Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 285

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 285
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 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 right to redeem any or all shares of our Series B Redeemable Preferred Stock. We will redeem such
shares of Series B Redeemable Preferred Stock at a redemption price equal to 100% of the Stated Value per share of Series B
Redeemable Preferred Stock, plus an amount equal to any accrued but unpaid cash dividends. We have the right, in our sole discretion,
to pay the redemption price in cash or in equal value of shares of our common stock, based on the closing price per share of our common
stock for the single trading day prior to the date of the redemption, in exchange for the Series B Redeemable Preferred Stock.

We may exercise our redemption
right by delivering a