Company: BHM
Filing Date: 2025-04-09
Form Type: 424B3
Source: 0001104659-25-033384
Chunk: 108

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-09
Form: 424B3
Chunk 108
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 limitations as to dividends
or other distributions, qualifications and terms or conditions of redemption of any such stock. Our board of directors has authorized
a total of 250,000,000 shares of preferred stock for issuance, of which, 30,000,000 have been classified as shares of Series A Redeemable
Preferred Stock. As of December 31, 2024, there are issued and outstanding 4,628,681 shares of Series A Redeemable Preferred
Stock, which are senior to our common stock with respect to priority of dividend payments and rights upon liquidation, dissolution or
winding up. Our board of directors could also classify for issuance up to 220,000,000 of the remaining authorized shares of preferred
stock with terms and conditions that could have priority as to distributions and amounts payable upon liquidation over the rights of the
holders of our common stock. Such preferred stock could also have the effect of delaying, deferring or preventing a change in control
of us, including an extraordinary transaction (such as a merger, tender offer or sale of all or substantially all of our assets) that
might provide a premium price to holders of our common stock.

Maryland law may limit the ability of a third party to acquire control of us.

The MGCL provides protection
for Maryland corporations against unsolicited takeovers by limiting, among other things, the duties of the directors in unsolicited takeover
situations. The duties of directors of Maryland corporations do not require them to (a) accept, recommend or respond to any proposal
by a person seeking to acquire control of the corporation, (b) authorize the corporation to redeem any rights under, or modify or
render inapplicable, any stockholder rights plan, (c) make a determination under the Maryland Business Combination Act, or (d) act
or fail to act solely because of the effect the act or failure to act may have on an acquisition or potential acquisition of control of
the corporation or the amount or type of consideration that may be offered or paid to the stockholders in an acquisition. Moreover, under
the MGCL, the act of a director of a Maryland corporation relating to or affecting an acquisition or potential acquisition of control
is not subject to any higher duty or greater scrutiny than is applied to any other act of a director. The MGCL also contains a statutory
presumption that an act of a director of a Maryland corporation satisfies the applicable standards of conduct for directors under the
MGCL.

The MGCL