JEWL News

Micro-cap diamond maker Adamas One (JEWL) completed the first offering of the December IPO market. The biggest news of the week came from Vingroup’s Vinfast Auto (VFS), which filed for an IPO we estimate could raise more than $1 billion. It is expected to be the largest IPO from a Vietnamese company since 2018, and the first US IPO from a...read more

Adamas One, an early-stage producer of lab-grown diamonds for jewelry and industrial uses, raised $11 million by offering 2.5 million primary shares at $4.50, the low end of the range of $4.50 to $5.00. It previously filed to offer 3.2 million primary shares. As part of ...read more

Two small holdovers are currently on the calendar for the week ahead, though only one is large enough to be included in our IPO stats. Adamas One (JEWL) may price in the week ahead, planning to raise $34 million at a $97 million market cap. The early-stage lab-grown diamond producer just recently began generating revenue. While not counted below,...read more

One small deal may price in the short Thanksgiving week, although other small deals may join the calendar last minute. While the IPO market is expected to remain quiet in the week ahead, recent updates from several large issuers in the pipeline, as well as sizable new filings from insurer Skyward Specialty (SKWD) and oil and gas companies ...read more