New York Mortgage Trust, Inc. Announces Corporate Rebrand to Adamas Trust, Inc.
New York Mortgage Trust (NASDAQ:NYMT) announced its corporate rebranding to Adamas Trust, Inc., effective September 3, 2025, with its common stock trading under the new ticker symbol "ADAM". The rebranding reflects the company's evolution into a multi-dimensional investment platform, following a 55% expansion in interest income through portfolio realignment focused on Agency RMBS.
The company recently acquired Constructive Loans, LLC, a leading business purpose loan originator for residential real estate investors. All preferred stock series and senior notes will receive corresponding new ticker symbols. The rebranding will not affect business operations, stockholder rights, or REIT status.
New York Mortgage Trust (NASDAQ:NYMT) ha annunciato il proprio rebranding aziendale in Adamas Trust, Inc., con efficacia dal 3 settembre 2025, e con le azioni ordinarie quotate con il nuovo simbolo "ADAM". Il rebranding riflette l'evoluzione della società in una piattaforma di investimento multi-dimensionale, a seguito di un aumento del 55% dei ricavi da interessi grazie a un riallineamento del portafoglio focalizzato su Agency RMBS.
La società ha recentemente acquisito Constructive Loans, LLC, un importante originatore di prestiti a scopo commerciale per investitori nel settore residenziale. Tutte le serie di azioni privilegiate e le obbligazioni senior avranno simboli ticker corrispondenti. Il rebranding non avrà impatto sulle operazioni commerciali, sui diritti degli azionisti né sullo status REIT.
New York Mortgage Trust (NASDAQ:NYMT) anunció su rebranding corporativo a Adamas Trust, Inc., con vigencia a partir del 3 de septiembre de 2025, y sus acciones ordinarias cotizarán bajo el nuevo símbolo "ADAM". El rebranding refleja la evolución de la compañía hacia una plataforma de inversión multidimensional, tras un incremento del 55% en los ingresos por intereses mediante una realineación de la cartera centrada en Agency RMBS.
La compañía adquirió recientemente a Constructive Loans, LLC, un destacado originador de préstamos con fines comerciales para inversores de bienes raíces residenciales. Todas las series de acciones preferentes y los bonos senior recibirán símbolos ticker correspondientes. El rebranding no afectará las operaciones comerciales, los derechos de los accionistas ni el estatus REIT.
New York Mortgage Trust (NASDAQ:NYMT)는 2025년 9월 3일부로 사명을 Adamas Trust, Inc.로 변경하고 보통주를 새 티커 "ADAM"으로 거래한다고 발표했습니다. 이번 리브랜딩은 에이전시 RMBS에 집중한 포트폴리오 재편을 통해 이자수익이 55% 증가한 후 회사가 다차원 투자 플랫폼으로 진화했음을 반영합니다.
회사는 최근 주거용 부동산 투자자를 위한 비즈니스 목적 대출의 주요 창구인 Constructive Loans, LLC를 인수했습니다. 모든 우선주 시리즈와 선순위 채권에는 대응하는 새로운 티커가 부여됩니다. 리브랜딩은 사업 운영, 주주 권리 또는 REIT 지위에 영향을 미치지 않습니다.
New York Mortgage Trust (NASDAQ:NYMT) a annoncé son changement de nom commercial en Adamas Trust, Inc., effectif le 3 septembre 2025, et ses actions ordinaires seront cotées sous le nouveau symbole "ADAM". Ce rebranding reflète l'évolution de la société vers une plateforme d'investissement multidimensionnelle, après une hausse de 55% des revenus d'intérêts résultant d'un réalignement du portefeuille axé sur les Agency RMBS.
La société a récemment acquis Constructive Loans, LLC, un important acteur dans l'origine de prêts à vocation commerciale pour les investisseurs immobiliers résidentiels. Toutes les séries d'actions préférentielles et les obligations senior se verront attribuer des symboles ticker correspondants. Le rebranding n'affectera ni les opérations commerciales, ni les droits des actionnaires, ni le statut REIT.
