Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 262

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 262
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 (1) the number of shares of Class C common stock
beneficially owned by such holder plus (2) the number of C-LTIP Units beneficially owned by such holder plus (3) the
number of LTIP Units beneficially owned by such holder plus (4) the number of C-OP Units beneficially owned by such holder
plus (5) the number of OP Units beneficially owned by such holder (each of a share of Class C common stock, a C-LTIP
Unit, a LTIP Unit, a C-OP Unit and an OP Unit, a “Class C Interest”) divided by (B) the number of shares
of Class C common stock beneficially owned by such holder. If any Class C Interest is beneficially owned by more than one holder
of Class C common stock and would, in the absence of this sentence, increase the number of Class C Votes of more than one such
holder of Class C common stock by virtue of clause (y) of the immediately preceding sentence, then such Class C Interest
will only increase the number of Class C Votes of the ultimate beneficial owner of such Class C Interest that is also such
a holder of Class C common stock, and not any other holder of Class C common stock.

Shares of our Class C
common stock may be converted, or automatically convert, in certain circumstances to shares of our Class A common stock on a one-for-one
basis. Subject to the preferential rights, if any, of holders of any class or series of our stock other than our common stock and to
the provisions of our charter regarding the restrictions on the ownership and transfer of stock, the holders of our Class C common
stock will be entitled to receive distributions authorized by our board of directors and declared by us out of legally available funds
after payment of, or provision for, full cumulative distributions on and any required redemptions of shares of any series of preferred
stock then outstanding.

Preferred Stock

Our charter authorizes our
board of directors, without further stockholder action, to provide for the issuance of up to 250,000,000 shares of preferred stock, in
one or more classes or series, with such terms, preferences, conversion or other rights, voting powers, restrictions, limitations as
to dividends or other distributions, qualifications and terms or conditions of redemption, as our board of directors may approve, subject
to certain restrictions.

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If any preferred stock is
publicly