Adamas One Corp.: Nasdaq/NYSE listing notice — Adamas One receives Nasdaq bid price deficiency; must regain $1.00 minimum by Nov 7, 2023

Adamas One Corp.

Received Nasdaq notice on May 11, 2023 for bid price below $1.00 for 30 consecutive days.
Compliance period of 180 days until November 7, 2023; must close at $1.00 for 10 consecutive days.
Separate $62,000 fee deficiency was paid by May 17, resolving that delisting threat.
If non-compliance continues, may seek second 180-day period or trade on OTC Markets.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.99

Adamas One Corp. received a nasdaq deficiency notice notice regarding other (rules 5250(f)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5250(f)

Exact text from the filing

May 10, 2023, Adamas One Corp. (the “Company”) received a deficiency letter (the “Fee Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Company had not paid certain fees required by Nasdaq Listing Rule 5250(f). The Company’s past due fee balance was $62,000 and the Fee Notice informed the Company that this lack of payment would lead to the suspension of the trading of the Company’s common stock at the opening of business on May 19, 2023. In addition, Nasdaq would eventually file a Form 25-NSE with the Securities and Exc

View on SEC.gov

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.99

Adamas One Corp. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

May 11, 2023, the Company received a deficiency letter (the “Bid Price Notice”) from Nasdaq notifying the Company that, based upon the closing bid price of the Company’s common stock, par value $0.001 per share (“Common Stock”), for the last 30 consecutive business days, the Company is not currently in compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Requirement”). The Bid Price Notice has no immediate effect on the continued listing status of t

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001199835-23-000273

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.