Company: BHM
Filing Date: 2025-04-09
Form Type: 424B3
Source: 0001104659-25-033384
Chunk: 112

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-09
Form: 424B3
Chunk 112
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 the Sarbanes-Oxley Act. We currently
qualify as an “emerging growth company.” For so long as we remain an emerging growth company, we will be exempt from Section 404(b) of
the Sarbanes-Oxley Act, which requires auditor attestation to the effectiveness of internal control over financial reporting. We will
cease to be an emerging growth company on the date that is the earliest of (i) the last day of the fiscal year in which we have total
gross annual revenues of $1.235 billion or more; (ii) the last day of our fiscal year following the fifth anniversary of the
date of the Distribution; (iii) the date on which we have issued more than $1 billion in nonconvertible debt during the previous
three years; or (iv) the date on which we are deemed to be a large accelerated filer under the rules of the SEC. We cannot predict
if investors will find our common stock less attractive because we may rely on the exemptions available to us as an emerging growth company.
If some investors find our common stock less attractive as a result, there may be a less active trading market for our common stock, and
our stock price may be more volatile.

We will, however, be immediately
subject to Section 404(a) of the Sarbanes-Oxley Act, which will require, among other things, annual management assessments of
the effectiveness of our internal control over financial reporting beginning in our second annual report filed after the Distribution.
In addition, upon the expiration of our emerging growth company status, we will be broadly subject to enhanced reporting and other requirements
under the Exchange Act and Sarbanes-Oxley Act, which will require, among other things, a report by our independent registered public accounting
firm addressing such annual management assessments. These and other obligations will place significant demands on our management, administrative
and operational resources, including accounting and information technology resources. To comply with these requirements, we anticipate
that we will need to further upgrade our systems, including duplicating computer hardware infrastructure, implement additional financial
and management controls, reporting systems and procedures, and hire additional accounting, finance and information technology staff. Our
management and other personnel will need to devote a substantial amount of time to these compliance initiatives. Moreover, these rules and
regulations will increase our legal and financial compliance costs and will make some activities more time-consuming and costlier. If
we are unable to do this in a timely and effective fashion