Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 27

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 27
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 “Series B Safeguard                 
 Policy”) with respect to our Series B Redeemable Preferred Stock. The Series B Safeguard Policy is applicable in                   
 the event of any redemption of shares of Series B Redeemable Preferred Stock in shares of our Class A common stock rather          
 than in cash (each, a “Series B Preferred Redemption in Common Stock”). The Series B Safeguard Policy provides                     
 that if, within 10 business days of any such Series B Preferred Redemption in Common Stock, any such shares of Class A             
 common stock are sold at a loss (i.e. a lower price than the Series B Aggregate Redemption Value), the holder can apply to us      
 for a cash payment to the holder in an amount equal to the difference between (i) the Series B Aggregate Redemption Value          
 of the Class A common stock so issued, and (ii) the Series B Aggregate Sale Price at which such shares of Class A                  
 common stock were sold, subject to certain conditions and requirements as set forth in the Series B Safeguard Policy. The Series B 
 Safeguard Policy applies both retroactively, and on a go-forward basis, to holders of our Series B Redeemable Preferred Stock.     |

| Liquidation Preference |     | Upon any voluntary                                                                                                                   
 or involuntary liquidation, dissolution or winding-up of our affairs, before any distribution or payment shall be made to holders    
 of our common stock or any other class or series of capital stock ranking junior to our shares of Series B Redeemable Preferred      
 Stock, the holders of shares of Series B Redeemable Preferred Stock will be entitled to be paid out of our assets legally available  
 for distribution to our stockholders, after payment or provision for our debts and other liabilities, a liquidation preference equal 
 to the Stated Value per share, plus an amount equal to accrued but unpaid dividends, pari passu with the holders                     
 of shares of any other class or series of our capital stock ranking on parity with the Series B Redeemable Preferred Stock,          
 including the Series A Redeemable Preferred Stock, as to the liquidation preference and/or accrued but unpaid dividends they         
 are entitled to receive.                                                                                                             |

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| Voting Rights                                 |     | The Series B Redeemable Preferred                                                                                                         
 Stock generally has no voting rights. However, holders of shares of Series B Redeemable Preferred Stock will have an exclusive            
 voting right on any amendment to our charter that would alter only the contract rights, as expressly set forth in our charter