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-0.0049723756906078 -0.0049723756906078 0.00994475138121545 0.0497237569060774 0.0497237569060774 0.0497237569060774 0.0497237569060774 0.0497237569060774
Stock impact report

Adamas One Receives Nasdaq Notification of Non-Compliance with Listing Rule 5550(a)(2)

Adamas One Corp. (JEWL) 
Company Research Source: GlobeNewswire
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 Show less Read more
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