Global Medical REIT (GMRE) to Offer 4.75M Shares

Global Medical REIT Inc. (NYSE: GMRE) commenced an underwritten public offering of 4,750,000 shares of its common stock, par value $0.001 per share, subject to market and other conditions. The Company expects to grant the underwriters a 30-day option to purchase an additional 712,500 shares of common stock being offered in the Offering. The Company intends to use the net proceeds from the Offering to repay a portion of the outstanding indebtedness under its credit facility, to fund acquisitions and for other general corporate purposes.

Stifel, BMO Capital Markets, Baird, KeyBanc Capital Markets and SunTrust Robinson Humphrey are serving as the joint bookrunning managers for the Offering.

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