Company: GMRE
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001104659-25-112543
Chunk: 113

Company: Global Medical REIT Inc.
Filing Date: 2025-11-14
Form: 424B5
Chunk 113
---
 to pay monetary penalties to the IRS in certain circumstances, including if we fail to meet recordkeeping requirements 
 intended to monitor our compliance with rules relating to the composition of a REIT’s stockholders, as described below in “—Recordkeeping 
 Requirements.”                                                                                                                            |

| · | The earnings of our lower-tier entities that are treated as C corporations, including our TRS and any other TRS we may form in the 
 future, will be subject to U.S. federal corporate income tax.                                                                      |

In addition, notwithstanding our qualification
as a REIT, we may also have to pay certain state and local income taxes because not all states and localities treat REITs in the same
manner that they are treated for U.S. federal income tax purposes. Moreover, as further described below, our TRS and any other TRS we
may form in the future will be subject to U.S. federal, state and local corporate income tax on its taxable income.

Requirements for Qualification

A REIT is a corporation, trust, or association
that meets each of the following requirements:

| 1. | It is managed by one or more trustees or directors. |

| 2. | Its beneficial ownership is evidenced by transferable shares, or by transferable certificates of beneficial interest. |

| 3. | It would be taxable as a domestic corporation, but for the REIT provisions of the U.S. federal income tax laws. |

| 4. | It is neither a financial institution nor an insurance company subject to special provisions of the U.S. federal income tax laws. |

| 5. | At least 100 persons are beneficial owners of its shares or ownership certificates. |

| 6. | Not more than 50% in value of its outstanding shares or ownership certificates is owned, directly or indirectly, by five or fewer 
 individuals, which the Code defines to include certain entities, during the last half of any taxable year.                        |

| 7. | It elects to be a REIT, or has made such election for a previous taxable year, and satisfies all relevant filing and other administrative 
 requirements established by the IRS that must be met to elect and maintain REIT status.                                                   |

| 8. | It meets certain other qualification tests, described below, regarding the nature of its income and assets and the amount of its distributions 
 to stockholders.                                                                                                                               |

| 9. | It uses a calendar year for U.S. federal income tax purposes and complies