Company: ADAMM
Filing Date: 2025-06-13
Form Type: 424B5
Source: 0001104659-25-059349
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Company: ADAMAS TRUST, INC.
Filing Date: 2025-06-13
Form: 424B5
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TABLE OF CONTENTS

#### Filed Pursuant to Rule 424(b)(5)

#### Registration No. 333-281046

### PROSPECTUS SUPPLEMENT
**(To Prospectus dated August 5, 2024)**

#### Up to $50,000,000 of
<div align='center'>**8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock 
 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock 
 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock 
 7.000% Series G Cumulative Redeemable Preferred Stock**</div>

**We have entered into an equity distribution agreement, dated June 13, 2025, with JonesTrading Institutional Services LLC (“Jones”) under which we may offer and sell, from time to time, shares of our 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01 per share, referred to as our Series D Preferred Stock, 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01 per share, referred to as our Series E Preferred Stock, 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01 per share, referred to as our Series F Preferred Stock, and 7.000% Series G Cumulative Redeemable Preferred Stock, par value $0.01 per share, referred to as our Series G Preferred Stock, and, together with our Series D Preferred Stock, our Series E Preferred Stock and our Series F Preferred Stock, referred to as our Outstanding Series of Preferred Stock. We refer to our Outstanding Series of Preferred Stock offered under this prospectus supplement and the accompanying prospectus, collectively, as the Offered Stock and to Jones as the Agent. In accordance with the terms of the equity distribution agreement, we may offer and sell shares of our Outstanding Series of Preferred Stock having a maximum aggregate offering price of up to $50,000,000.

Our common stock, par value $0.01 per share, or our common stock, is listed on The Nasdaq Global Select Market, or Nasdaq, under the symbol “NYMT.” The last reported sale price of our common stock on Nasdaq on June 12, 2025 was $6.96 per share. Our Series D