Adamas One Gets Nasdaq Notification Of Non-Compliance With Listing Rule 5250(c)(1)
Portfolio Pulse from Benzinga Newsdesk
Adamas One has received a notification from Nasdaq about its non-compliance with Listing Rule 5250(c)(1). The company has until October 30, 2023 to file the Q3 2023 Form 10-Q or to submit a plan to regain compliance.
September 05, 2023 | 9:45 pm
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NEGATIVE IMPACT
Adamas One, listed as JEWL, has been notified by Nasdaq about non-compliance with a listing rule. The company has until October 30, 2023 to regain compliance.
The news of non-compliance with Nasdaq's listing rule could negatively impact investor sentiment towards JEWL, potentially leading to a decrease in its stock price in the short term. The company's ability to regain compliance by the given deadline will be crucial.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100