Company: GMRE
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001104659-25-110926
Chunk: 114

Company: Global Medical REIT Inc.
Filing Date: 2025-11-13
Form: 424B5
Chunk 114
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 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 with the recordkeeping requirements of the U.S. federal 
 income tax laws.                                                                                                                  |

| 10. | It has not been a party to a spin-off transaction that is tax-deferred under section 355 of the Code during the applicable period. |

We must meet requirements 1 through 4, 8 and 9
during our entire taxable year and must meet requirement 5 during at least 335 days of a taxable year of 12 months, or during a proportionate
part of a taxable year of less than 12 months. Requirements 5 and 6 applied beginning with our 2017 taxable year. If we comply with all
the requirements for ascertaining the ownership of our outstanding shares in a taxable year and have no reason to know that we violated
requirement 6, we will be deemed to have satisfied requirement 6 for that taxable year. For purposes of determining shares ownership under
requirement 6, an “individual” generally includes a supplemental unemployment compensation benefits plan, a private foundation,
or a portion of a trust permanently set aside or used exclusively for charitable purposes. An “individual,” however, generally
does not include a trust that is a qualified employee pension