Company: ADAMM
Filing Date: 2025-06-13
Form Type: 424B5
Source: 0001104659-25-059349
Chunk: 12

Company: ADAMAS TRUST, INC.
Filing Date: 2025-06-13
Form: 424B5
Chunk 12
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idend Payment Date, when, as and if authorized and declared, provided that if any Dividend Payment Date is not a business day, then the Dividend Payment Date will be the immediately succeeding business day and dividends will accrue to, but not including, such Dividend Payment Date.

Holders of Series F Preferred Stock are entitled to receive cumulative cash dividends (i) at a fixed rate equal to 6.875% per annum of the

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$25.00 per share liquidation preference (equivalent to $1.71875 per annum per share) up to, but excluding, October 15, 2026 (the “Series F Fixed Rate Period”), and (ii) from and including October 15, 2026, at a floating rate equal to Three-Month Term SOFR plus a spread of 6.130% per annum (the “Series F Floating Rate Period”). Dividends are payable quarterly in arrears on each Dividend Payment Date, when, as and if authorized and declared, provided that if any Dividend Payment Date is not a business day, then (i) in the Series F Fixed Rate Period, the dividend which would otherwise have been payable on that Dividend Payment Date will instead be paid on the immediately succeeding business day and (ii) in the Series F Floating Rate Period, the Dividend Payment Date will be the immediately succeeding business day.

Holders of Series G Preferred Stock are entitled to receive cumulative cash dividends at a rate of 7.000% per annum of the $25.00 per share liquidation preference (equivalent to $1.75 per annum per share). Dividends are payable quarterly in arrears on each 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 will be paid on the next succeeding business day.

No Maturity

The Outstanding Series of Preferred Stock have no stated maturity and are not subject to any sinking fund. Shares of the Outstanding Series of Preferred Stock will remain outstanding indefinitely unless repurchased or redeemed by us. We are not required to set apart for payment the funds to redeem the Outstanding Series of Preferred Stock.

Liquidation Preference

If we liquidate, dissolve or wind up, holders of the Outstanding Series of Preferred Stock will have the right to receive $25.00 per share, plus