Company: GMRE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001104659-25-106984
Chunk: 7

Company: Global Medical REIT Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part II, Item 2
Chunk 7
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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 

On August 28, 2025, the Company issued 5,000 shares of its common stock (on a split-adjusted basis) to Janney Montgomery Scott (“Janney”) in connection with Janney’s redemption of 5,000 OP Units (on a split-adjusted basis) issued to Janney by the Operating Partnership on September 18, 2017, October 4, 2017, and December 1, 2017, in connection with Janney’s performance of certain advisory services to the Company. Pursuant to the terms of the Operating Partnership’s partnership agreement, OP Units may be redeemed by the holder after a one-year holding period for either cash or shares of common stock of the Company, such form of redemption consideration to be determined at the sole discretion of the Company. The issuance of these shares of common stock was effected in reliance upon the exemption from registration under Section 4(a)(2) of the Securities Act of 1933, as amended.

Item 3. Defaults Upon Senior Securities

None.

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Item 4. Mine Safety Disclosures

Not applicable.

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Item 5. Other Information

None.

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