Adamas One Corp. (JEWL)

Adamas One will go public soon. The estimated IPO date is December 2, 2022.
IPO Price Range
$4.50 - $5.00
Shares Offered
7,165,904
Deal Size
$34.04M

Company Description

Adamas One was incorporated on September 6, 2018 for the purpose of acquiring existing technology that would efficiently and effectively produce lab-grown, environmentally friendly, ethically sourced diamonds.

We acquired substantially all of the assets of Scio Diamond Technology Corporation, which assets consisted primarily of proprietary diamond growing chemical reactors, which we refer to as diamond growing machines, patents, and all intellectual property related thereto, for an aggregate of 1,500,000 shares of our common stock and payment to certain lenders of Scio of an aggregate of $2.1 million in cash.

In addition, we agreed to pay one-half of certain other unsecured operational liabilities of Scio. Since acquiring the assets of Scio, we have continued to further develop the technologies acquired from Scio, and we have begun producing diamonds for fine jewelry and diamond material for industrial uses.

We have also further improved on Scio’s diamond recipes for pink and white diamond gemstones to the point where they are commercially competitive.

We have added new capabilities in diamond planning and laser cutting, which allows for commercially acceptable preforms to be efficiently cut and polished into gemstones.

We are currently a developmental stage company with minimal revenue and a nominal operating history.

Adamas One Corp.
Country United States
Founded 2018
IPO Date Dec 1, 2022
Industry Consumer Discretionary
Sector Specialty Retail
Employees 9
CEO John G. Grdina

Contact Details

Address:
17767 N. Perimeter Dr., Ste B115
Scottsdale, AZ 85255
United States
Phone (480) 356-8798
Website adamasone.com

Stock Details

Ticker Symbol JEWL
Exchange NASDAQ
Reporting Currency USD
CIK Code 0001884072
Employer ID 83-1833607
SIC Code 3910

Key Executives

Name Position
John “Jay” G. Grdina President, Chief Executive Officer, and Chairman of the Board
Steven R. Staehr Chief Financial Officer
Gerald A. McGuire Chief Operating Officer
Thierry J. Chaunu Director
George C. Chien Director
Alan B. Menkes Director
Paul N. Vassilakos Director

Latest SEC Filings

Date Type Title
Nov 25, 2022 8-K Current Report
Nov 14, 2022 EFFECT Notice of Effectiveness
Nov 14, 2022 8-A12B Registration of securities
Nov 10, 2022 S-1/A [Amend] General form for registration of securities under the Securities Act of 1933
Nov 3, 2022 S-1/A [Amend] General form for registration of securities under the Securities Act of 1933
Oct 18, 2022 S-1/A [Amend] General form for registration of securities under the Securities Act of 1933
Sep 14, 2022 S-1/A [Amend] General form for registration of securities under the Securities Act of 1933
May 31, 2022 S-1 General form for registration of securities under the Securities Act of 1933
Apr 13, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
Dec 23, 2021 DRS/A [Amend] [Cover] Draft Registration Statement