Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 264

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 264
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of the Series A Redeemable Preferred Stock will be entitled to receive an enhanced special dividend, which will be aggregated with
the Series A Regular Dividend so as to effect a dividend rate of the average one month Term Secured Overnight Financing Rate (“SOFR”)
plus 2.0%, subject to a 6.5% minimum and 8.5% maximum annual rate, calculated and paid monthly(each, a “Series A Enhanced Dividend,”
and together with the Series A Regular Dividend, a “Series A Cash Dividend”). We expect Series A Cash Dividends
will be authorized and declared on a quarterly basis, payable monthly on the 5th day of the month to holders of record as of the close
of business on the 25th day of the prior month (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 A
Cash Dividend payable on each share of Series A Redeemable Preferred Stock will begin accruing on, and will be cumulative from, the
date of original issuance of such share of Series A Redeemable Preferred Stock. Each subsequent Series A Cash Dividend will
begin accruing on, and will be cumulative from, the end of the most recent Series A Cash Dividend Period for which a Series A
Cash Dividend has been paid on each such share of Series A Redeemable Preferred Stock. A “Series A Cash 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 A Cash Dividend Period (other than the initial Series A Cash Dividend Period and the
Series A Cash Dividend Period during which any shares of Series A Redeemable Preferred Stock shall be redeemed or otherwise
acquired by us). For the avoidance of doubt, any Series A Cash Dividend may vary among holders of Series A Redeemable Preferred
Stock and may be prorated with respect to any shares of Series A Redeemable Preferred Stock that were outstanding less than the total
number of days in the Series A Cash Dividend Period immediately preceding the applicable dividend payment date, with the amount of
any such prorated dividend being computed