Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 257

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 257
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, a Maryland
corporation generally cannot dissolve, amend its charter, merge, consolidate, convert into another form of business entity, sell all
or substantially all of its assets, engage in a statutory share exchange unless declared advisable by the corporation’s board of
directors and approved by the affirmative vote of stockholders entitled to cast at least two-thirds of the votes entitled to be cast
on the matter. However, a Maryland corporation may provide in its charter for approval of these matters by a lesser percentage, but not
less than a majority of all of the votes entitled to be cast on the matter. Our charter provides for a majority vote in these situations.
Our charter further provides that any or all of our directors may be removed from office at any time, but only for cause, and then only
by the affirmative vote of at least a majority of the votes entitled to be cast generally in the election of directors. For these purposes,
“cause” will mean, with respect to any particular director, conviction of a felony or final judgment of a court of competent
jurisdiction holding that such director caused demonstrable material harm to us through bad faith or active and deliberate dishonesty.

Other Rights

Holders of our common stock
will not have preference, conversion, exchange, sinking fund, or redemption rights or preemptive rights to subscribe for any of our securities,
and generally will have no appraisal rights.

Power to Increase or Decrease Authorized Shares of Common Stock, Reclassify Unissued Shares of Common Stock and Issue Additional Shares of Common Stock

Subject to the preferential
rights of any class or series of preferred stock, our charter authorizes our board of directors, with the approval of a majority of the
directors and without any action by stockholders, to amend our charter from time to time to increase or decrease the aggregate number
of authorized shares of stock or the number of shares of stock of any class or series that we have authority to issue. In addition, our
charter authorizes our board of directors to authorize the issuance from time to time of shares of our common stock.

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Our charter also contains
a provision permitting our board of directors, by resolution and without approval of the stockholders, to classify or reclassify any
unissued common stock into one or more classes or series of stock and establish the preferences, conversion or other rights, voting powers,
restrictions, limitations as to dividends or other distributions, qualifications, or terms or conditions of redemption of any such