Adamas Trust Inc. has announced the pricing of a public offering of $90 million aggregate principal amount of its 9.250% senior notes due 2031. The company has also granted underwriters a 30-day option to purchase up to an additional $13.5 million in notes to cover over-allotments. The notes, which are senior unsecured obligations, will pay interest quarterly and are expected to mature on April 1, 2031, with the option for early redemption starting April 1, 2028. Adamas Trust has applied to list the notes on the Nasdaq Global Select Market under the symbol "ADAMO," with trading expected to begin within 30 days after issuance. The net proceeds are intended for general corporate purposes, including asset acquisitions and/or repayment of existing debt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Adamas Trust Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9621083-en) on January 06, 2026, and is solely responsible for the information contained therein.