Company: GMRE
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001104659-25-112543
Chunk: 101

Company: Global Medical REIT Inc.
Filing Date: 2025-11-14
Form: 424B5
Chunk 101
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 class of directors in which the vacancy occurred.

Business Combinations

Under certain provisions of the MGCL applicable
to Maryland corporations, certain “business combinations,” including a merger, consolidation, share exchange or, in certain
circumstances, an asset transfer or issuance or reclassification of equity securities, between a Maryland corporation and an “interested
stockholder” or, generally, any person who beneficially owns 10% or more of the voting power of the corporation’s outstanding
voting shares or an affiliate or associate of the corporation who, at any time within the two-year period prior to the date in question,
was the beneficial owner of 10% or more of the voting power of the corporation’s then outstanding voting stock, or an affiliate
of such an interested stockholder, are prohibited for five years after the most recent date on which the interested stockholder becomes
an interested stockholder. Thereafter, any such business combination must be recommended by the board of directors of such corporation
and approved by the affirmative vote of at least (a) 80% of the votes entitled to be cast by holders of the corporation’s outstanding
voting stock and (b) two-thirds of the votes entitled to be cast by holders of the corporation’s voting stock other than stock held
by the interested stockholder with whom (or with whose affiliate) the business combination is to be effected or held by an affiliate or
associate of the interested stockholder, unless, among other conditions, the corporation’s stockholders receive a minimum price
(as defined in the MGCL) for their shares and the consideration is received in cash or in the same form as previously paid by the interested
stockholder for its shares. Under the MGCL, a person is not an “interested stockholder” if the board of directors approved
in advance the transaction by which the person otherwise would have become an interested stockholder. A corporation’s board of directors
may provide that its approval is subject to compliance with any terms and conditions determined by it.

These provisions of the MGCL do not apply, however,
to business combinations that are approved or exempted by a board of directors prior to the time that the interested stockholder becomes
an interested stockholder. Pursuant to the MGCL, our board of directors has by resolution exempted business combinations between us and
any other person from these provisions of the MGCL, provided that the business combination is first approved by our board of directors,
including a majority of directors who are not affiliates or associates of such person