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Adamas Trust, Inc.
Ticker Symbol: ADAM CUSIP: 649604840 Previous CUSIP: 649604501 Exchange: NGS
February 22, 2023 -- the Company announced that its Board of Directors approved a one-for-four reverse stock split of its issued, outstanding and authorized shares of common stock (the “Reverse Stock Split”). The Reverse Stock Split is expected to take effect as of 12:01 a.m., New York City time, on March 9, 2023 (the “Effective Time”). Accordingly, at the Effective Time, every four issued and outstanding shares of the Company’s common stock will be converted into one share of the Company’s common stock, with a proportionate reduction in the Company’s authorized shares of common stock, outstanding equity awards and number of shares remaining available for issuance under the Company’s 2017 Equity Incentive Plan. The par value of each share of common stock will remain unchanged. The Company’s common stock is expected to begin trading on the Nasdaq Global Select Market on a post-reverse stock split basis beginning on March 9, 2023, under a new CUSIP number: 649604840.
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Company's Online Profile
BUSINESS: Adamas Trust, Inc.. is an internally managed real estate investment trust that invests in mortgage-related and financial assets and targets residential mortgage loans, including distressed residential loans, multi-family CMBS, mezzanine loans to and preferred equity investments in owners of multi-family properties, equity and debt securities issued by entities that invest in commercial real estate-related debt investments and Agency RMBS consisting of fixed-rate, adjustable-rate and hybrid adjustable-rate RMBS and Agency IOs consisting of interest only and inverse interest-only RMBS that represent the right to the interest component of the cash flow from a pool of mortgage loans. Headlands Asset Management, LLC provides investment management services to the Company with respect to certain of its targeted asset classes.
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IPO - 6/24/2004 - 15.00 Million Shares @ $9.00 /share.
Link to IPO Prospectus
Previous Ticker Symbol: NYMT Changed: 9/02/2025
Previous Name: New York Mortgage Trust, Inc. Changed: 9/02/2025
Mid Cap Stock -
Market Value $ Million
Click for current ADAM price quote from the NASDAQ
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 90 Park Avenue, New York, NY 10016 |
| Main Phone Number |
212-792-0107 |
| Fax Number |
Not Available |
| Investor Contact
Kristine R. Nario-Eng
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646-216-2363
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| CEO - Jason T. Serrano |
CFO - Kristine R. Nario-Eng |
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Adamas Trust, Inc
Ticker Symbol: ADAMA CUSIP: 649604840 Exchange: NGS
Company's Online Profile
BUSINESS: Adamas Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. The company’s targeted residential loans, including business purpose loans; agency RMBS; non-agency residential mortgage-backed securities (RMBS); structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; and other mortgage-, residential housing- and credit-related assets and strategic investments; and commercial mortgage-backed securities (CMBS). It also owns and manages single-family rental properties.
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Previous Ticker Symbol: NYMT Changed: 9/03/2025
Previous Name: New York Mortgage Trust, Inc Changed: 9/03/2025
Click for current ADAMA price quote from the NASDAQ
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Company's Online Information Links
|
| Company's Online SEC EDGAR Filings |
| Company's SEC EDGAR Filings |
Not Available |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 90 Park Avenue, New York, NY 10016 |
| Main Phone Number |
212-792-0107 |
| Fax Number |
Not Available |
| Investor Contact
Kristine R. Nario-Eng
|
646-216-2363
|
| CEO - Jason T. Serrano |
CFO - Kristine R. Nario-Eng |
Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.
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