Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 290

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 290
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ation Preference.
Upon any voluntary or involuntary liquidation, dissolution or winding-up of our affairs, before any distribution or payment is made to
holders of our common stock or any other class or series of capital stock ranking junior to our shares of Series B Redeemable Preferred
Stock, the holders of shares of Series B Redeemable Preferred Stock will be entitled to be paid out of our assets legally available
for distribution to our stockholders, after payment or provision for our debts and other liabilities, a liquidation preference equal
to the Stated Value per share, plus an amount equal to any accrued but unpaid cash dividends (whether or not authorized or declared)
to and including the date of payment, pari passu with the holders of shares of any other class or series of our capital stock ranking
on parity with the Series B Redeemable Preferred Stock, including the Series A Redeemable Preferred Stock, as to the liquidation
preference and accrued but unpaid dividends they are entitled to receive.

After payment of the full
amount of the liquidating distributions to which they are entitled, the holders of shares of our Series B Redeemable Preferred Stock
will have no right or claim to any of our remaining assets. Our consolidation or merger with or into another entity, the consolidation
or merger of another entity with or into us, a statutory share exchange by us or a sale, lease, transfer or conveyance of all or substantially
all of our property or business will not be deemed to constitute a liquidation, dissolution or winding-up of our affairs.

In determining whether a
distribution (other than upon voluntary or involuntary liquidation), by dividend, redemption or other acquisition of shares of our stock
or otherwise, is permitted under the MGCL, amounts that would be needed, if we were to be dissolved at the time of distribution, to satisfy
the preferential rights upon dissolution of holders of the Series B Redeemable Preferred Stock will not be added to our total liabilities.

Voting Rights.
Our Series B Redeemable Preferred Stock generally has no voting rights, except as set forth below.

So long as any shares of
Series B Redeemable Preferred Stock remain outstanding, the holders of shares of Series B Redeemable Preferred Stock will have
the exclusive right to vote on any amendment, alteration or repeal of our charter, including the terms of the Series B Redeemable
Preferred Stock, that would alter only the contract rights, as expressly set forth in our charter, of the Series B Redeemable Preferred