---
schema_version: "secwatch.filing_event.v1"
accession: "0001199835-23-000273"
form_type: "8-K"
ticker: null
cik: "0001884072"
company_name: "Adamas One Corp."
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:33:11.900255+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Adamas One receives Nasdaq bid price deficiency; must regain $1.00 minimum by Nov 7, 2023

## Summary
- 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.

## SEC filing metadata
- accession: 0001199835-23-000273
- form_type: 8-K
- cik: 0001884072
- company_name: Adamas One Corp.
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1884072/000119983523000273/0001199835-23-000273-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1884072/000119983523000273/adamas_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001199835-23-000273
- JSON: https://secwatch.observer/filing/0001199835-23-000273.json
- Plain text: https://secwatch.observer/filing/0001199835-23-000273.txt

## Key facts
- Listing & Compliance Notices
  Adamas One Corp. received a nasdaq deficiency notice notice regarding other (rules 5250(f)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Rules: 5250(f)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1884072/000119983523000273/0001199835-23-000273-index.htm
- Listing & Compliance Notices
  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)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1884072/000119983523000273/0001199835-23-000273-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.