Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 285

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 285
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 of equity securities) between a Maryland corporation and an interested stockholder (defined as any person who beneficially
owns, directly or indirectly, 10% or more of the voting power of the corporation’s then outstanding voting stock or an affiliate
or associate of the corporation who, at any time within the two-year period prior to the date in question, was the beneficial owner, directly
or indirectly, of 10% or more of the voting power of the then-outstanding stock of the corporation) or an affiliate of such an interested
stockholder are prohibited for five years after the most recent date on which the interested stockholder becomes an interested stockholder.
A person is not an interested stockholder under the statute if the board of directors approved in advance the transaction by which the
person otherwise would have become an interested stockholder. However, in approving a transaction, the board of directors may provide
that its approval is subject to compliance, at or after the time of approval, with any terms and conditions determined by the board. After
the five-year prohibition, any such business combination must be recommended by the board of directors of such corporation and approved
by the affirmative vote of at least (1) 80% of the votes entitled to be cast by holders of outstanding shares of voting stock of
the corporation, voting together as a single voting group, and (2) two-thirds of the votes entitled to be cast by holders of voting
stock of the corporation other than voting stock held by the interested stockholder with whom (or with whose affiliate) the business combination
is to be effected or held by an affiliate or associate of the interested stockholder, voting together as a single group, unless an exemption
under the MGCL applies. These provisions of the MGCL do not apply, however, to business combinations that are approved or exempted by
a board of directors prior to the time that the interested stockholder becomes an interested stockholder.

Pursuant to the statute, our
board of directors has exempted any business combination involving us and any person, provided that the business combination is first
approved by our board of directors, in which case, the five-year prohibition and the super-majority vote requirements will not apply to
business combinations between us and any person. However, such resolution can be altered or repealed, in whole or in part, at any time
by our board of directors. As a result, any person may be able to enter into business combinations with us that may not be in the best
interest