---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-097101"
form_type: "8-K"
ticker: "ADAM"
cik: "0001273685"
company_name: "ADAMAS TRUST, INC."
filed_at: "2026-08-14T20:06:48+00:00"
generated_at: "2026-08-14T20:13:13.820127+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Adamas Trust completes $90M offering of 9.600% Senior Notes due 2031

## Summary
- Issued $90M aggregate principal of 9.600% Senior Notes due 2031 at 100% of par.
- Interest payable quarterly starting Oct 1, 2026; maturity Oct 1, 2031; redeemable after Oct 1, 2028.
- Net proceeds ~$86.6M after discounts/expenses; for general corporate purposes incl. acquisitions/debt repayment.
- Underwriters include Morgan Stanley, KBW, Piper Sandler, RBC, UBS, Wells Fargo; 30-day over-allotment option for $13.5M additional.
- Notes are senior unsecured, rank equal to existing 9.125% 2029, 9.125% 2030, 9.875% 2030, 9.250% 2031 notes.

## SEC filing metadata
- accession: 0001104659-26-097101
- form_type: 8-K
- ticker: ADAM
- cik: 0001273685
- company_name: ADAMAS TRUST, INC.
- filed_at: 2026-08-14T20:06:48+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/1273685/000110465926097101/0001104659-26-097101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273685/000110465926097101/tm2623199d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-097101
- JSON: https://secwatch.observer/filing/0001104659-26-097101.json
- Plain text: https://secwatch.observer/filing/0001104659-26-097101.txt

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