New York Mortgage announces corporate rebrand to Adamas Trust

New York Mortgage (NYMT) Trust announced that the Company will change its name, effective as of 12:01 a.m., Eastern Time, on September 3, 2025, to “Adamas Trust (ADAM), 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. The Company’s rebrand will not affect the Company’s business operations, stockholder rights, or qualification as a REIT for U.S. federal income tax purposes. The Company’s outstanding securities will remain valid, and no action is required by securityholders as a result of the name or ticker changes.