Company: BHM
Filing Date: 2025-11-18
Form Type: S-11/A
Source: 0001104659-25-113674
Chunk: 27

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-18
Form: S-11/A
Chunk 27
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 legally available for the payment of such dividends and (iii) such dividends are authorized by our board of directors or declared by us. Accrued dividends on the Series B Redeemable Preferred Stock will not bear interest. |
| Redemption at Option of Holders |     | Holders will have the right to require the company                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
 to redeem shares of Series B Redeemable Preferred Stock at a redemption price equal to the Stated Value, initially $25.00 per share,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
 less a redemption fee, plus an amount equal to any accrued but unpaid dividends.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
 The redemption fee shall be equal to:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |

| · | Beginning on the date of original issuance of the shares to be redeemed: 12%            |
| · | Beginning one year from the date of original issuance of the shares to be redeemed: 9%  |
| · | Beginning two years from the date of original issuance of the shares to be redeemed: 6% |

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| · | Beginning three years from the date of original issuance of the shares to be redeemed: 3% |
| · | Beginning four years from the date of original issuance of the shares to be redeemed: 0%  |

| If a holder of Series B Redeemable Preferred Stock causes the company to redeem such shares of Series B Redeemable Preferred Stock, 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 Following Death or Qualifying Disability of a Holder