---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-076316"
form_type: "8-K"
ticker: "ADAM"
cik: "0001273685"
company_name: "ADAMAS TRUST, INC."
filed_at: "2024-06-28T23:59:59+00:00"
generated_at: "2026-06-01T00:28:12.339995+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NYMT issues $60M of 9.125% Senior Notes due 2029

## Summary
- Issued $60M principal of 9.125% Senior Notes due July 1, 2029, at par.
- Net proceeds of ~$57.5M after discounts and expenses; used for general corporate purposes including asset acquisition.
- Underwriters have 30-day option to purchase additional $9M to cover over-allotments.
- Notes rank senior unsecured, redeemable at company's option on or after July 1, 2026.
- Interest payable quarterly starting October 1, 2024.

## SEC filing metadata
- accession: 0001104659-24-076316
- form_type: 8-K
- ticker: ADAM
- cik: 0001273685
- company_name: ADAMAS TRUST, INC.
- filed_at: 2024-06-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1273685/000110465924076316/0001104659-24-076316-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273685/000110465924076316/tm2418480d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-076316
- JSON: https://secwatch.observer/filing/0001104659-24-076316.json
- Plain text: https://secwatch.observer/filing/0001104659-24-076316.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.