Adamas one enters into a letter of intent to acquire a key diamond manufacturing company, solidifying its position as a leader in the lab-grown diamond market

Scottsdale, ariz., aug. 08, 2023 (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 announces it has entered into a non-binding letter of intent (loi) to acquire a key lab-grown diamond manufacturer, flawless allure grown diamonds, llp (“fagd”).
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