Company: GMRE
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001104659-25-110926
Chunk: 103

Company: Global Medical REIT Inc.
Filing Date: 2025-11-13
Form: 424B5
Chunk 103
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2) an officer of the corporation or (3) an employee
of the corporation who is also a director of corporation. “Control shares” are voting shares which, if aggregated with all
other such shares owned by the acquirer or in respect of which the acquirer is able to exercise or direct the exercise of voting power
(except solely by virtue of a revocable proxy), would entitle the acquirer to exercise voting power in electing directors within one of
the following ranges of voting power: (A) one-tenth or more but less than one-third, (B) one-third or more but less than a majority or
(C) a majority or more of all voting power. Control shares do not include shares that the acquirer is then entitled to vote as a result
of having previously obtained stockholder approval. A “control share acquisition” means the acquisition of control shares,
subject to certain exceptions.

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A person who has made or proposes to make a control
share acquisition, upon satisfaction of certain conditions (including an undertaking to pay expenses), may compel our board of directors
to call a special meeting of stockholders to be held within 50 days of demand to consider the voting rights of the shares. If no request
for a meeting is made, the corporation may itself present the question at any stockholders’ meeting.

If voting rights are not approved at the meeting
or if the acquirer does not deliver an acquiring person statement as required by the statute, then, subject to certain conditions and
limitations, the corporation may redeem any or all of the control shares (except those for which voting rights have previously been approved)
for fair value determined, without regard to the absence of voting rights for the control shares, as of the date of the last control share
acquisition by the acquirer or of any meeting of stockholders at which the voting rights of such shares are considered and not approved.
If voting rights for control shares are approved at a stockholders’ meeting and the acquirer becomes entitled to vote a majority
of the shares entitled to vote, all other stockholders may exercise appraisal rights. The fair value of the shares as determined for purposes
of such appraisal rights may not be less than the highest price per share paid by the acquirer in the control share acquisition.

The control share acquisition statute does not
apply to (a) shares acquired in a merger, consolidation or share exchange if the corporation is a party to the transaction or (b) acquisitions
approved or exempted