Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 125

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 125
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 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 such 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 on the basis of the actual number of days in such dividend
period during which such shares of Series A Redeemable Preferred Stock were outstanding.

The timing and amount of
any dividends on the Series A Redeemable Preferred Stock will be determined by our board of directors, in its sole discretion, and
may vary from time to time. All such dividends will accrue and be paid on the basis of a 360-day year consisting of twelve 30-day months.
Dividends on the Series A Redeemable Preferred Stock will accrue whether or not (i) we have earnings, (ii) there are funds
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 A Redeemable Preferred Stock will not bear interest.

Holders of shares of Class A
common stock, $0.01 par