could also
classify for issuance up to 220,000,000 of the remaining authorized shares of preferred stock with terms and conditions that could have
priority as to distributions and amounts payable upon liquidation over the rights of the holders of our common stock. Such preferred stock
could also have the effect of delaying, deferring or preventing a change in control of us, including an extraordinary transaction (such
as a merger, tender offer or sale of all or substantially all of our assets) that might provide a premium price to holders of our common
stock.

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Table of Contents

Maryland law may limit the ability of a third party to acquire control of us.

The
MGCL provides protection for Maryland corporations against unsolicited takeovers by limiting, among other things, the duties of the directors
in unsolicited takeover situations. The duties of directors of Maryland corporations do not require them to (a) accept, recommend
or respond to any proposal by a person seeking to acquire control of the corporation, (b) authorize the corporation to redeem any
rights under, or modify or render inapplicable, any stockholder rights plan, (c) make a determination under the Maryland Business
Combination Act, or (d) act or fail to act solely because of the effect the act or failure to act may have on an acquisition or potential
acquisition of control of the corporation or the amount or type of consideration that may be offered or paid to the stockholders in an
acquisition. Moreover, under the MGCL, the act of a director of a Maryland corporation relating to or affecting an acquisition or potential
acquisition of control is not subject to any higher duty or greater scrutiny than is applied to any other act of a director. The MGCL
also contains a statutory presumption that an act of a director of a Maryland corporation satisfies the applicable standards of conduct
for directors under the MGCL.

The
MGCL also provides that, unless exempted, certain Maryland corporations may not engage in business combinations, including mergers, dispositions