Company: GMRE
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001104659-25-112543
Chunk: 75

Company: Global Medical REIT Inc.
Filing Date: 2025-11-14
Form: 424B5
Chunk 75
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 by holders of our common
stock is other than solely cash (x) the average of the closing sale prices per share of our common stock (or, if no closing sale price
is reported, the average of the closing bid and ask prices or, if more than one in either case, the average of the average closing bid
and the average closing ask prices) for the 10 consecutive trading days immediately preceding, but not including, the effective date of
the Change of Control as reported on the principal U.S. securities exchange on which our common stock is then traded, or (y) the average
of the last quoted bid prices for our common stock in the over-the-counter market as reported by OTC Markets Group, Inc. or similar organization
for the 10 consecutive trading days immediately preceding, but not including, the effective date of the Change of Control, if our common
stock is not then listed for trading on a U.S. securities exchange.

Restrictions on Ownership and Transfer

For us to qualify and maintain our qualification
as a REIT under the Code, our shares of capital stock must be beneficially owned by 100 or more persons during at least 335 days of a
taxable year of 12 months (other than the first year for which an election to be a REIT has been made) or during a proportionate part
of a shorter taxable year. Also, not more than 50% of the value of our outstanding shares of capital stock may be owned, directly or indirectly,
by five or fewer individuals (as defined in the Code to include certain entities) during the last half of a taxable year (other than the
first year for which an election to be a REIT has been made).

To assist us in maintaining our qualification
as a REIT, among other purposes, our charter, subject to certain exceptions, restricts the amount of shares of our stock that a person
may beneficially or constructively own. Our charter provides that, subject to certain exceptions, no person may beneficially or constructively
own more than 9.8% in value or in number of shares, whichever is more restrictive, of the outstanding shares of any class or series of
our capital stock.

Our charter also prohibits any person from (i)
beneficially owning our shares of capital stock to the extent that such beneficial ownership would result in our being “closely
held” within the meaning of Section 856(h) of the Code (without regard to whether the ownership interest