Company: GMRE
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001104659-25-112543
Chunk: 152

Company: Global Medical REIT Inc.
Filing Date: 2025-11-14
Form: 424B5
Chunk 152
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 (“USRPHC”)
during a specified testing period. If at least 50% of a REIT’s assets are USRPIs, then the REIT will be a USRPHC. We believe that
we are a USRPHC based on our investment strategy. However, even if we are a USRPHC, a non-U.S. stockholder generally would not incur tax
under FIRPTA on gain from the sale of our stock if we are a “domestically controlled qualified investment entity.”

A “domestically controlled qualified investment
entity” includes a REIT in which, at all times during a specified testing period, less than 50% in value of its shares are held
directly or indirectly by non-U.S. stockholders. We cannot assure you that this test has been or will be met.

If the applicable class of our stock is regularly
traded on an established securities market, an additional exception to the tax under FIRPTA will be available with respect to a non-U.S.
stockholder’s disposition of such stock, even if we do not qualify as a domestically controlled qualified investment entity at the
time the non-U.S. stockholder sells such stock. Under this additional exception, the gain from such a sale by a non-U.S. stockholder will
not be subject to tax under FIRPTA if (1) the applicable class of our stock is treated as being regularly traded on an established securities
market under applicable Treasury Regulations and (2) the non-U.S. stockholder owned, actually or constructively, 10% or less of that class
of stock at all times during a specified testing period. We believe that our common stock is regularly traded on an established securities
market.

In addition, a sale of our stock by a “qualified
shareholder” or a “qualified foreign pension fund” who holds our stock directly or indirectly (through one or more partnerships)
will not be subject to U.S. federal income tax under FIRPTA. However, while a “qualified shareholder” will not be subject
to FIRPTA withholding on a sale of our stock, non-United States persons who hold interests in the “qualified shareholder”
(other than interests solely as a creditor) and hold more than 10% of our stock, either through the “qualified shareholder”
or otherwise, will still be subject to FIRPTA withholding.

If the gain on the sale of our stock were taxed
under FIRPTA, a non-U