Company: BHM
Filing Date: 2025-03-20
Form Type: 424B3
Source: 0001104659-25-026164
Chunk: 130

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-20
Form: 424B3
Chunk 130
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 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.

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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, as of 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, our ability to comply with our financial
reporting requirements and other rules that apply to reporting companies