Company: GMRE
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001104659-25-112543
Chunk: 149

Company: Global Medical REIT Inc.
Filing Date: 2025-11-14
Form: 424B5
Chunk 149
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 on such a distribution. Unless the exception described
in the next paragraph applies, we must withhold 21% of any distribution that we could designate as a capital gain dividend. A non-U.S.
stockholder may receive a credit against its tax liability for the amount we withhold.

However, if the applicable class of our stock
is regularly traded on an established securities market in the United States, capital gain distributions on such class of stock that are
attributable to our sale of a USRPI will be treated as ordinary dividends rather than as gain from the sale of a USRPI, as long as the
non-U.S. stockholder did not own more than 10% of the applicable class of our stock at any time during the one-year period preceding the
distribution or the non-U.S. stockholder was treated as a “qualified shareholder” and “qualified foreign pension fund.”
In such a case, non-U.S. stockholders generally will be subject to withholding tax on such capital gain distributions in the same manner
as they are subject to withholding tax on ordinary dividends. We believe that our common stock is regularly traded on an established securities
market in the United States. If our common stock is not regularly traded on an established securities market in the United States, capital
gain distributions that are attributable to our sale of USRPIs will be subject to tax under FIRPTA, as described above. In that case,
we must withhold 21% of any distribution that we could designate as a capital gain dividend. A non-U.S. stockholder may receive a credit
against its tax liability for the amount we withhold.

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Moreover, if a non-U.S. stockholder disposes of
our common stock during the 30-day period preceding a dividend payment, and such non-U.S. stockholder (or a person related to such non-U.S.
stockholder) acquires or enters into a contract or option to acquire our common stock within 61 days of the first day of the 30-day period
described above, and any portion of such dividend payment would, but for the disposition, be treated as a USRPI capital gain to such non-U.S.
stockholder, then such non-U.S. stockholder will be treated as having USRPI capital gain in an amount that, but for the disposition, would
have been treated as USRPI capital gain.

Qualified Shareholders. Subject to the
exception discussed below, any distribution to a “qualified shareholder” who holds