Company: BHM
Filing Date: 2025-11-18
Form Type: S-11/A
Source: 0001104659-25-113674
Chunk: 289

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-18
Form: S-11/A
Chunk 289
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 “Series B Dividend Payment Date”)
to holders of record as of the close of business on the 25th day of the prior month (the “Series B Dividend Record
Date”) (or if such payment date or record date is not a business day, on the immediately preceding business day, with the same
force and effect as if made on such date), unless our results of operations, our general financing conditions, general economic
conditions, applicable provisions of Maryland law or other factors make it imprudent to do so. The initial Series B Dividend
payable on each share of Series B Redeemable Preferred Stock will begin accruing on, and will be cumulative from, the date of
original issuance of such share of Series B Redeemable Preferred Stock. Each subsequent Series B Dividend will begin
accruing on, and will be cumulative from, the end of the most recent Series B Dividend Period for which a Series B
Dividend has been paid on each such share of Series B Redeemable Preferred Stock. A “Series B Dividend Period”
will be the respective period commencing on and including the first day of each month and ending on and including the day preceding
the first day of the next succeeding Series B Dividend Period (other than the initial Series B Dividend Period and the
Series B Dividend Period during which any shares of Series B Redeemable Preferred Stock shall be redeemed or otherwise
acquired by us). For the avoidance of doubt, any Series B Dividend may vary among holders of Series B Redeemable Preferred
Stock and may be prorated with respect to any shares of Series B Redeemable Preferred Stock that were outstanding less than the
total number of days in the Series B Dividend Period immediately preceding the applicable Series B Dividend Payment Date,
with the amount of any such prorated dividend being computed on the basis of the actual number of days in such Series B
Dividend Period during which such shares of Series B Redeemable Preferred Stock were outstanding.

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Subject to the preferential
rights of the holders of any class or series of our capital stock ranking senior to our Series B Redeemable Preferred Stock, if
any such class or series is authorized in the future, holders of each share of Series B Redeemable Preferred Stock will also be
entitled to receive, if authorized by our board of directors and declared by us for any Series B Dividend Period, out of funds legally