Company: ADAMM
Filing Date: 2025-06-13
Form Type: 424B5
Source: 0001104659-25-059349
Chunk: 22

Company: ADAMAS TRUST, INC.
Filing Date: 2025-06-13
Form: 424B5
Chunk 22
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us supplement), each holder of our Outstanding Series of Preferred Stock will have the right (unless, prior to the Change of Control Conversion Date (as defined in this prospectus supplement for each respective series under “Description of the Offered Stock — Our Series D Preferred Stock — Conversion Rights” with respect to the Series D Preferred Stock, “Description of the Offered Stock — Our Series E Preferred Stock — Conversion Rights” with respect to the Series E Preferred Stock, “Description of the Offered Stock — Our Series F Preferred Stock — Conversion Rights” with respect to the Series F Preferred Stock and “Description of the Offered Stock — Our Series G Preferred Stock — Conversion Rights” with respect to the Series G Preferred Stock in this prospectus supplement), we have provided notice of our election to redeem some or all of the shares of our Outstanding Series of Preferred Stock held by such holder as described under “Description of the Offered Stock — Our Series D Preferred Stock — Redemption — Optional Redemption” with respect to the Series D Preferred Stock, “Description of the Offered Stock — Our Series E Preferred Stock — Redemption — Optional Redemption” with respect to the Series E Preferred Stock, “Description of

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the Offered Stock — Our Series F Preferred Stock — Redemption — Optional Redemption” with respect to the Series F Preferred Stock or “Description of the Offered Stock — Our Series G Preferred Stock — Redemption — Optional Redemption” with respect to the Series G Preferred Stock, or “Description of the Offered Stock — Our Series D Preferred Stock — Redemption — Special Optional Redemption” with respect to the Series D Preferred Stock, “Description of the Offered Stock — Our Series E Preferred Stock — Redemption — Special Optional Redemption” with respect to the Series E Preferred Stock, “Description of the Offered Stock — Our Series F Preferred Stock — Redemption — Special Optional Redemption” with respect to the Series F Preferred Stock or “Description of the Offered Stock — Our Series G Preferred Stock — Redemption — Special Optional Redemption” with respect to the Series G Preferred Stock in this prospectus supplement, in which case such holder will have the right only with respect to shares of our Outstanding Series of Preferred Stock that are not called for redemption) to convert some or all of such holder’s Outstanding Series of Preferred Stock into shares of our common stock (or under specified circumstances certain alternative consideration). Notwithstanding that we generally may not redeem our Series D Preferred Stock prior to October 15, 2027, our Series F