Company: BHM
Filing Date: 2025-04-09
Form Type: 424B3
Source: 0001104659-25-033384
Chunk: 95

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-09
Form: 424B3
Chunk 95
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 could depress the market price of shares of our Class A
common stock.

Our
board of directors is authorized, without stockholder approval, to cause us to issue additional shares of our common stock or to raise
capital through the issuance of additional preferred stock (including equity or debt securities convertible into preferred stock), options,
warrants and other rights, on such terms and for such consideration as our board of directors in its sole discretion may determine. Any
such issuance could result in dilution of the equity of our stockholders. Our board of directors may, in its sole discretion, authorize
us to issue common stock or other equity or debt securities to persons from whom we purchase residential properties, as part or all of
the purchase price of the community. Our board of directors, in its sole discretion, may determine the value of any common stock or other
equity or debt securities issued in consideration of residential properties or services provided, or to be provided, to us.

Our
charter also authorizes our board of directors, without stockholder approval, to designate and issue one or more classes or series of
preferred stock in addition to the Series A Redeemable Preferred Stock (including equity or debt securities convertible into preferred
stock) and to set or change the voting, conversion or other rights, preferences, restrictions, limitations as to dividends or other distributions
and qualifications or terms or conditions of redemption of each class or series of shares so issued. If any additional preferred stock
is publicly offered, the terms and conditions of such preferred stock (including any equity or debt securities convertible into preferred
stock) will be set forth in a registration statement registering the issuance of such preferred stock or equity or debt securities convertible
into preferred stock. Because our board of directors has the power to establish the preferences and rights of each class or series of
preferred stock, it may afford the holders of any series or class of preferred stock preferences, powers, and rights senior to the rights
of holders of common stock or the Series A Redeemable Preferred Stock. If we ever create and issue additional preferred stock or
equity or debt securities convertible into preferred stock with a distribution preference over common stock or the Series A Redeemable
Preferred Stock, payment of any distribution preferences of such new outstanding preferred stock would reduce the amount of funds available
for the payment of distributions on our common stock and our Series A Redeemable Preferred Stock. Further, holders of preferred stock
are normally entitled to receive a preference payment if we liquidate, dissolve, or