Company: ADAMM
Filing Date: 2025-08-22
Form Type: 424B5
Source: 0001104659-25-081920
Chunk: 5

Company: ADAMAS TRUST, INC.
Filing Date: 2025-08-22
Form: 424B5
Chunk 5
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 as amended (the “Securities Act”), and Section 21E of the Exchange Act and, as such, may involve known and unknown risks, uncertainties and assumptions.

Forward-looking statements are based on estimates, projections, beliefs and assumptions of management of the Company at the time of such statements and are not guarantees of future performance. Forward-looking statements involve risks and uncertainties in predicting future results and conditions. Actual results and outcomes could differ materially from those projected in these forward-looking statements due to a variety of factors, including, without limitation:

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changes in our business and investment strategy;

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inflation and changes in interest rates and the fair market value of our assets, including negative changes resulting in margin calls relating to the financing of our assets;

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changes in credit spreads;

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changes in the long-term credit ratings of the U.S., Fannie Mae, Freddie Mac, and Ginnie Mae;

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general volatility of the markets in which we invest;

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changes in prepayment rates on the loans we own or that underlie our investment securities;

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increased rates of default, delinquency or vacancy and/or decreased recovery rates on or at our assets;

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our ability to identify and acquire our targeted assets, including assets in our investment pipeline;

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our ability to dispose of assets from time to time on terms favorable to us;

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changes in our relationships with our financing counterparties and our ability to borrow to finance our assets and the terms thereof;

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changes in our relationships with and/or the performance of our operating partners;

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our ability to predict and control costs;

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changes in laws, regulations or policies affecting our business;

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our ability to make distributions to our stockholders in the future;

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our ability to maintain our qualification as a real estate investment trust (“REIT”) for U.S. federal income tax purposes;

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our ability to maintain our exemption from registration under the Investment Company Act of 1940, as amended (the “Investment Company Act”);

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impairments and declines in the value of the collateral underlying our investments;

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changes in the benefits we anticipate from our acquisition of Constructive Loans, LLC (“Constructive”);

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our ability to effectively integrate Constructive into our Company and the risks associated with the ongoing operation thereof;

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impairments and declines in the value of the collateral underlying our investments;

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our ability to manage or hedge credit risk, interest rate risk, and other financial and operational risks;

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our exposure to