|Over a week ago|
Adamas One appoints Campbell to design its branded jewelry line » 09:0501/2601/26/23
Adamas One announces it…
Adamas One announces it has appointed Adam Campbell to design the Adamas One-branded jewelry line, which will feature the Company's lab-grown diamonds. Campbell has been utilized by the industry as one of the top consultants, promotional agents and public spokespeople for several of the world's more recognizable luxury brands. Currently he is the owner of a by-appointment-only bespoke jewelry office that services hundreds of clients globally with sales in both classic and avant garde diamond and exotic gemstone jewelry.
Adamas One says TRAX NYC conducted video tour of S.C. Factory » 09:1301/1901/19/23
Adamas One Corp.…
Adamas One Corp. announces that diamond influencer TRAX NYC conducted a video tour of the Company's Greenville, S.C. factory and posted the Company's development process in a video on Instagram. Within the first hour, the video received more than 200,000 views.
|Over a month ago|
Adamas One to reinforce, expand current intellectual property portfolio » 08:1112/2112/21/22
Adamas One announces it…
Adamas One 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 CEO Jay Grdina comments, "We have extensive proprietary intellectual property around our methodology and systems around our lab grown diamond technology. The protection of these methods and systems is paramount to our achieving our commercial goals and to protecting our proprietary methodology for growing diamonds for commercial and industrial use in the laboratory. We believe that we have made some great achievements over the last 2 years of research and development. We will be looking to apply for additional patents furthering our goal of technology domination within the lab grown sector. We anticipate completing the update regarding our current patents with the USPTO shortly and will update shareholders as appropriate." Adamas One holds 28 issued patents in the United States and 8 issued patents in other countries, including Australia, Canada, China, India, and South Africa.
Adamas One provides shareholders with projected path to growth in 2023 » 08:0912/1512/15/22
Adamas One provides…
Adamas One provides shareholders with its projected path toward growth in 2023. Adamas One CEO Jay Grdina comments, "Now that we are past the all-important inflection point of our initial public offering and the closing of our financing round, we are poised to execute on our business plan. As we have long indicated, a significant portion of our activities will be centered around three major areas: facility and product expansion, research & development, and sales and marketing. We will now be focusing on opening our current facility, which houses 12 diamond growing machines, to full capacity. At which point, we will be capable of generating on average 3,000 rough carats of diamonds per month. From an expansion perspective, we expect to make a significant investment in building out our new manufacturing facility where we anticipate building as many as 300 diamond growing machines. We anticipate this expansion to begin in early 2023 and require several phases. We will continue to update shareholders on progress in that area, as it is essential to our growth."
Adamas One announces key trademarks supporting marketing, branding » 08:0612/1312/13/22
Adamas One announces it…
Adamas One announces it has trademarked key branding elements. The newly trademarked content includes, "The Original Lab Grown Diamond Company." Adamas One possesses key intellectual property that can traced back to the original CVD process for lab-grown diamonds. The second trademark covers the Company tagline, "Not mined. Not fake. Just sped up perfection." Jay Grdina, Adamas One's CEO, comments, "These trademarks are an important element of our ongoing marketing. Following our recent IPO, we are dedicated to more aggressive outreach, and these trademarked elements will provide us with stronger positioning and brand engagement as we enter the holiday season and the new year."
Adamas One opened at $8.60, IPO priced at $4.50 per share » 12:0112/0912/09/22
Adamas One priced its…
Adamas One priced its initial public offering of 2.45M shares of common stock at an initial public offering price of $4.50 per share. Adamas One, calls itself "The Original Lab-Grown Diamond Company," stating that it leverages proprietary technology to produce high-quality, single-crystal, Lab-Grown Diamonds for jewelry and diamond materials for industrial uses. Alexander Capital is acting as sole book-running manager for the offering.
Adamas One 2.45M share IPO priced at $4.50 » 08:0912/0912/09/22
The deal priced at low…
The deal priced at low end of $4.50-$5.00 range. Alexander Capital is acting as sole book running manager for the offering.
Adamas One announces pricing of initial public offering » 08:0512/0912/09/22
Adamas One announced the…
Adamas One 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. The shares are expected to begin trading on The Nasdaq Capital Market on December 9, 2022, under the ticker symbol "JEWL." The offering is expected to close on December 13, 2022, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds of this offering primarily for general corporate purposes, including working capital, R&D, operating expenses which may include debt repayment and capital expenditures. Alexander Capital, LP is acting as sole book-running manager for the offering. Greenberg Traurig LLP and Lucosky Brookman LLP served as co-counsel to Adamas. Carmel, Milazzo & Feil LLP served as counsel to the underwriters.