Company: BHM
Filing Date: 2025-11-18
Form Type: S-11/A
Source: 0001104659-25-113674
Chunk: 281

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-18
Form: S-11/A
Chunk 281
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 (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 redemptions of shares of Series A Redeemable Preferred
Stock will be made in cash at such time as the terms and provisions of any agreement to which we are a party prohibits such redemption
or provides that such redemption would constitute a breach thereof or a default thereunder.

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We will mail to you, if you
are a record holder of the Series A Redeemable Preferred Stock, a notice of redemption no fewer than seven days before the redemption
date. We will send the notice to your address shown on our stock transfer books. A failure to give notice of redemption or any defect
in the notice or in its mailing will not affect the validity of the redemption of any Series A Redeemable Preferred Stock except
as to the holder to whom notice was defective or not given; provided, that notice given to the last address of record will be deemed
to be valid notice. Each notice will state the following:

| · | the redemption date; |

| · | the redemption price; |

| · | the number of shares of                             
 Series A Redeemable Preferred Stock to be redeemed; |

| · | DTC’s procedures                                                                                    
 for book entry transfer of Series A Redeemable Preferred Stock for payment of the redemption price; |

| · | that dividends on the shares                                                                        
 of Series A Redeemable Preferred Stock to be redeemed will cease to accrue on such redemption date; |

| · | that payment of the redemption                                                                                                  
 price and an amount equal to