New York Mortgage Trust Changes Name to Adamas Trust, Nasdaq Ticker ADAM.

New York Mortgage Trust, Inc. will change its name to Adamas Trust, Inc. and trade on Nasdaq under the ticker symbol "ADAM" starting September 3, 2025. The rebranding reflects the company's focus on strength, resilience, and long-term vision, and aligns with its mission and strategy to generate durable earnings and long-term value for shareholders.

New York Mortgage Trust, Inc. (NYMT) has announced a significant corporate rebranding, effective September 3, 2025. The company will change its name to Adamas Trust, Inc. and trade on Nasdaq under the new ticker symbol "ADAM" [1].

The rebranding reflects NYMT's evolution into a multi-dimensional investment platform, with a focus on strength, resilience, and long-term vision. The company has expanded its interest income by 55% through a portfolio realignment focused on Agency RMBS and recently acquired Constructive Loans, LLC, a leading originator in business purpose loans for residential real estate investors [1].

The rebranding will not affect business operations, stockholder rights, or the company's qualification as a REIT for U.S. federal income tax purposes. All preferred stock series and senior notes will receive corresponding new ticker symbols [1].

Jason Serrano, CEO of NYMT, commented, "Rebranding to Adamas Trust, Inc. represents more than a name change. It is a statement of who we are and where we are headed. We believe our new name and its meaning exemplify our unwavering core principles" [1].

The company's new corporate website, www.AdamasREIT.com, will go live on September 3, 2025. For more information, please visit www.nymtrust.com [1].

References:
[1] https://www.stocktitan.net/news/NYMT/new-york-mortgage-trust-inc-announces-corporate-rebrand-to-adamas-0pj11kzphes7.html