Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 113

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 113
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 nonconvertible debt during the previous
three years; or (iv) the date on which we are deemed to be a large accelerated filer under the rules of the SEC. We cannot predict
if investors will find our common stock less attractive because we may rely on the exemptions available to us as an emerging growth company.
If some investors find our common stock less attractive as a result, there may be a less active trading market for our common stock, and
our stock price may be more volatile.

We will, however, be immediately
subject to Section 404(a) of the Sarbanes-Oxley Act, which will require, among other things, annual management assessments of
the effectiveness of our internal control over financial reporting beginning in our second annual report filed after the Distribution.
In addition, upon the expiration of our emerging growth company status, we will be broadly subject to enhanced reporting and other requirements
under the Exchange Act and Sarbanes-Oxley Act, which will require, among other things, a report by our independent registered public accounting
firm addressing such annual management assessments. These and other obligations will place significant demands on our management, administrative
and operational resources, including accounting and information technology resources. To comply with these requirements, we anticipate
that we will need to further upgrade our systems, including duplicating computer hardware infrastructure, implement additional financial
and management controls, reporting systems and procedures, and hire additional accounting, finance and information technology staff. Our
management and other personnel will need to devote a substantial amount of time to these compliance initiatives. Moreover, these rules and
regulations will increase our legal and financial compliance costs and will make some activities more time-consuming and costlier. If
we are unable to do this in a timely and effective fashion, our ability to comply with our financial reporting requirements and other
rules that apply to reporting companies could be impaired and our business, prospects, financial condition and results of operations
could be harmed.

INVESTMENT COMPANY RISKS

Your investment return may be reduced if we are required to register as an investment company under the Investment Company Act; if we are subject to registration under the Investment Company Act, we will not be able to continue our business.

Neither we, nor our Operating
Partnership, nor any of our subsidiaries intend to register as an investment company under the Investment Company Act. We are organized
as a holding company that conducts its businesses primarily through the Operating Partnership, which in turn is a holding company conducting
its business through its subsidiaries. We