secwatch.observer — SEC 8-K summary
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Issuer:     ADAMAS TRUST, INC. (ADAM)
CIK:        0001273685
Form:       8-K
Filed at:   2025-08-22T23:59:59+00:00
Accession:  0001104659-25-081930
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYMT issues additional $25M of 9.875% Senior Notes due 2030
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- Completed registered direct offering of $25M aggregate principal of 9.875% Senior Notes due 2030.
- Notes are same series as the $90M issued July 8, 2025, with identical terms.
- Net proceeds expected ~$24.8M after offering expenses; priced at 100% of par.
- Proceeds to be used for general corporate purposes including acquiring mortgage- and credit-related assets.
- Notes are senior unsecured obligations of NYMT, issued under existing indenture.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273685/000110465925081930/0001104659-25-081930-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273685/000110465925081930/tm2524149d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-081930

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