Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 272

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 272
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 defined in Rule 13d-3 under the Exchange Act, of our common equity representing                 
 more than 50% of the total voting power of all outstanding shares of our common equity that are entitled to vote generally in the election    
 of directors (“Voting Stock”); provided, that notwithstanding the foregoing, such a transaction will not be deemed to involve                 
 a Change of Control if  (A) (i) we become a direct or indirect wholly-owned subsidiary of a holding company and (ii) the                      
 direct or indirect holders of the Voting Stock of such holding company immediately following that transaction are substantially the same      
 as the holders of our Voting Stock immediately prior to that transaction, or (B) immediately prior to such transaction, such person           
 or group, together with its or their related entities, including, without limitation, any trust established for the benefit of such person    
 or any member of such group or any family member thereof (collectively, an “Ownership Group”), owned sufficient interests                     
 in the Operating Partnership such that the exercise by all or any members of such Ownership Group of the Common Unit Redemption Right         
 (as defined in Section 8.04(a) of the Second Amended and Restated Agreement of Limited Partnership of the Operating Partnership,              
 as amended) with respect to such interests would result in all or any members of such Ownership Group (individually or collectively)          
 becoming the direct or indirect beneficial owner of our common equity representing more than 50% of the total voting power of all outstanding 
 shares of Voting Stock;                                                                                                                       |

| · | consummation                                                                                                                              
 of any share exchange, consolidation or merger of our company or any other transaction or series of transactions pursuant to which our    
 common stock will be converted into cash, securities or other property, (1) other than any such transaction where the shares of           
 our common stock outstanding immediately prior to such transaction constitute, or are converted into or exchanged for, a majority of      
 the common stock of the surviving person or any direct or indirect parent company of the surviving person immediately after giving effect 
 to such transaction, and (2) expressly excluding any such transaction preceded by our company’s acquisition of the capital                
 stock of another company for cash, securities or other property, whether directly or indirectly through one of our subsidiaries, as a     
 precursor to such transaction; or                                                                                                         |

| · | Continuing                                                                   
 Directors cease to constitute at least a majority of our board of directors. |

For purposes of the Series A
Redeemable Preferred Stock,