Global Medical REIT Inc. Unveils Plans for Public Offering of Series B Preferred Stock

Public Offering Announcement: Global Medical REIT Inc. has initiated an underwritten public offering of its Series B Cumulative Redeemable Preferred Stock, with plans to grant underwriters a 30-day option for additional shares to cover over-allotments.

Use of Proceeds: The net proceeds from the offering are intended for general corporate purposes, including funding new acquisitions and repaying existing debt.

Listing Plans: The Company aims to list the Series B Preferred Stock on the New York Stock Exchange under the ticker symbol "GMRE-PrB."

Forward-Looking Statements: The announcement includes forward-looking statements regarding the offering and its expected outcomes, which are subject to risks and uncertainties that could lead to different actual results.