Company: BHM
Filing Date: 2025-11-18
Form Type: S-11/A
Source: 0001104659-25-113674
Chunk: 116

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-18
Form: S-11/A
Chunk 116
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ively or retroactively) by our board of directors. This restriction may have the effect of delaying, deferring
or preventing a change in control of us, including an extraordinary transaction (such as a merger, tender offer or sale of all or substantially
all of our assets) that might provide a premium price to our stockholders.

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Our charter permits our board of directors to issue stock with terms that may be senior to the rights of our common stockholders or discourage a third party from acquiring us in a manner that could result in a premium price to our stockholders.

Our board of directors
may amend our charter from time to time to increase or decrease the aggregate number of shares of stock or the number of shares of stock
of any class or series that we have authority to issue and may classify or reclassify any unissued common stock or preferred stock into
other classes or series of stock and establish the preferences, conversion or other rights, voting powers, restrictions, limitations
as to dividends or other distributions, qualifications and terms or conditions of redemption of any such stock. Our charter authorizes
a total of 250,000,000 shares of preferred stock for issuance, of which 30,000,000 have been classified as shares of Series A Redeemable
Preferred Stock and 14,000,000 have been classified as shares of Series B Redeemable Preferred Stock. As of September 30, 2025,
there are issued and outstanding 6,087,829 shares of Series A Redeemable Preferred Stock, which are senior to our common stock with
respect to priority of dividend payments and rights upon liquidation, dissolution or winding up. Our board of directors could also classify
for issuance up to 206,000,000 of the remaining authorized shares of preferred stock with terms and conditions that could have priority
as to distributions and amounts payable upon liquidation over the rights of the holders of our common stock. Such preferred stock could
also have the effect of delaying, deferring or preventing a change in control of us, including an extraordinary transaction (such as
a merger, tender offer or sale of all or substantially all of our assets) that might provide a premium price to holders of our common
stock.

Maryland law may limit the ability of a third party to acquire control of us.

The MGCL provides protection
for Maryland corporations against unsolicited takeovers by limiting, among other things, the duties of the directors in unsolicited takeover
situations