Business Context and Reporting Period
Company: Adamas Trust, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: April 29, 2026
Reporting Period: Three months ended March 31, 2026 (First Quarter 2026)
This filing serves as a notification that the Company has issued a press release and supplemental financial information regarding its Q1 2026 results. The detailed financial data is contained in Exhibit 99.1 (Press Release) and Exhibit 99.2 (Supplemental Financial Information), which are incorporated by reference but not deemed "filed" under Section 18 of the Exchange Act.
Key Financial Metrics
The provided text is a cover sheet for the 8-K filing and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are located in the referenced exhibits (99.1 and 99.2) which are not included in the input text.
Securities Registered: The filing lists the following securities trading on the NASDAQ Stock Market:
- Common Stock (ADAM)
- 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (ADAMN)
- 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (ADAMM)
- 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (ADAML)
- 7.000% Series G Cumulative Redeemable Preferred Stock (ADAMZ)
- 9.125% Senior Notes due 2029 (ADAMI)
- 9.125% Senior Notes due 2030 (ADAMG)
- 9.875% Senior Notes due 2030 (ADAMH)
- 9.250% Senior Notes due 2031 (ADAMO)
Material Changes
The filing text does not provide specific data regarding material changes in financial performance compared to the prior comparable period. Investors must refer to the attached press release (Exhibit 99.1) for year-over-year comparisons and operational updates.
Guidance, Outlook, and Risks
Management Commentary: The filing confirms the release of Q1 2026 financial results and supplemental information via the Company's website and press release.
Guidance and Risks: No specific guidance, outlook, risk factors, or contingencies are detailed in the text of this 8-K cover sheet. Such information is expected to be found in the referenced exhibits.
Investor Verification Checklist
- Review Exhibit 99.1: Verify the specific revenue, net income, and funds from operations (FFO) figures for the quarter ended March 31, 2026.
- Review Exhibit 99.2: Check supplemental financial data for same-store net operating income (NOI) and occupancy rates.
- Debt Obligations: Confirm the status of the various Senior Notes and Preferred Stock series listed, particularly regarding interest payments and redemption dates.
- Forward-Looking Statements: Examine the press release for any updated full-year 2026 guidance or changes in strategic outlook.