10:09 AM EST, 11/13/2025 (MT Newswires) -- Global Medical REIT ( GMRE ) said Thursday that it is planning an underwritten public offering of Series B cumulative redeemable preferred shares, subject to market and other conditions.

The company expects to grant the underwriters a 30-day option to purchase additional Series B preferred shares and said proceeds will be used for general corporate purposes.

Shares of Global Medical REIT ( GMRE ) were down more than 1% in recent Thursday trading.

Price: 31.76, Change: -0.46, Percent Change: -1.43