Adamas one receives nasdaq notification of non-compliance with listing rule 5250(c)(1)

Scottsdale, ariz., may 24, 2024 (globe newswire) -- adamas one corp. (nasdaq: jewl) (“adamas one,” “adamas” or the “company”), the original lab-grown diamond company™, a high-tech company that leverages proprietary technology to produce high-quality, single-crystal, lab-grown diamonds for jewelry and diamond materials for industrial uses, today reports that it has a hearing scheduled for may 30, 2024 before a nasdaq hearings panel (the “panel”) regarding its plan to regain compliance with (1) nasdaq listing rule 5550(a)(2) (the “minimum bid price rule”); (2) nasdaq listing rule 5250(f) (the “fees rule”); and (3) nasdaq listing rule 5250(c)(1) (the “filings rule”).
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