Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Market Information
Our shares of Class A common stock have been traded on the NYSE American under the symbol “BHM” since October 6, 2022, which is the date the Company was spun -off from Bluerock Residential.
On March 15, 2023, the closing price of our Class A common stock, as reported on the NYSE American, was $18.43.
Period Ending
Index
10/06/22
12/31/22
Bluerock Homes Trust, Inc.
100.00
92.57
Russell 3000 Index
100.00
102.36
Russell 2000 Index
100.00
100.89
Dow Jones Equity All REIT Index
100.00
105.65
MSCI U.S. REIT Index
100.00
106.01
Stockholder Information
As of March 15, 2023, we had approximately 3,835,013 shares of Class A common stock outstanding held by a total of 543 stockholders, one of which is the holder for all beneficial owners who hold in street name.
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Distributions
Future distributions paid by us will be at the discretion of our Board, and will depend upon our actual cash flow, our financial condition, capital requirements, the annual distribution requirements under the REIT provisions of the Code and such other factors as our Board deems relevant. No distributions were paid for the years ended December 31, 2022, and 2021.
Unregistered Sales of Equity Securities
We previously disclosed our issuances during the year ended December 31, 2022, of equity securities that were not registered under the Securities Act of 1933, as amended, in our Quarterly Report on Form 10-Q as filed with the Securities and Exchange Commission (the “SEC”) on November 4, 2022.
Item 6. [Reserved]
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.