Company: ADAMM
Filing Date: 2025-06-13
Form Type: 424B5
Source: 0001104659-25-059349
Chunk: 24

Company: ADAMAS TRUST, INC.
Filing Date: 2025-06-13
Form: 424B5
Chunk 24
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 effect of discouraging a third party from making an acquisition proposal for us or of delaying, deferring or preventing certain of our change of control transactions under circumstances that otherwise could provide the holders of our common stock and Outstanding Series of Preferred Stock with the opportunity to realize a premium over the then-current market price of such stock or that stockholders may otherwise believe is in their best interests.

The market price of our Outstanding Series of Preferred Stock could be substantially affected by various factors.

The market price of our Outstanding Series of Preferred Stock depends on many factors, which may change from time to time, including, among other things:

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prevailing interest rates, changes in which may have an adverse effect on the market price of our Outstanding Series of Preferred Stock;

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trading prices of common and preferred equity securities issued by REITs and other similar companies;

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the yield from distributions on our Outstanding Series of Preferred Stock as compared to yields on other financial instruments;

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general economic and financial market conditions;

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government action or regulation;

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the financial condition, performance and prospects of us and our competitors;

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changes in financial estimates or recommendations by securities analysts with respect to us, our competitors or our industry;

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our issuance of additional preferred equity or debt securities; and

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actual or anticipated variations in quarterly operating results of us and our competitors.

Many of the factors listed above are beyond our control. These factors may cause the market price of shares of our Outstanding Series of Preferred Stock to decline, regardless of our financial condition, results of operations, business or prospects. It is impossible to assure you that the market price of shares of our Outstanding Series of Preferred Stock will not fall in the future.

As a holder of our Outstanding Series of Preferred Stock, you will have extremely limited voting rights.

Your voting rights as a holder of our Outstanding Series of Preferred Stock will be limited. Our common stock is the only class of our securities that carries full voting rights. Holders of our Outstanding Series of Preferred Stock may vote only (a) to elect two additional directors to our board of directors, as described in the sections entitled “Description of the Offered Stock — Our Series D Preferred Stock — Voting Rights,” “Description of the Offered Stock — Our Series E Preferred Stock — Voting Rights,” “Description of the Offered Stock — Our Series F Preferred Stock — Voting Rights” and “Description of the Offered Stock — Our Series G Preferred Stock — Voting Rights” in this prospectus supplement,