Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 258

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 258
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 stock,
subject to certain restrictions, including the express terms of any class or series of stock outstanding at the time. We believe that
the power to classify or reclassify unissued shares of stock and thereafter issue the classified or reclassified shares will provide
us with increased flexibility in structuring possible future financings and acquisitions and in meeting other needs that might arise.

Transfer Agent and Registrar

The transfer agent and registrar
for our Class A common stock, Class C common stock, Series A Redeemable Preferred Stock and Series B Redeemable Preferred
Stock is Computershare Trust Company, N.A. (“CTC”).

Listing

Our Class A common stock
is listed on the NYSE American under the symbol “BHM.” Our shares of Series A Redeemable Preferred Stock and Series B
Redeemable Preferred Stock are not listed on an exchange and we do not intend to apply to have any such shares listed on an exchange
in the future.

Restrictions on Ownership and Transfer

In order for us to maintain
our qualification as a REIT under the U.S. federal income tax laws, we must meet several requirements concerning the ownership of our
outstanding capital stock. Specifically, no more than 50% in value of our outstanding shares of capital stock may be owned, directly
or indirectly, by five or fewer individuals (as defined in the U.S. federal income tax laws to include specified private foundations,
employee benefit plans and trusts, and charitable trusts) during the last half of any taxable year, other than our first REIT taxable
year. Moreover, our outstanding shares of capital stock must be beneficially owned by 100 or more persons during at least 335 days of
a taxable year of 12 months or during a proportionate part of a shorter taxable year, other than our first REIT taxable year.

Because we expect our board
of directors to believe it is essential for our company to continue to qualify as a REIT and for other corporate purposes, our charter,
subject to the exceptions described below, provides that no person may own, or be deemed to own by virtue of the attribution provisions
of the U.S. federal income tax laws, more than 9.8% of:

| · | the total value of the aggregate                   
 of the outstanding shares of our capital stock; or |

| · | the total value                                                                                           
 or number (whichever is more restrictive) of the aggregate of the outstanding shares of our common stock. |

Further, the articles supplementary
establishing