Company: ADAMM
Filing Date: 2025-06-13
Form Type: 424B5
Source: 0001104659-25-059349
Chunk: 11

Company: ADAMAS TRUST, INC.
Filing Date: 2025-06-13
Form: 424B5
Chunk 11
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 with respect to the payment of dividends and the distribution of assets in the event of our liquidation, dissolution or winding up. The term “stock” does not include any convertible or exchangeable debt securities that we have issued or may issue in the future.

Issuer

New York Mortgage Trust, Inc.

Securities Offered

Up to an aggregate of $50,000,000 of shares of our Series D Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock.

Manner of Offering

“At the market” offering as defined in Rule 415 under the Securities Act that may be made from time to time, including, without limitation, sales made directly on Nasdaq, the existing trading market for the Offered Stock, sales made to or through a market maker other than on an exchange or, if specified in a written notice from us, by any other method permitted by law, including, but not limited to, in negotiated transactions, including block trades. See the section entitled “Plan of Distribution” beginning on page S-68.

Dividends

Holders of Series D Preferred Stock are entitled to receive cumulative cash dividends (i) at a fixed rate equal to 8.000% per annum of the $25.00 per share liquidation preference (equivalent to $2.00 per annum per share) up to, but excluding, October 15, 2027, and (ii) from and including October 15, 2027, at a floating rate equal to Three-month CME Term Secured Overnight Financing Rate (“SOFR”) plus the applicable tenor spread adjustment of 0.26161% per annum plus a spread of 5.695% per annum. Dividends are payable quarterly in arrears on the 15th day of each January, April, July and October (each, a “Dividend Payment Date”), when, as and if authorized and declared, provided that if any Dividend Payment Date is not a business day, then the dividend which would otherwise have been payable on that Dividend Payment Date may be paid on the next succeeding business day.

Holders of Series E Preferred Stock are entitled to receive cumulative cash dividends from and including January 15, 2025, at a floating rate equal to Three-Month CME Term SOFR plus the applicable tenor spread adjustment of 0.26161% per annum plus a spread of 6.429% per annum. Dividends are payable quarterly in arrears on each Div