Adamas Trust, Inc 8-K, filed Jun 29, 2021
Adamas Trust, Inc. (ADAM)
8-K
2021-06-29
For: 2021-06-29
View Original
Added on
April 05, 2026
About this 8-K
Adamas Trust, Inc filed this 8-K on June 29, 2021.
Items reported
- Item 7.01: Regulation FD disclosure
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 29, 2021
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
(Address and zip code of
principal executive offices)
Registrant’s telephone number, including area code: (212 ) 792-0107
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act (§230.405 of this chapter) or Rule 12b-2 under the Exchange Act (§240.12b-2 of this chapter).
Emerging Growth Company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | |||||||||||||||
| Stock Market | |||||||||||||||||
| Stock Market | |||||||||||||||||
| par value $0.01 per share, $25.00 Liquidation Preference | |||||||||||||||||
| Stock Market | |||||||||||||||||
| par value $0.01 per share, $25.00 Liquidation Preference | |||||||||||||||||
| Stock Market | |||||||||||||||||
| par value $0.01 per share, $25.00 Liquidation Preference | |||||||||||||||||
| Stock Market | |||||||||||||||||
| par value $0.01 per share, $25.00 Liquidation Preference | |||||||||||||||||
Item 7.01. Regulation FD Disclosure.
In May 2021, New York Mortgage Trust, Inc. (the “Company”) completed a securitization of business purpose loans, issuing $180.0 million of notes for net proceeds to the Company of $178.3 million, after deducting estimated expenses associated with the transaction. The Company utilized the net proceeds to repay approximately $116.8 million on outstanding non-mark-to-market repurchase agreements related to the business purpose loans.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| NEW YORK MORTGAGE TRUST, INC. | ||||||||
| (Registrant) | ||||||||
| Date: June 29, 2021 | By: | /s/ Kristine R. Nario-Eng | ||||||
| Kristine R. Nario-Eng | ||||||||
| Chief Financial Officer | ||||||||