Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 282

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 282
---
 either
spouse. We must receive such written request within one year after the death or qualifying disability of the holder, but no sooner
than one (1) year after the date of original issuance of such shares. If the holder is not a natural person, such as a trust
(other than a revocable grantor trust) or a partnership, corporation or similar legal entity, the right of redemption upon the death
or qualifying disability of a beneficiary of such trust or the holder of an ownership interest in such partnership, corporation or
similar legal entity will also be subject to the approval of company management in its sole discretion. Beginning one (1) year
from the date of original issuance of the shares of Series B Redeemable Preferred Stock to be redeemed, we will redeem such
shares at a redemption price equal to 95% of the Stated Value, initially $25.00 per share, and beginning two (2) years from the
date of original issuance of the shares of Series B Redeemable Preferred Stock to be redeemed, we will redeem such shares at a
redemption price equal to 100% of the Stated Value, in each case, plus an amount equal to any accrued but unpaid cash dividends
thereon, if any, to and including the date of redemption. Upon any such redemption request, we have the right, in our sole
discretion, to pay the redemption price in cash or in equal value of shares of our Class A common stock, based on the closing
price per share of our Class A common stock for the single trading day prior to the date of redemption. Our ability to redeem
shares of Series B Redeemable Preferred Stock in cash may be limited to the extent that we do not have sufficient funds
available to fund such cash redemption. Further, our obligation to redeem any of the shares of Series B Redeemable Preferred
Stock submitted for redemption in cash may be restricted by Maryland law. No redemptions of shares of Series B Redeemable
Preferred Stock will be made in cash at such time as the terms and provisions of any agreement to which we are a party prohibits
such redemption or provides that such redemption would constitute a breach thereof or a default thereunder. The Company further
reserves the right to suspend such optional redemptions once it has issued a redemption notice.

Optional Redemption by the Company. Beginning two years from the date of original issuance of the shares of Series B Redeemable Preferred Stock
to be redeemed, we will have the