Adamas One Receives Nasdaq Notification of Non-Compliance with Listing Rule 5550(a)(2)
- SCOTTSDALE, Ariz., April 17, 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, as previously disclosed, on October 12, 2023, the Company received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) notifying the Company of its noncompliance with Nasdaq Listing Rule 5550(a)(2) (the “Rule”) by failing to maintain a minimum bid price for the Company's common shares of at least $1.00 per share for 30 consecutive business days. The Company was allowed an initial 180-day grace period, or until April 9, 2024, (the “Compliance Period”), to regain compliance with the Rule. To regain compliance with the Rule the closing bid price of the Company's common shares needed to be at least $1.00 per share for a minimum of ten consecutive business days during the Compliance Period.
- 04/17/2024
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Adamas One Corp. Announces Establishment of Board of Advisors for Adamas One Technologies
- SCOTTSDALE, Ariz., March 26, 2024 (GLOBE NEWSWIRE) -- Adamas One Corp. (NASDAQ: JEWL), a leading innovator in lab-grown diamonds, is pleased to announce the formation of a Board of Advisors for its wholly-owned subsidiary, Adamas One Technologies. The Board of Advisors is comprised of esteemed industry experts that will provide strategic guidance as Adamas One Technologies explores various applications for lab-grown diamonds in the semiconductor industry.
- 03/26/2024
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Adamas One honored for advancements in lab-grown diamond manufacturing
- Adamas One Corp. (NASDAQ:JEWL) was recognized as the "Best Lab-Grown Manufacturer for 2023" by Manufacturing Technology Insights Magazine, the company said in a statement. Adamas said that Manufacturing Technology Insights Magazine honored them for advancements in lab-grown diamond manufacturing, emphasizing the company's commitment to quality, sustainability, and social responsibility.
- 03/07/2024
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Adamas One Corp. Receives Prestigious Award for Best Lab-Grown Manufacturer for 2023
- SCOTTSDALE, Ariz., March 07, 2024 (GLOBE NEWSWIRE) -- Adamas One Corp. (NASDAQ: JEWL), a leading innovator in lab-grown diamond technology, is proud to announce that it has been honored with the esteemed title of "Best Lab-Grown Manufacturer for 2023" by Manufacturing Technology Insights Magazine. This recognition highlights Adamas One Corp.'s relentless commitment to pioneering advancements in lab-grown diamonds, both within the jewelry industry and the technology sector.
- 03/07/2024
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Adamas One eyes move into technology sector after one year on Nasdaq
- Adamas One Corp. (NASDAQ:JEWL) has hailed its first year as a publicly traded company, adding that prospects for its Lab-grown diamonds in the semiconductor sector were high. In an update to shareholders, chief executive Jay Grdina said the company was eyeing another strong year after having grown its staff numbers and carried out factory upgrades following its listing on the Nasdaq in late 2022.
- 02/26/2024
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Adamas One Corp. Provides Shareholder Update
- SCOTTSDALE, Ariz., Feb. 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 technology and other industrial uses, provides a shareholder update from our CEO below:
- 02/24/2024
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Adamas One Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
- SCOTTSDALE, Ariz., Feb. 23, 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, on February 16, 2024, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it is not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) (the “Nasdaq Listing Rule”) as a result of not having timely filed its Annual Report on Form 10-K for the year ended September 30, 2023 (the “2023 Annual Report”) and not having timely filed its Quarterly Report on Form 10-Q for the period ended December 31, 2023 (“Q1 2024 Quarterly Report”) with the Securities and Exchange Commission ("SEC").
- 02/23/2024
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Market Disruptors: 3 Stocks Changing the Game in Their Industries
- The positive future of the U.S. economy is highlighted by its robust 3.1% GDP growth, which was the strongest among major advanced economies last year. The Fed's confidence in maintaining benchmark interest rates at a 23-year high reflects a healthy economy with strong employment data.
- 01/30/2024
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Adamas One Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
- SCOTTSDALE, Ariz. , Jan. 25, 2024 /PRNewswire/ -- 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, on January 19, 2024, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) (the "Nasdaq Listing Rule") as a result of not having timely filed its Annual Report on Form 10-K for the year ended September 30, 2023 (the "Annual Report 2023 Form 10-K") with the Securities and Exchange Commission ("SEC").
- 01/25/2024
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Adamas One forms tech subsidiary for lab-grown diamond use in semiconductor sector
- Adamas One Corp has announced the formation of its new wholly owned subsidiary, Adamas Technologies, which will be responsible for research & development, partnerships, and deployment of lab-grown diamond-based solutions for the technology industry. The lab-grown diamond manufacturer said lab-grown diamonds' thermal conductivity and durability make them ideal for use in semiconductor devices in the industrial and technology sectors, with properties that are expected to increase efficiency and speed of leading-edge circuitry.
- 11/09/2023
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Adamas One Corp. Announces Formation of Adamas Technologies
- Wholly owned subsidiary will focus on R&D, partnering, and deployment of Lab-Grown Diamond solutions for the technology industry SCOTTSDALE, Ariz. , Nov. 9, 2023 /PRNewswire/ -- 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 technology and other industrial uses, today announced the formation of its new wholly owned subsidiary, Adamas Technologies.
