Company: GMRE
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001104659-25-112543
Chunk: 135

Company: Global Medical REIT Inc.
Filing Date: 2025-11-14
Form: 424B5
Chunk 135
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 and profits or distributed those amounts before the end of our first REIT year. If it is subsequently
determined that we had undistributed non-REIT earnings and profits as of the end of our first REIT taxable year or at the end of any subsequent
taxable year, we could fail to qualify as a REIT.

We will pay U.S. federal income tax on taxable
income, including net capital gain that we do not distribute to stockholders. Furthermore, if we fail to distribute during a calendar
year, or by the end of January following the calendar year in the case of distributions with declaration and record dates falling in the
last three months of the calendar year, at least the sum of:

| · | 85% of our REIT ordinary income for such year, |

| · | 95% of our REIT capital gain income for such year, and |

| · | any undistributed taxable income (ordinary and capital gain) from all prior periods, |

we will incur a 4% nondeductible excise tax on the excess of such required
distribution over the amounts we actually distribute.

| 52 |

We may elect to retain and pay U.S. federal income
tax on the net long-term capital gain we receive in a taxable year. If we so elect, we will be treated as having distributed any such
retained amount for purposes of the 4% nondeductible excise tax described above. We intend to make timely distributions sufficient to
satisfy the annual distribution requirements and to avoid U.S. federal corporate income tax and the 4% nondeductible excise tax.

Limitations on Deductions. It is possible
that, from time to time, we may experience timing differences between the actual receipt of income and actual payment of deductible expenses
and the inclusion of that income and deduction of such expenses in arriving at our REIT taxable income. For example, we may not deduct
recognized capital losses from our “REIT taxable income.” Further, it is possible that, from time to time, we may be allocated
a share of net capital gain attributable to the sale of depreciated property that exceeds our allocable share of cash attributable to
that sale. Additionally, we generally will be required to recognize certain amounts as income no later than the time such amounts are
reflected on certain financial statements.

A taxpayer’s net interest expense deduction
may be limited to 30% (adjusted, in the absence of an election otherwise, to 50%