Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Wednesday, December 10, 2:54 AM
Slide #3. Global Medical REIT Inc. — Preferred Stock Offering
| Company: |
Global Medical REIT Inc. (NYSE:GMRE) |
| Date announced: |
11/13/2025 |
| Preferred Stock Offering Details: |
Global Medical REIT Inc. (NYSE:GMRE) (the "Company") today announced the commencement of an underwritten public offering of shares of its Series B Cumulative Redeemable Preferred Stock, $0.001 par value per share ("Series B Preferred Stock"), subject to market and other conditions. The Company expects to grant the underwriters a 30-day option to purchase additional shares of Series B Preferred Stock to cover over-allotments, if any. The Company intends to use the net proceeds from the offering for general corporate purposes, which may include funding new acquisitions and repaying indebtedness, including amounts outstanding under the Company's credit facility. The Company intends to apply to list the Series B Preferred Stock on the New York Stock Exchange under the ticker symbol "GMRE-PrB." |
Global Medical REIT Inc. is an internally managed real estate investment trust (REIT). Co. acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems. Co. conducts its business through a wholly owned subsidiaries of its operating partnership, Global Medical REIT L.P. It owns 92.91% of the outstanding common operating partnership units (OP Units) of its operating partnership, with an aggregate of 7.09% of the Operating Partnership owned by holders of long-term incentive plan units (LTIP Units) and third-party limited partners who contributed properties or services to the operating partnership in exchange for OP Units.
Preferreds: GMRE.PRA, GMRE.PRB
Open the GMRE Page at Preferred Stock Channel »
Open the GMRE Page at Preferred Stock Channel (in a new window) »
Free GMRE Email Alerts:
