Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 272

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 272
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 such 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 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 Aggregate Redemption Value of the Class A common stock so issued, and (ii) the 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 Safeguard
Policy. The Safeguard Policy applies both retroactively, and on a go-forward basis, to holders of our Series A Redeemable Preferred
Stock.

Liquidation Preference. Upon any voluntary or involuntary liquidation, dissolution or winding-up of our affairs, before any distribution
or payment is made to holders of our common stock or any other class or series of capital stock ranking junior to our shares of Series A
Redeemable Preferred Stock, the holders of shares of Series A 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 any accrued but unpaid cash dividends (whether or not authorized
or declared) to and including the date of payment, pari passu with the holders of shares of any other class or series of our capital stock
ranking on parity with the Series A Redeemable Preferred Stock as to the liquidation preference and accrued but unpaid dividends
they are entitled to receive.

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After payment of the full
amount of the liquidating distributions to which they are entitled, the holders of shares of our Series A Redeemable Preferred Stock
will have no right or claim to any of our remaining assets. Our consolidation or merger with or into another entity, the consolidation
or merger of another entity with or into us, a statutory share exchange by us or a sale, lease, transfer or conveyance of all or substantially
all of our property or business will not be deemed to constitute a liquidation, dissolution or winding-up of our affairs.

In determining whether a distribution
(other than upon voluntary or involuntary liquidation), by dividend, redemption or other acquisition of shares of our stock or otherwise,
is permitted under the MGCL, amounts that would be needed, if we were to be dissolved at the time of distribution, to satisfy