Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 25

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 25
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a) in the case of the death of a holder, the holder’s estate, the recipient of such shares through                   
 bequest or inheritance, or, with respect to shares held through a revocable grantor trust, the trustee of such trust, who will have      
 the sole ability to request redemption on behalf of the trust, or (b) in the case of the disability of a holder, the holder              
 or the holder’s legal representative. Only shares of Series B Redeemable Preferred Stock that have been outstanding for                  
 at least one (1) year prior to redemption are eligible for redemption by the company. If spouses are joint registered holders            
 of shares of Series B Redeemable Preferred Stock, the written request to redeem such shares may be made upon the death or qualifying     
 disability of either spouse. We must receive such written request within one (1) year after the death or qualifying disability           
 of the holder, but no sooner than one (1) year after the date of original issuance of such shares. If the holder is not a natural        
 person, such as a trust (other than a revocable grantor trust) or a partnership, corporation or similar legal entity, the right of       
 redemption upon the death or qualifying disability of a beneficiary of such trust or the holder of an ownership interest in such         
 partnership, corporation or similar legal entity will be subject to the approval of company management in its sole discretion. Beginning 
 one (1) year from the date of original issuance of the shares of Series B Redeemable Preferred Stock to be redeemed, we                  
 will redeem such shares at a redemption price equal to 95% of the Stated Value, initially $25.00 per share, and beginning two (2) years  
 from the date of original issuance of the shares of Series B Redeemable Preferred Stock to be redeemed, we will redeem such              
 shares at a redemption price equal to 100% of the Stated Value, in each case, plus an amount equal to any accrued but unpaid cash        
 dividends thereon, if any, to and including the date of redemption.                                                                      
 Upon any such redemption request, 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,             
 in exchange for the Series B Redeemable Preferred Stock.                                                                                 
 Our ability to redeem shares