Company: ADAMM
Filing Date: 2025-06-13
Form Type: 424B5
Source: 0001104659-25-059349
Chunk: 123

Company: ADAMAS TRUST, INC.
Filing Date: 2025-06-13
Form: 424B5
Chunk 123
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. We or the Agent may suspend the offering of the Offered Stock upon proper notice and subject to other conditions.

The Agent will provide written confirmation to us no later than the opening of the trading day on Nasdaq following the trading day in which shares of the Offered Stock are sold under the equity distribution agreement. Each confirmation will include the number of shares sold on the preceding day, the net proceeds to us and the compensation payable by us to the Agent in connection with the sales.

We will pay the Agent commissions for its services in acting as agent in the sale of the Offered Stock. The Agent will be entitled to compensation of up to 2.0% of the gross sales price per share of the Offered Stock sold under the equity distribution agreement. We estimate that the total expenses for the offering, excluding compensation payable to the Agent under the terms of the equity distribution agreement, will be approximately $275,000.

Settlement for sales of the Offered Stock will occur on the second business day following the date on which any sales are made (or such earlier day as is industry practice for regular-way trading), or on some other date that is agreed upon by us and the Agent in connection with a particular transaction, in return for payment of the net proceeds to us.

In connection with the sale of the Offered Stock on our behalf, the Agent may be deemed to be an “underwriter” within the meaning of the Securities Act, and the compensation of the Agent may be deemed to be underwriting commissions or discounts. We have agreed to provide indemnification and contribution to the Agent against certain civil liabilities, including liabilities under the Securities Act.

The offering of shares of the Offered Stock pursuant to the equity distribution agreement will terminate upon the earlier of (1) the sale of all of the Offered Stock subject to the equity distribution agreement by the Agent or (2) termination of the equity distribution agreement by the Agent or us, as permitted therein. We and the Agent may each terminate the equity distribution agreement at any time upon three days’ advance notice.

Jones and its affiliates have in the past had, or currently have, other relationships with our company. In the ordinary course of its trading, brokerage, investment management and financing activities, Jones or its

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affiliates may at any time hold long or short positions, and may trade or otherwise effect transactions, for its own account or the accounts of customers, in our securities. From time to time, in