NYMT rebrands to Adamas Trust, tickers change to ADAM; acquires $2.1B in residential assets

ADAMAS TRUST, INC.

Name change to Adamas Trust, Inc. effective 9/3/25; common stock ticker changes from NYMT to ADAM on Nasdaq.
All preferred stock and senior note tickers also change to ADAM-prefixed symbols (e.g., NYMTN to ADAMN).
Acquired ~$2.1 billion in residential assets from July 1 to Aug 27, 2025, a 164% increase over Q2 2025 acquisitions.
Interest income expanded by 55% over the past year; company also acquired Constructive Loans, LLC.
New website launched at www.AdamasREIT.com; no change to stockholder rights or REIT status.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

ADAMAS TRUST, INC.: Board adopted Fourth Amended and Restated Bylaws to reflect the name change effective September 3, 2025 (effective 2025-09-03).

Change: bylaw amendment
Effective: 2025-09-03

Exact text from the filing

the Board of Directors (the “Board”) of the Company approved and adopted the Company’s Fourth Amended and Restated Bylaws (the “Fourth Amended and Restated Bylaws”), to be effective as of 12:01 a.m., Eastern Time, on September 3, 2025, to reflect the change of the Company’s name.

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

ADAMAS TRUST, INC.: Company changed its name from New York Mortgage Trust, Inc. to Adamas Trust, Inc. via Articles of Amendment, effective September 3, 2025 (effective 2025-09-03).

Change: charter amendment
Effective: 2025-09-03

Exact text from the filing

On August 29, 2025, New York Mortgage Trust, Inc. (the “Company”) filed Articles of Amendment to the Company’s charter (the “Amendment”) with the Maryland State Department of Assessments and Taxation to change the Company’s name, effective as of 12:01 a.m., Eastern Time, on September 3, 2025, from “New York Mortgage Trust, Inc.” to “Adamas Trust, Inc.”

View on SEC.gov

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ADAMAS TRUST, INC. filing history →

Source: SEC EDGAR

accession 0001273685-25-000075

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