Adamas Trust, Inc. entered into an equity distribution agreement with JonesTrading Institutional Services LLC, BTIG, LLC, and B. Riley Securities, Inc. to facilitate an at-the-market (ATM) offering of common stock with a maximum aggregate offering price of up to $250,000,000. The company expects to use the net proceeds for general corporate purposes, including the acquisition of mortgage, residential housing, and credit-related assets. Adamas Trust, Inc. operates in the mortgage and credit-related asset management industry.

At its 2026 Annual Meeting on June 11, 2026, Adamas Trust, Inc. stockholders approved the Third Amendment to the 2017 Equity Incentive Plan, which increases the common stock share pool by 9,000,000 shares and extends the plan's duration to April 23, 2036. The Board also adopted a new Deferred Compensation Plan for select management and non-employee directors. Additionally, the company reappointed Lisa A. Pendergast as Lead Independent Director and Steven R. Mumma as Chairman of the Board. The meeting also resulted in the election of seven directors, advisory approval of executive compensation, and ratification of Grant Thornton LLP as the independent auditor. Adamas Trust, Inc. is a financial services company that manages various series of preferred stock and senior notes.