Adamas One Corp

Adamas One Corp. is a diamond company, which engages in the production of single crystal laboratory grown diamonds (lab-grown diamonds or LGD) and diamond materials through a CVD process. Its products include diamond gemstones and diamond materials for commercial, industrial, and technological applications. The company was founded on September 6, 2018 and is headquartered in Scottsdale, AZ.

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.

Adamas One eyes additional diamond revenue as it ramps up expanded factory facilities in South Carolina

SCOTTSDALE, Ariz., March 28, 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 provides a business update for investors regarding the ramp-up of its expanded factory facilities in South Carolina.

As Reactors Reach Their Full Production Capacity Adamas One Anticipates More Than $12 Million in Annual Revenue from the Current Factory

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.

Adamas One initiates up to $7.5M share repurchase plan

SCOTTSDALE, Ariz., Feb. 22, 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 its Board of Directors has authorized a share repurchase program to repurchase up to $7.5 million of Adamas One's outstanding common stock. This share repurchase authorization is effective immediately.

Adamas One to Initiate Up to $7.5 Million Share Repurchase Plan

SCOTTSDALE, Ariz., Feb. 09, 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 it has engaged Levitate Foundry to handle branding, marketing, and e-commerce for its consumer lab-grown diamond business.

Adamas One Engages Levitate Foundry as Branding, Marketing, and E-Commerce Partner for Its Consumer Lab-Grown Diamonds Business

SCOTTSDALE, Ariz., Feb. 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 uses, announces it has renegotiated the lease for its new South Carolina manufacturing facility. The new lease allows for expansion of the facility to support up to a total of 400 proprietary reactors to produce the Company's lab-grown diamonds.

Adamas One Expected Up to $150M in EBITDA in its First Phase of Expansion

SCOTTSDALE, Ariz., Jan. 26, 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 it has appointed Adam Campbell, a 15-year veteran in the jewelry space, to design the Adamas One-branded jewelry line, which will feature the Company's lab-grown diamonds.

Adamas One Taps Industry Veteran Adam Campbell to Design Adamas One Branded Jewelry Line

Posted Instagram video went viral with more than 200,000 views within the first hour Posted Instagram video went viral with more than 200,000 views within the first hour

Renowned Jewelry Influencer TRAX NYC Visits Adamas One South Carolina Factory; Posts Demo of Adamas One Consumer Production Process

Following early 2022 ramp-up, the Company initiated sales beginning mid-second quarter Following early 2022 ramp-up, the Company initiated sales beginning mid-second quarter

On the Heels of Its Initial Public Offering, Adamas One Reports Initial Diamond Sales for Fiscal Year 2022

SCOTTSDALE, Ariz., Dec. 21, 2022 (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 announces it has retained patent counsel Schwegman, Lundberg, Woessner to reinforce and expand its current intellectual property portfolio around Adamas' proprietary chemical vapor deposition methodology and equipment for lab-grown diamonds. Some of Adamas' current patents that have been issued require updates and normal maintenance, which is underway.

Adamas One Retains Patent and Trademark Counsel Protecting and Expanding its Proprietary Chemical Vapor Deposition Methodology for Laboratory Diamond Growth

SCOTTSDALE, Ariz., Dec. 14, 2022 (GLOBE NEWSWIRE) -- Adamas One Corp. (NasdaqCM: JEWL) (“Adamas One” 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 announced the closing of its underwritten initial public offering of 2,450,000 shares of common stock at the public offering price of $4.50 per share for gross proceeds of $11,025,000, before underwriting discounts and commissions and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 367,500 shares of its common stock.

Adamas One Announces Closing of Initial Public Offering

WOODBRIDGE, N.J. , Dec. 12, 2022 /PRNewswire/ -- Lucosky Brookman LLP ("Lucosky Brookman") (www.lucbro.com), leading corporate finance, securities, and M&A law firm, announced today that its client, Adamas One Corp. (NASDAQ: JEWL) ("Adamas"), priced their initial public offering on The Nasdaq Capital Market.

Lucosky Brookman's client, Adamas One Corp. Prices Initial Public Offering On NASDAQ

SCOTTSDALE, Ariz., Dec. 09, 2022 (GLOBE NEWSWIRE) -- Adamas One Corp. (NasdaqCM: JEWL) (“Adamas One” 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 announces it has commenced trading on the Nasdaq Capital Markets Exchange under the symbol “JEWL.”

Adamas One Announces Commencement of Trading on the Nasdaq Capital Markets Exchange

Adamas One Corp. JEWL, +5.33% said it priced 2.45 million shares at $4.50 a share for proceeds of $11 million in its initial public offering for trading on Friday on the Nasdaq. The Scottsdale, Ariz.-based company specializes in lab-grown diamonds for jewelry and industrial uses. Alexander Capital LP is sole book-running manager for the offering. Adamas One priced its IPO at the bottom of its estimated range of $4.50 to $5 a share.

Lab-grown diamond maker Adamas One raises $11 mln in IPO

SCOTTSDALE, Ariz., Dec. 09, 2022 (GLOBE NEWSWIRE) -- Adamas One Corp. (NasdaqCM: JEWL) (“Adamas One” 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 announced the pricing of its underwritten initial public offering of 2,450,000 shares of common stock at an initial public offering price of $4.50 per share for gross proceeds of $11,025,000, before underwriting discounts and commissions and estimated offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to 367,000 additional shares of common stock at the offering price, less the underwriting discount.

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