New York Mortgage Trust, Inc. Announces Corporate Rebrand to Adamas Trust, Inc.

Core Viewpoint - The company is rebranding from New York Mortgage Trust, Inc. to Adamas Trust, Inc., effective September 3, 2025, with a new ticker symbol "ADAM" on Nasdaq, reflecting its focus on strength, resilience, and long-term vision [1][2]. Group 1: Rebranding Details - The rebranding signifies a strategic evolution into a multi-dimensional investment and operating platform, aiming to generate durable earnings and long-term stockholder value [1][2]. - The new name "Adamas" means "firm," "unbreakable," and "lasting," aligning with the company's core principles and future direction [2]. Group 2: Financial Performance and Strategy - Over the past year, the company has increased its interest income by 55% through a portfolio realignment focused on Agency RMBS and the acquisition of Constructive Loans, LLC, a key player in business purpose loans for residential real estate investors [2]. - The management team has over 20 years of experience across market cycles, positioning the company to continue generating attractive, risk-adjusted returns and expand its investment management capabilities [2]. Group 3: Operational Impact - The rebranding will not affect the company's business operations, stockholder rights, or its qualification as a REIT for U.S. federal income tax purposes [4]. - All outstanding securities will remain valid, and no action is required from securityholders due to the name or ticker changes [4]. Group 4: Corporate Communication - A new corporate website, www.AdamasREIT.com, will be launched on September 3, 2025, to reflect the rebranding [5].