Company: ADAMM
Filing Date: 2025-01-10
Form Type: 424B5
Source: 0001104659-25-002551
Chunk: 52

Company: ADAMAS TRUST, INC.
Filing Date: 2025-01-10
Form: 424B5
Chunk 52
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4 was $23.52 per share. Our shares of 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01 per share, referred to as our Series F Preferred Stock, are listed on Nasdaq under the symbol “NYMTL.” The last reported sale price of our Series F Preferred Stock on Nasdaq on July 25, 2024 was $20.30 per share. Our shares of 7.000% Series G Cumulative Redeemable Preferred Stock, par value $0.01 per share, referred to as our Series G Preferred Stock, are listed on Nasdaq under the symbol “NYMTZ.” The last reported sale price of our Series G Preferred Stock on Nasdaq on July 25, 2024 was $19.17 per share. Our 9.125% Senior Notes due 2029, referred to as our 2029 Notes, are listed on Nasdaq under the symbol “NYMTI.” The last reported sale price of our 2029 Notes on Nasdaq on July 25, 2024 was $25.10 per note.

We elected to be taxed as a real estate investment trust (“REIT”) for U.S. federal income tax purposes beginning with our taxable year ended December 31, 2004. To assist us in complying with certain U.S. federal income tax requirements applicable to REITs, among other purposes, our charter generally limits beneficial and constructive ownership by any person to no more than 9.9% in value or in number of shares, whichever is more restrictive, of the outstanding shares of our common stock and no more than 9.9% in value of any class or series of our capital stock. In addition, our charter contains various other restrictions on the ownership and transfer of our capital stock. See “Description of Common Stock — Restrictions on Ownership and Transfer” and “Description of Preferred Stock — Restrictions on Ownership and Transfer; Change of Control Provisions.”

Investing in our securities involves substantial risks. You should carefully read and consider the information under “Risk Factors” on page 6of this prospectus and included in our most recent Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and other documents filed by us with the Securities and Exchange Commission, and any prospectus supplement before making a decision to purchase these securities.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if