New York Mortgage Trust (NASDAQ:NYMT) kündigte sein Unternehmens-Rebranding zu Adamas Trust, Inc. an, das am 3. September 2025 wirksam wird; die Stammaktien werden unter dem neuen Tickersymbol "ADAM" gehandelt. Das Rebranding spiegelt die Weiterentwicklung des Unternehmens zu einer multidimensionalen Investmentplattform wider, nach einem 55%igen Anstieg der Zinserträge durch eine Portfolioumlenkung mit Fokus auf Agency RMBS.
Das Unternehmen hat kürzlich Constructive Loans, LLC übernommen, einen führenden Originator von zweckgebundenen Darlehen für Wohnimmobilieninvestoren. Alle Preferred-Aktien-Serien und Senior Notes erhalten entsprechende neue Ticker. Das Rebranding hat keine Auswirkungen auf die Geschäftstätigkeit, die Aktionärsrechte oder den REIT-Status.
- Interest income growth of 55% through portfolio realignment
- Strategic acquisition of Constructive Loans, LLC enhancing business purpose loan origination
- Management team brings 20+ years of experience across market cycles
- Expansion into multi-dimensional investment and operating platform
- Potential short-term market confusion due to ticker symbol changes across multiple securities
Insights
NYMT's rebrand to Adamas Trust reflects strategic expansion beyond geographical constraints with stronger business fundamentals.
New York Mortgage Trust's rebrand to Adamas Trust, Inc. represents a strategic repositioning that aligns with the company's expanded operational scope. The name change—effective September 3, 2025—comes with new ticker symbols across all securities, shifting from NYMT to ADAM for common stock.
This corporate evolution transcends mere cosmetic changes. The rebrand follows concrete business developments including a
The timing suggests management is consciously distancing from geographic limitations implied by "New York" in their original name, positioning themselves as a broader, more versatile investment platform. "Adamas"—meaning firm, unbreakable, and lasting—signals durability, particularly important for REITs operating across market cycles.
Importantly, the change preserves the company's REIT status and doesn't affect existing stockholder rights or security validity. The rebrand complements their business expansion with a more fitting corporate identity while maintaining operational and legal continuity.
NEW YORK, Sept. 02, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company,” “we” or “our”) today announced that the Company will change its name, effective as of 12:01 a.m., Eastern Time, on September 3, 2025, to “Adamas Trust, Inc.” Beginning that day, the Company’s common stock will trade on Nasdaq under the new ticker symbol “ADAM.”
Adamas, meaning “firm,” “unbreakable,” and “lasting,” reflects the Company’s focus on leading in strength, resilience, and long-term vision. The Company’s rebrand marks the next step in the Company’s evolution into a multi-dimensional investment and operating platform, unbound by geography, and we believe aligned with its mission and long-term strategy to generate durable earnings and long-term stockholder value.
“Rebranding to Adamas Trust, Inc. represents more than a name change, it is a statement of who we are and where we are headed,” said Jason Serrano, CEO. “We believe our new name and its meaning exemplify our unwavering core principles.”
Over the past year, the Company has expanded its interest income by
In connection with the name change, effective on September 3, 2025, the Company’s trading symbols on Nasdaq will change from “NYMT” to “ADAM” for the Company’s common stock, from “NYMTN” to “ADAMN” for the Company’s
The Company’s rebrand will not affect the Company’s business operations, stockholder rights, or qualification as a REIT for U.S. federal income tax purposes. The Company’s outstanding securities will remain valid, and no action is required by securityholders as a result of the name or ticker changes.
In connection with the rebrand, the Company has posted a presentation which can be accessed in the Events and Presentations section of the Company's website. The Company’s new corporate website, www.AdamasREIT.com will go live on Wednesday, September 3, 2025.
About New York Mortgage Trust, Inc.
New York Mortgage Trust, Inc. (Nasdaq: NYMT) is an internally managed real estate investment trust focused on strategically deploying capital across complementary businesses to generate durable earnings and long-term value for stockholders. Built on a foundation of strength, integrity, and resilience, NYMT combines disciplined portfolio management with an operating platform designed to capture opportunities across real estate and capital markets.
