Adamas Trust Inc. has completed the issuance and sale of $90 million aggregate principal amount of its 9.250% Senior Notes due 2031 in a public offering. The Notes were issued at 100% of the principal amount and bear interest at a rate of 9.250% per year, payable quarterly in arrears. The Notes are expected to mature on April 1, 2031, unless earlier redeemed. The company has also granted underwriters a 30-day option to purchase up to an additional $13.5 million aggregate principal amount of the Notes to cover over-allotments. Net proceeds of approximately $86.6 million are expected to be used for general corporate purposes, including asset acquisitions 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-003334), on January 13, 2026, and is solely responsible for the information contained therein.