---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-066422"
form_type: "8-K"
ticker: "ADAM"
cik: "0001273685"
company_name: "ADAMAS TRUST, INC."
filed_at: "2025-07-08T23:59:59+00:00"
generated_at: "2026-05-18T09:02:32.747383+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NYMT completes $90M issuance of 9.875% Senior Notes due 2030

## Summary
- Issued $90M aggregate principal of 9.875% Senior Notes due 2030, including $5M from over-allotment exercise.
- Notes bear 9.875% interest payable quarterly, mature Oct 1, 2030, redeemable after Oct 1, 2027 at par.
- Net proceeds ~$86.6M for general corporate purposes including acquisition of mortgage-related assets.
- Underwriters include Morgan Stanley, Keefe Bruyette, Piper Sandler, RBC, UBS, Wells Fargo.

## SEC filing metadata
- accession: 0001104659-25-066422
- form_type: 8-K
- ticker: ADAM
- cik: 0001273685
- company_name: ADAMAS TRUST, INC.
- filed_at: 2025-07-08T23:59:59+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/1273685/000110465925066422/0001104659-25-066422-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273685/000110465925066422/tm2520001d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-066422
- JSON: https://secwatch.observer/filing/0001104659-25-066422.json
- Plain text: https://secwatch.observer/filing/0001104659-25-066422.txt

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