secwatch.observer — SEC 8-K summary
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Issuer:     ADAMAS TRUST, INC. (ADAM)
CIK:        0001273685
Form:       8-K
Filed at:   2025-01-14T23:59:59+00:00
Accession:  0001104659-25-003447
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273685/000110465925003447/0001104659-25-003447-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273685/000110465925003447/tm253032d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-003447

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