Business Context and Reporting Period
This Form 8-K is a current report filed by New York Mortgage Trust, Inc. (Note: The request metadata references "ADAMAS TRUST, INC.", but the filing text explicitly identifies the registrant as New York Mortgage Trust, Inc.) on November 5, 2019. The filing serves to disclose historical financial results for the three and nine months ended September 30, 2019, pursuant to Regulation FD and Item 2.02 of Form 8-K.
Key Financial Metrics
The filing text itself does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the press release furnished as Exhibit 99.1, which is incorporated by reference but not reproduced in the body of this document.
Securities Registered:
- Common Stock (Symbol: NYMT)
- 7.75% Series B Cumulative Redeemable Preferred Stock (Symbol: NYMTP)
- 7.875% Series C Cumulative Redeemable Preferred Stock (Symbol: NYMTO)
- 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: NYMTN)
- 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: NYMTM)
Material Changes
The filing text does not provide specific data regarding material changes versus prior periods. It only confirms that the Company issued a press release announcing results for the periods ended September 30, 2019. Specific comparisons must be derived from the referenced Exhibit 99.1.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, specific risk factors, or details on contingencies. It explicitly states that the information is furnished to satisfy public disclosure requirements and is not deemed "filed" for purposes of Section 18 of the Exchange Act, nor is it incorporated by reference into other filings except as expressly set forth.
Investor Verification Checklist
- Verify Exhibit 99.1: Review the attached press release to obtain actual financial figures (revenue, net income, FFO) for the three and nine months ended September 30, 2019.
- Confirm Registrant Identity: Ensure analysis is applied to New York Mortgage Trust, Inc. (NYMT), not Adamas Trust, Inc., as the filing text identifies the former.
- Check Preferred Stock Status: Verify the current status and dividend obligations of the five series of preferred stock listed in the filing.
- Review Legal Disclaimers: Note that the financial data in this specific 8-K text is not deemed "filed" under Section 18 of the Exchange Act.