Company: GMRE
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001104659-25-110926
Chunk: 134

Company: Global Medical REIT Inc.
Filing Date: 2025-11-13
Form: 424B5
Chunk 134
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 equal to the greater of $50,000 or
21% of the net income from the assets causing the failure during the period in which we failed to satisfy the asset tests.

Currently, we believe that our assets satisfy
the foregoing asset test requirements. However, we will not obtain independent appraisals to support our conclusions as to the value of
our assets. Moreover, the values of some assets may not be susceptible to a precise determination. As a result, there can be no assurance
that the IRS will not contend that our ownership of assets violates one or more of the asset tests applicable to REITs.

| 51 |

Distribution Requirements

Each taxable year, we must distribute dividends,
other than capital gain dividends and deemed distributions of retained capital gain, to our stockholders in an aggregate amount at least
equal to:

| · | the sum of: |

| · | 90% of our “REIT taxable income,” computed without regard to the dividends paid deduction and our net capital gain or 
 loss, and                                                                                                             |

| · | 90% of our after-tax net income, if any, from Foreclosure Property, minus |

| · | the sum of certain items of non-cash income. |

We must pay such distributions in the taxable
year to which they relate, or in the following taxable year if either (1) we declare the distribution before we timely file our U.S. federal
income tax return for the year, pay the distribution on or before the first regular dividend payment date after such declaration and elect
in our tax return to have a specified dollar amount of such distribution treated as if paid during the prior year or (2) we declare the
distribution in October, November or December of the taxable year, payable to stockholders of record on a specified day in any such month,
and we actually pay the dividend before the end of January of the following year. The distributions under clause (1) are taxable to the
stockholders in the year in which paid, and the distributions in clause (2) are treated as paid on December 31st of the prior taxable
year to the extent of our earnings and profits. In both instances, these distributions relate to our prior taxable year for purposes of
the 90% distribution requirement.

Further, to the extent we are not a “publicly
offered REIT,” in order for our distributions to be counted as satisfying the annual distribution requirement for REITs and to provide
us with the REIT-level tax deduction, such