---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-003447"
form_type: "8-K"
ticker: "ADAM"
cik: "0001273685"
company_name: "ADAMAS TRUST, INC."
filed_at: "2025-01-14T23:59:59+00:00"
generated_at: "2026-05-28T01:45:18.191232+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NYMT closes $82.5M 9.125% Senior Notes due 2030; net proceeds ~$79.3M

## Summary
- Issued $82.5M aggregate principal of 9.125% Senior Notes due April 1, 2030, including $7.5M over-allotment.
- Notes priced at par, interest payable quarterly; redeemable at par on/after April 1, 2027.
- Net proceeds after underwriting discounts and expenses are ~$79.3M.
- Proceeds to be used for general corporate purposes, including acquiring single-family and multi-family assets.
- Underwriters: Morgan Stanley, Piper Sandler, RBC Capital Markets, UBS, and Wells Fargo.

## SEC filing metadata
- accession: 0001104659-25-003447
- form_type: 8-K
- ticker: ADAM
- cik: 0001273685
- company_name: ADAMAS TRUST, INC.
- filed_at: 2025-01-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1273685/000110465925003447/0001104659-25-003447-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273685/000110465925003447/tm253032d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-003447
- JSON: https://secwatch.observer/filing/0001104659-25-003447.json
- Plain text: https://secwatch.observer/filing/0001104659-25-003447.txt

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