Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 109

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 109
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 in unsolicited takeover
situations. The duties of directors of Maryland corporations do not require them to (a) accept, recommend or respond to any proposal
by a person seeking to acquire control of the corporation, (b) authorize the corporation to redeem any rights under, or modify or
render inapplicable, any stockholder rights plan, (c) make a determination under the Maryland Business Combination Act, or (d) act
or fail to act solely because of the effect the act or failure to act may have on an acquisition or potential acquisition of control of
the corporation or the amount or type of consideration that may be offered or paid to the stockholders in an acquisition. Moreover, under
the MGCL, the act of a director of a Maryland corporation relating to or affecting an acquisition or potential acquisition of control
is not subject to any higher duty or greater scrutiny than is applied to any other act of a director. The MGCL also contains a statutory
presumption that an act of a director of a Maryland corporation satisfies the applicable standards of conduct for directors under the
MGCL.

The MGCL also provides that,
unless exempted, certain Maryland corporations may not engage in business combinations, including mergers, dispositions of 10% or more
of its assets, certain issuances of shares of stock and other specified transactions, with an “interested stockholder” or
an affiliate of an interested stockholder for five years after the most recent date on which the interested stockholder became an
interested stockholder, and thereafter unless specified criteria are met. An interested stockholder is generally a person owning or controlling,
directly or indirectly, 10% or more of the voting power of the outstanding stock of the Maryland corporation, unless the stock had been
obtained in a transaction approved by its board of directors. These and other provisions of the MGCL could have the effect of delaying,
deferring or preventing a proxy contest, tender offer, merger or other change in control, which may have a material adverse effect on
our business, financial condition and results of operations.

Your rights as stockholders and our rights to recover claims against our officers and directors are limited.

Under Maryland law, our charter,
and the terms of certain indemnification agreements with our executive officers and directors, we must generally indemnify our officers
and directors to the maximum extent permitted by Maryland law. Maryland law permits us to indemnify our present and former directors and
officers, among others, against judgments, penalties, fines,