Lab-Grown Diamond Co. Adamas One Risks Nasdaq Delisting
The company did not file its annual 10-K Form, the form that gives a comprehensive summary of financial performance over the past year.

The form is an annual report required by the U.S. Securities and Exchange Commission that gives an overview of a publicly traded company’s financial performance.
The company announced in a press release that it has received a letter from Nasdaq’s Listing Qualifications Department after it did not file a Form 10-K for its fiscal year ended Sept. 30.
The lab-grown diamond manufacturer is headquartered in Scottsdale, Arizona, and has facilities in Greenville, South Carolina.
The company holds 36 patents, using a proprietary chemical vapor deposition process to grow diamond crystals.
It trades under the ticker symbol JEWL and its stock last closed at about $0.60 per share.
If the company does not regain compliance in a timely manner, its common stock will be subject to delisting from Nasdaq.
Adamas One has until March 19 to file the report or submit a plan to Nasdaq to be back in compliance, according to the release.
If Nasdaq accepts the plan, Adamas One has up to 180 days from the due date for filing to regain compliance.
If the plan is not accepted, the company will have to appeal that decision to a Nasdaq Hearings Panel.
In the release, Adamas One stated, “The company is working diligently and expects to file its Annual Report 2023 Form 10-K shortly, which would eliminate the need for the company to submit a formal plan to regain compliance.”
The company announced plans in August to acquire India-based lab-grown diamond manufacturer Flawless Allure Grown Diamonds LLP.
Adamas One did not respond to a request for an update on the acquisition.
The Latest

The NRF is expecting holiday sales to increase this year, but consumers and retailers alike are facing Grinch-like headwinds.

Our Piece of the Week gathers the planets, represented by a variety of colored gemstones, in a pair of 14-karat yellow gold earrings.

The New York-based jeweler is moving its Amherst flagship store to a larger location in nearby Snyder.

Experience gemstones with greater precision and comfort than ever before.

Chen, who worked at Cartier and Tiffany & Co., will lead retail sales and operations for the luxury jeweler’s 11 U.S. stores.


For 40 years, sisters Amy and Elise Greenberg have helmed their 126-year-old family business, leading with appreciation and integrity.

It’s a term Smith coined and felt compelled to share following a bad experience with an aborted flight and an unfeeling flight attendant.

Submit your pieces for a chance to win in this year's competition.

Movado teamed up with the New York-based fine jewelry designer on a new collection of Movado Museum Velura watches.

The two companies are reportedly in talks to join the Global Diamond Consortium, led by former De Beers CEO Gareth Penny, as per Bloomberg.

The “Some of the Things” box follows the two larger “Everything” box designs with the look and function of antique sewing and toolboxes.

Fourth-generation jewelers Coleman and Mitchell Clark exemplify the best qualities of their predecessors: humility, modesty, and confidence.

The gem hunter, whose 70-year career was defined by adventure and exploration, is remembered for his steadfast faith and sense of wonder.

Tiffany & Co. continued its full-scale store renovation project while Bulgari’s high jewelry collection generated “record-breaking revenue.”

This year’s sessions feature leading voices from human rights, legal, and conservation organizations.

The high-end jewelry retailer was sold to private investment firm Middle West Partners and a group of longtime clients.

Dunn, this year’s Single-Store Independent inductee, is passionate about innovation and telling the story of natural diamonds.

The 24-carat fancy intense pink diamond ring could fetch up to $18 million at the November sale.

The “Island Jewel” candle honors New York City and Puerto Rico and raises money for the island’s water relief efforts.
The partnership will give JA members access to preferred pricing, exclusive benefits, technology solutions, education, and resources.

Stores should expect to see the most customers on Nov. 27, and Christmas week is expected to be hectic too, as Dec. 25 falls on a Friday.

The charm, our Piece of the Week, features brown diamond frozen hot chocolate topped with white diamond whipped cream and a ruby straw.

The top lot of Elmwood’s recent fine jewelry sale in London was a 1.84-carat, D color Tiffany & Co. solitaire diamond ring.

The watch company agreed to sell a 95 percent interest to a group comprised of F.P. Journe, Chanel, and Swiss watch exec Pierre Jacques.

This round of tariff refunds is for importers that have sued over IEEPA tariffs in the Court of International Trade and won.

It revisits the brand’s most requested silhouettes, from "Pillow"-set necklaces and bracelets to "Signature"-set rings and earrings.

The trade-only event includes buying opportunities as well as educational sessions on artisanal mining, the new Paraíba source, and more.























