Global Medical REIT Inc. Sets Price for Public Offering of 8.00% Series B Preferred Stock

Public Offering Announcement: Global Medical REIT Inc. has priced an underwritten public offering of 2,000,000 shares of its 8.00% Series B Cumulative Redeemable Preferred Stock, aiming to raise approximately $50 million before expenses, with the offering expected to close on November 20, 2025.

Use of Proceeds: The net proceeds from the offering will be utilized for general corporate purposes, which may include funding new acquisitions and repaying existing debt.

Underwriters and Listing: The offering is managed by several financial institutions, and the Company plans to list the Series B Preferred Stock on the New York Stock Exchange under the symbol "GMRE PrB."

Forward-Looking Statements: The press release includes forward-looking statements regarding the offering's closing, use of proceeds, and listing, which are subject to risks and uncertainties that could lead to different outcomes than anticipated.