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New York Mortgage Trust Rebrands As Adamas Trust, Inc. With New Nasdaq Ticker "ADAM" Effective September 3, 2025

Author: Benzinga Newsdesk | September 02, 2025 08:05am

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.

Posted In: NYMT

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