From GlobeNewswire: 2024-04-17 17:10:00

Adamas One Corp. received notification that it failed to regain compliance with the Nasdaq Listing Rule, risking delisting. The Company will request a hearing before a Nasdaq Hearings Panel. The Panel can grant an extension period until October 8, 2024 for the Company to regain compliance. Adamas One Corp. is a lab-grown diamond manufacturer based in South Carolina, producing high-quality, single-crystal diamonds for various applications. The Company holds 36 patents and uses proprietary technology to grow gem-sized and smaller diamond crystals. Adamas One Corp. intends to market and sell its lab-grown diamonds in the wholesale jewelry and industrial markets.



Read more at GlobeNewswire: Adamas One Receives Nasdaq Notification of Non-Compliance