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Adamas One Priced, Nasdaq: JEWL

Early-stage producer of lab-grown diamonds for jewelry and industrial uses.

Industry: Materials

Latest Trade: $9.77 +5.27 (+117.1%)

First Day Return: n/a

Return from IPO: 0.0%

Industry: Materials

We are a high-tech diamond company that uses our proprietary technology to produce high-quality, single crystal diamonds and diamond materials through a CVD process, which we refer to as our Diamond Technology. Lab-grown diamonds have the exact physical, chemical, and optical properties of the best mined diamonds. Lab-grown diamonds are composed of a pure carbon lattice, just like mined diamonds, and are not considered synthetic or simulant diamonds like cubic zirconia and moissanite. Simulants are other chemical compounds that resemble diamonds but do not possess the same hardness, thermal characteristics, band gap energy (an important property of semiconductor substrates), and light reflectivity as diamond, whether mined or lab-grown. We use our Diamond Technology to produce finished diamonds that we intend to sell at wholesale and retail for jewelry and rough unfinished diamond materials that we intend to sell at wholesale and retail for industrial uses. We are in the initial phases of commercializing diamonds and diamond materials, and our primary mission is the development of a profitable and sustainable commercial production model for the manufacture and sale of diamonds and diamond materials, which are suitable for known, emerging, and anticipated industrial, technology, and consumer applications.
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IPO News for Adamas One
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IPO Data
IPO File Date 06/01/2022
Offer Price $4.50
Price Range $4.50 - $5.00
Offer Shares (mm) 2.5
Deal Size ($mm) $11
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/06/2022
Offer Price $4.50
Price Range $4.50 - $5.00
Offer Shares (mm) 2.5
Deal Size ($mm) $11
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Scottsdale, AZ
Founded 2018
Employees 11
Website www.adamasone.com