Business Context and Reporting Period
This Form 8-K filing by New York Mortgage Trust, Inc. (not Adamas Trust, Inc.) covers the event date of June 12, 2013, with the report filed on June 14, 2013. The filing addresses a corporate governance and listing status update regarding the Company's equity securities.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report on other events and does not contain financial statements or performance metrics.
Material Changes
The primary material change reported is the approval by the Nasdaq Listing Qualifications Department to transfer the Company's Common Stock (symbol: NYMT) from The NASDAQ Capital Market to The Nasdaq Global Select Market. This transfer became effective at the opening of business on June 14, 2013. The Company's 7.75% Series B Cumulative Redeemable Preferred Stock (symbol: NYMTP) will continue to trade on The NASDAQ Capital Market.
Guidance, Outlook, and Risks
The filing does not contain management commentary on future guidance, outlook, risks, contingencies, or unusual items. The document solely confirms the listing approval and references a press release issued on June 14, 2013.
Investor Verification Checklist
- Verify the effective date of the listing transfer to The Nasdaq Global Select Market (June 14, 2013).
- Confirm that the Common Stock trading symbol remains "NYMT" post-transfer.
- Confirm that the Preferred Stock (NYMTP) remains listed on The NASDAQ Capital Market.
- Note that this filing does not contain financial performance data; refer to the most recent 10-Q or 10-K for financial metrics.