Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 274

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 274
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 rights
and rights upon our liquidation, dissolution or winding up (any such senior stock, the “Senior Stock”), (b) the reclassification
of any authorized shares of our capital stock into Senior Stock, or (c) the creation, authorization or issuance of any obligation
or security convertible into, or evidencing the right to purchase, Senior Stock. Any such action will require the affirmative vote or
consent of holders of (i) Series A Redeemable Preferred Stock, and (ii) any Parity Voting Preferred Stock, entitled to
cast a majority of all votes entitled to be cast collectively by such holders, voting together as a single class, with each holder thereof
entitled to one vote for each $25.00 in liquidation preference.

Holders of shares of Series A
Redeemable Preferred Stock will not be entitled to vote with respect to any increase in the total number of authorized shares of our common
stock or preferred stock, any issuance or increase in the number of authorized shares of Series A Redeemable Preferred Stock or the
creation or issuance of any other class or series of capital stock, or any increase in the number of authorized shares of any class or
series of capital stock, in each case ranking on parity with or junior to the Series A Redeemable Preferred Stock with respect to
the payment of dividends and the distribution of assets upon liquidation, dissolution or winding up.

Except as described above,
holders of shares of Series A Redeemable Preferred Stock will not have any voting rights with respect to, and the consent of the
holders of shares of Series A Redeemable Preferred Stock is not required for, the taking of any corporate action, regardless of the
effect that such corporate action may have upon the powers, preferences, voting power or other rights or privileges of the Series A
Redeemable Preferred Stock.

Liquidity Events. The purchase of shares of our Series A Redeemable Preferred Stock is intended to be a long term investment. There
is currently no public trading market for shares of our Series A Redeemable Preferred Stock, and one may never exist. As a result,
our shares of Series A Redeemable Preferred Stock should be considered as having only limited liquidity and may be illiquid. If you
sell your stock, any such sales may be made at a loss. Further, except as necessary for us to maintain our qualification as a REIT as
described in “--Restrictions on Ownership and Transfer” above, we may