New York Mortgage Trust, Inc. announced that it will change its corporate name to "Adamas Trust, Inc." The rebrand will become effective at 12:01 a.m., Eastern Time, on September 3, 2025.
Following the name change, the company's common stock will trade on Nasdaq under the new ticker symbol "ADAM." The name "Adamas," meaning "firm," "unbreakable," and "lasting," reflects the company’s focus on strength, resilience, and long-term value.
This strategic rebrand signifies a new chapter for the company, aligning its identity with its core values and strategic direction. It aims to communicate a renewed focus on stability and enduring performance to stakeholders.
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