Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 268

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 268
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 date of original issuance of the shares of Series A Redeemable
Preferred Stock to be redeemed, we will have the right to redeem any or all shares of our Series A Redeemable Preferred Stock. We
will redeem such shares of Series A Redeemable Preferred Stock at a redemption price equal to 100% of the Stated Value per share
of Series A Redeemable Preferred Stock, plus an amount equal to any accrued but unpaid cash dividends. We have the right, in our
sole discretion, to pay the redemption price in cash or in equal value of shares of our common stock, based on the closing price per share
of our common stock for the single trading day prior to the date of the redemption, in exchange for the Series A Redeemable Preferred
Stock.

We may exercise our redemption
right by delivering a written notice thereof to all, but not less than all, of the holders of record of the shares of Series A Redeemable
Preferred Stock to be redeemed. Each such notice will state, among other things, the date on which the redemption by us will occur, which
date will be no less than seven (7) days following the notice date.

Any such redemption may be
made conditional on such factors as may be determined by our board of directors and as set forth in the notice of redemption. The Company
reserves the right to suspend voluntary redemptions once it has issued a redemption notice.

Change of Control Redemption by the Company. Upon the occurrence of a Change of Control (as defined below), we will be
required to redeem all outstanding shares of the Series A Redeemable Preferred Stock in whole within 60 days after the first date
on which such Change of Control occurred, in cash at a redemption price of $25.00 per share, plus an amount equal to all accrued
but unpaid cash dividends, if any, to and including the redemption date; provided, however, that if the Maryland law solvency tests prohibit
us from paying the full redemption price in cash, then we will pay such portion as would otherwise violate the solvency tests in shares
of our Class A common stock to holders of the Series A Redeemable Preferred Stock on a pro rata basis, based on the closing
price per share of our Class A common stock for the single trading day prior to the date of redemption. Further, our obligation to
redeem any of the shares of Series A Redeemable Preferred Stock in cash may be restricted by Maryland law. No