Company: GMRE
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001104659-25-110926
Chunk: 36

Company: Global Medical REIT Inc.
Filing Date: 2025-11-13
Form: 424B5
Chunk 36
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| · | the Share Cap, subject to certain adjustments; |

subject, in each case, to provisions for the receipt of alternative
consideration as described in this prospectus supplement.

<div align='center'>S-20</div>

The Share Cap is subject to pro rata adjustments
for any share splits (including those effected pursuant to a distribution of our common stock), subdivisions or combinations (in each
case, a “Share Split”) with respect to our common stock as follows: the adjusted Share Cap as the result of a Share Split
will be the number of shares of common stock that is equivalent to the product obtained by multiplying (i) the Share Cap in effect
immediately prior to such Share Split by (ii) a fraction, the numerator of which is the number of shares of common stock outstanding
after giving effect to such Share Split and the denominator of which is the number of shares of our common stock outstanding immediately
prior to such Share Split.

In the case of a Change of Control pursuant to
which our common stock will be converted into cash, securities or other property or assets (including any combination thereof) (the “Alternative
Form Consideration”), a holder of Series B Preferred Stock will receive upon conversion of such Series B Preferred
Stock the kind and amount of Alternative Form Consideration that such holder would have owned or to which that holder would have
been entitled to receive upon the Change of Control had such holder held a number of shares of our common stock equal to the Common Stock
Conversion Consideration immediately prior to the effective time of the Change of Control (the “Alternative Conversion Consideration,”
and the Common Stock Conversion Consideration or the Alternative Conversion Consideration, as may be applicable to a Change of Control,
is referred to as the “Conversion Consideration”).

If the holders of our common stock have the opportunity
to elect the form of consideration to be received in the Change of Control, the Conversion Consideration will be deemed to be the kind
and amount of consideration actually received by holders of a majority of our common stock that voted for such an election (if electing
between two types of consideration) or holders of a plurality of our common stock that voted for such an election (if electing between
more than two types of consideration), as the case may be, and will be subject to any limitations to which all holders of our common stock
are subject, including, without limitation, pro rata reductions applicable to any portion of the consideration payable in the Change
of Control.