secwatch.observer — SEC 8-K summary
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Issuer:     ADAMAS TRUST, INC. (ADAM)
CIK:        0001273685
Form:       8-K
Filed at:   2025-07-08T23:59:59+00:00
Accession:  0001104659-25-066422
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273685/000110465925066422/0001104659-25-066422-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273685/000110465925066422/tm2520001d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-066422

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer