Company: ADAMM
Filing Date: 2025-07-01
Form Type: 424B5
Source: 0001104659-25-064730
Chunk: 77

Company: ADAMAS TRUST, INC.
Filing Date: 2025-07-01
Form: 424B5
Chunk 77
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 (b) to amend any provision of our charter, whether by merger or otherwise, so as to materially and adversely affect any rights of our Series F Preferred Stock or to take certain other actions.

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TABLE OF CONTENTS

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Conversion and Preemptive Rights . Except in connection with certain changes in control of our company, shares of our Series F Preferred Stock are not convertible or exchangeable for any of our other securities or property, and holders of our Series F Preferred Stock have no preemptive rights to subscribe for any securities of our company.

For additional information regarding our Series F Preferred Stock, see our Registration Statement on Form 8-A filed with the SEC on July 6, 2021. See “Where You Can Obtain More Information.”

#### Series G Preferred Stock
Our Series G Preferred Stock generally provides for the following rights, preferences and obligations:

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Ranking . Our Series G Preferred Stock ranks, with respect to rights to the payment of dividends and the distribution of assets upon our liquidation, dissolution or winding up:

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senior to all classes or series of our common stock and to all other equity securities issued by us other than equity securities referred to immediately below;

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on a parity with all equity securities issued by us with terms specifically providing that those equity securities rank on a parity with our Series G Preferred Stock with respect to rights to the payment of dividends and the distribution of assets upon our liquidation, dissolution or winding up, including our Series D Preferred Stock, Series E Preferred Stock and Series F Preferred Stock;

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junior to all equity securities issued by us with terms specifically providing that those equity securities rank senior to our Series G Preferred Stock with respect to rights to the payment of dividends and the distribution of assets upon our liquidation, dissolution or winding up; and

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effectively junior to all of our existing and future indebtedness (including indebtedness convertible into our common stock or preferred stock) and to the indebtedness of our existing and future subsidiaries.

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Dividend Rights . Shares of our Series G Preferred Stock accrue cumulative cash dividends at a fixed annual rate of 7.000% on the $25.00 per share liquidation preference, equivalent to an annual amount of $1.75 per share per year.

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Liquidation Rights . In the event of our voluntary or involuntary liquidation, dissolution or winding up, the holders of our Series G Preferred Stock will be entitled to be paid out of the assets we have legally available for distribution to our stockholders, subject to