Announcement • Sep 10
Nasdaq Hearings Panel Determines to Delist Adamas One Corp.'s Common Stock from Nasdaq As previously disclosed, on August 21, 2024, Adamas One Corp. (the Company") received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (Nasdaq") notifying the Company that, per Nasdaq Listing Rule 5250(c)(1) (the Filings Rule"), the Company was delinquent in filing its Quarterly Report on Form 10-Q for the period ended June 30, 2024, which served as an additional basis for delisting the Company's securities from Nasdaq (previous delinquency and delisting letters from the Listing Qualifications Department and a decision letter from the Nasdaq Hearings Panel that heard the Company's appeal on May 30 (the Panel") were disclosed in Current Reports on Form 8-K the Company previously filed). On September 3, 2024, the Company received a letter from the Panel that, due to the Company not curing its previous 10-K and 10-Q filing delinquencies until after the expiration of the August 20th deadline (a deadline extended from July 29 by the Panel at the Company's request) and, as of September 3, the Company not demonstrating compliance with the Filings Rule (with the June 30 10-Q not having been filed prior to September 3rd), the Panel had determined it would delist the Company's common stock from Nasdaq. Trading in the common stock was suspended at the open of trading on September 5th. The Company's common stock is currently quoted on the OTC Pink Limited Information marketplace maintained by OTC Markets Group Inc. Nasdaq will complete the delisting by filing a Form 25 Notification of Delisting with the Securities and Exchange Commission after applicable appeal periods have lapsed. The Company does not plan to appeal the Panel's decision. Announcement • Sep 06
Adamas One Corp.(OTCPK:JEWL) dropped from NASDAQ Composite Index Adamas One Corp. has been dropped from the NASDAQ Composite Index (^COMP) . Announcement • Aug 28
Adamas One Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1) Adamas One Corp. (‘Adamas One’ ‘Adamas’ or the ‘Company’) reported that, as previously disclosed, the Company had 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’). On June 07, 2024, the Company received a decision letter from the Panel of the Nasdaq Stock Market (‘Nasdaq’). The Panel granted the Company’s request for continued listing on The Nasdaq Capital Market, subject to the following: 1) on or before July 29, 2024, the Company shall cure its filing delinquencies and demonstrate compliance with the Filings Rule; and 2) on or before August 30, 2024, the Company shall have demonstrated compliance with the Minimum Bid Price Rule, by evidencing a closing bid price of $1 or more per share for a minimum of ten consecutive trading sessions. On August 21, 2024, the Company received a letter from the Listing Qualifications Department of the Nasdaq notifying the Company that, per the Filings Rule, the Company is delinquent in filing its Quarterly Report on Form 10-Q for the period ended June 30, 2024, which serves as an additional basis for delisting the Company’s securities from Nasdaq. The Company intends to present a plan to regain compliance with the Filings Rule and request the continued listing of its common shares on Nasdaq pending such compliance. However, there can be no assurance that the Panel will grant the Company’s request or that the Company will ultimately regain compliance with all applicable requirements for continued listing on Nasdaq. 