- 11/09/2023
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Adamas One Joins Webull's Corporate Connect Service
- SCOTTSDALE, Ariz., Nov. 07, 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 and technology uses, today announced that it has begun participating on the Webull Corporate Connect Service.
- 11/07/2023
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Adamas One announces first delivery of lab-grown colorless diamonds
- Adamas One Corp has reported the initial delivery of colorless diamonds in the D, E, and F color range. The lab-grown diamond manufacturer said the successful creation of colorless diamonds is the result of its research and development (R&D) efforts to improve white diamond recipes.
- 11/02/2023
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Adamas One Engages Adeptus Partners, LLC as Auditor of Record
- SCOTTSDALE, Ariz., Sept. 29, 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, announces that it has engaged Adeptus Partners, LLC as its auditor of record.
- 09/29/2023
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Adamas One Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
- SCOTTSDALE, Ariz., Sept. 05, 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 reports that, on August 29, 2023, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) (the “Nasdaq Listing Rule”) as a result of not having timely filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 (the “Q3 2023 Form 10-Q”) with the Securities and Exchange Commission ("SEC").
- 09/05/2023
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Adamas One Corp. to Host Interactive Webinar with CEO Jay Grdina on the Company's Technology and Future of the Diamond Industry on August 16, 2023 at 11:00AM EDT
- SCOTTSDALE, Ariz., Aug. 15, 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, announces that CEO Jay Grdina host an interactive webinar on the Company's Lab Grown Diamond technology and the future of the lab grown diamond industry. The webinar will be held on August 16, 2023 beginning at 11:00AM EDT.
- 08/15/2023
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Adamas One inks LOI to acquire key lab-grown diamond manufacturer
- Adamas One Corp has announced a non-binding letter of intent (LOI) to acquire a key lab-grown diamond manufacturer, Flawless Allure Grown Diamonds, LLP (FAGD). Adamas said the acquisition allows it to control all aspects of production of the company's lab-grown diamonds, as the cut and polish capabilities of this entity significantly adds value to its holdings.
- 08/08/2023
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Adamas One appoints industry veteran to drive lab-grown diamond expansion into semiconductor sector
- Adamas One, which produces lab-grown diamonds for jewelry and industrial and technological uses, has made a key appointment to support its intention of increasing its presence in the semiconductor sector. The company has tapped Peter Cohen as its vice president of business development who will initially concentrate on the utilization of lab-grown diamonds in the production of semiconductors.
- 08/04/2023
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Adamas One puts finishing touches on high-end lab-grown jewelry line to launch in September
- Adamas One Corp. (NASDAQ:JEWL) has completed initial designs for its Elle Jolie high-end luxury lab-grown jewelry line. The US-made line is expected to launch in September and will be available through Adamas' www.ElleJolie.com eCommerce website.
- 06/06/2023
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Adamas One acquires minority stake in NexGenAI Solutions Group
- Adamas One Corp announced that it has acquired a 9.99% equity stake in NexGenAI Solutions Group, Inc, which offers artificial intelligence (AI)-driven solutions aimed at revolutionizing business operations across various sectors. The lab-grown diamond manufacturer said as part of the all-stock transaction, Adamas will receive access to NexGenAI's AI-driven solutions, which the company expects will help it streamline a number of its manufacturing, marketing, branding and communications processes.
- 05/31/2023
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Adamas One is cashing in on sparkling demand for lab grown diamonds
- Last year, President Joe Biden banned the import of Russian diamonds along with caviar and vodka in response to Kremlin's invasion of Ukraine. The tightened supply chain for diamonds has put a spotlight on lab-grown diamonds (LDG), which offer shoppers bigger stones for less money.
- 05/22/2023
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Adamas One Corp. to Present at the Planet MicroCap Showcase: VEGAS 2023
- SCOTTSDALE, Ariz., April 17, 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, announces today that CEO Jay Grdina will present a corporate overview at the Planet MicroCap Showcase: VEGAS 2023. The conference is being held on April 25 – 27, 2023 at the Horseshoe Hotel & Casino (formerly Bally's) in Las Vegas, NV.
- 04/17/2023
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Adamas One eyes additional diamond revenue as it ramps up expanded factory facilities in South Carolina
- Adamas One Corp. (NASDAQ:JEWL) told investors that it expects to begin generating additional revenue by mid-summer 2023 based on current levels of production following a ramp-up of its expanded factory facilities in Greenville, South Carolina. In a business update, the company said it now has 12 full-capacity reactors that are growing diamonds at a rate of approximately 3,000 rough carats of diamonds a month.
- 03/28/2023
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Adamas One initiates up to $7.5M share repurchase plan
- Adamas One (NASDAQ:JEWL) Corp said its board of directors has authorized a share repurchase plan to repurchase up to $7.5 million of its outstanding stock, effective immediately. The company said in a statement that Adamas One (NASDAQ:JEWL)'s shares may be repurchased from time to time in open market transactions, privately negotiated block transactions, or other means in accordance with applicable securities laws.
- 02/22/2023
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