Stock Market News
Adams shares soar after opening
2022.12.09 12:05
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Adams shares soar after opening
Budrigannews.com – Adamas One Corporation’s (Nasdaq: After pricing 2,450,000 shares of common stock at a price of $4.50 per share for the initial public offering, JEWL) opened for trading at $8.60. Shortly after opening, shares were stopped.
The offering’s sole book-running manager is Alexander Capital, LP. Adamas was represented by Greenberg Traurig LLP and Lucosky Brookman LLP as co-counsel. The underwriters’ legal counsel was Carmel, Milazzo & Feil LLP.
Adamas is a lab-developed jewel producer that produces close to faultless single-gem precious stones for gemstone and modern applications, in its offices in Greenville, South Carolina.