Company: ADAMM
Filing Date: 2025-06-13
Form Type: 424B5
Source: 0001104659-25-059349
Chunk: 31

Company: ADAMAS TRUST, INC.
Filing Date: 2025-06-13
Form: 424B5
Chunk 31
---
 investment grade securities or money market accounts or (interest or non-interest bearing) checking (or escrow) accounts that are consistent with our intention to maintain our qualification as a REIT. These investments may include, for example, government securities other than agency securities, certificates of deposit and interest-bearing bank deposits. These investments are expected to provide a lower net return than we will seek to achieve from our targeted assets.

<div align='center'>S-15</div>

TABLE OF CONTENTS

### DESCRIPTION OF THE OFFERED STOCK
The following summary of the terms and provisions of our Outstanding Series of Preferred Stock does not purport to be complete and is qualified in its entirety by reference to our charter, including the articles supplementary relating to each series of our Outstanding Series of Preferred Stock, and our bylaws, each of which is incorporated by reference in this prospectus supplement and the accompanying prospectus. See “Where You Can Find More Information” in this prospectus supplement and the accompanying prospectus.

This description of the particular terms of our Outstanding Series of Preferred Stock supplements and, to the extent inconsistent therewith, supersedes the description of the general terms and provisions of our Outstanding Series of Preferred Stock set forth in the accompanying prospectus. If the description of our Outstanding Series of Preferred Stock in this prospectus supplement differs from the general description of our Outstanding Series of Preferred Stock in the accompanying prospectus, you should rely on the information in this prospectus supplement.

#### Our Preferred Stock

#### General
Pursuant to our charter, we are currently authorized to designate and issue up to 200,000,000 shares of preferred stock, $0.01 par value per share, in one or more classes or series and, subject to the limitations prescribed by our charter and Maryland law, with such terms of each class or series of preferred stock, including preferences, conversion or other rights, voting powers, restrictions, limitations as to dividends or other distributions, qualifications, and terms and conditions of redemption and the number of shares constituting any class or series, as our board of directors may determine, without any vote or action by our stockholders. As of the date of this prospectus supplement, we have 22,164,414 shares of our Outstanding Series of Preferred Stock issued and outstanding, including 6,107,318 shares of our Series D Preferred Stock, 7,343,151 shares of our Series E Preferred Stock, 5,740,209 shares of our Series F Preferred Stock, and 2,973,736 of