For more information, please visit www.nymtrust.com.
Forward-Looking Statements
When used in this press release, in future filings with the Securities and Exchange Commission (the “SEC”) or in other written or oral communications, statements which are not historical in nature, including those containing words such as “will,” “believe,” “expect,” “anticipate,” “estimate,” “plan,” “continue,” “intend,” “could,” “would,” “should,” “may” or similar expressions, are intended to identify “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and, as such, may involve known and unknown risks, uncertainties and assumptions. Statements regarding the following subject, among others, may be forward-looking: the timing of and the Company’s ability to consummate its rebrand to Adamas Trust, Inc., positioning and/or ability of the Company to generate attractive returns or expand the Company’s investment management capabilities and the effects of the name change on the Company’s operations, stockholder rights, or REIT status.
Forward-looking statements are based on estimates, projections, beliefs and assumptions of management of the Company at the time of such statements and are not guarantees of future performance. Forward-looking statements involve risks and uncertainties in predicting future results and conditions. Actual results and outcomes could differ materially from those projected in these forward-looking statements due to a variety of factors, including, without limitation: changes in the Company’s business and investment strategy; inflation and changes in interest rates and the fair market value of the Company’s assets, including negative changes resulting in margin calls relating to the financing of the Company’s assets; changes in credit spreads; changes in the long-term credit ratings of the U.S., Fannie Mae, Freddie Mac, and Ginnie Mae; general volatility of the markets in which the Company invests; changes in prepayment rates on the loans the Company owns or that underlie the Company’s investment securities; increased rates of default, delinquency or vacancy and/or decreased recovery rates on or at the Company’s assets; the Company’s ability to identify and acquire targeted assets, including assets in its investment pipeline; the Company's ability to dispose of assets from time to time on terms favorable to it; changes in relationships with the Company’s financing counterparties and the Company’s ability to borrow to finance its assets and the terms thereof; changes in the Company's relationships with and/or the performance of its operating partners; the Company’s ability to predict and control costs; changes in laws, regulations or policies affecting the Company’s business; the Company’s ability to make distributions to its stockholders in the future; the Company’s ability to maintain its qualification as a REIT for U.S. federal income tax purposes; the Company’s ability to maintain its exemption from registration under the Investment Company Act of 1940, as amended; impairments and declines in the value of the collateral underlying the Company's investments; changes in the benefits the Company anticipates from the acquisition of Constructive Loans, LLC; the Company's ability to effectively integrate Constructive Loans, LLC into the Company and the risks associated with the ongoing operation thereof; the Company's ability to manage or hedge credit risk, interest rate risk, and other financial and operational risks; the Company's exposure to liquidity risk, risks associated with the use of leverage, and market risks; and risks associated with investing in real estate assets and/or operating companies, including changes in business conditions and the general economy, the availability of investment opportunities and conditions in markets for residential loans, mortgage-backed securities, structured multi-family investments and other assets that the Company owns or in which the Company invests.
These and other risks, uncertainties and factors, including the risk factors and other information described in the Company’s reports filed with the SEC pursuant to the Exchange Act, could cause the Company’s actual results to differ materially from those projected in any forward-looking statements the Company makes. All forward-looking statements speak only as of the date on which they are made. New risks and uncertainties arise over time and it is not possible to predict those events or how they may affect the Company. Except as required by law, the Company is not obligated to, and does not intend to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For Further Information
| CONTACT: | AT THE COMPANY | |
| Investor Relations | ||
| Phone: 212-792-0107 | ||
| Email: InvestorRelations@nymtrust.com |
FAQ
When will New York Mortgage Trust (NYMT) change its name to Adamas Trust?
What will be the new stock symbol for Adamas Trust (formerly NYMT)?
How has New York Mortgage Trust's interest income changed before the rebranding?
Will the NYMT rebranding to Adamas Trust affect stockholder rights?
What recent acquisition did New York Mortgage Trust complete before rebranding?
