FRANKLIN PARK, IL — Nasdaq has issued a notice of noncompliance to M-Wave Inc. for failure to maintain a minimum of $2.5 million in stockholders' equity.
M-Wave intends to submit its plan to regain compliance to Nasdaq by Nov. 30, the company said. In that regard, the company believes that it will be in full compliance with all applicable listing requirements upon completion of its previously announced merger with Blue Sun Biodiesel LLC.
LODZ, POLAND – Wet processing equipment maker HMS has completed its fifth factory, located in Lodz. The Lodz II facilities have approximately 2,500 m² of office and manufacturing space, and will begin production Dec. 15.
PHOENIX, AZ – New Era Electronics Ltd., producer of microwave PCBs, and EastBridge Partners LLC, have established NEE International LLC to act as the sales, marketing and technical service company for NEE outside of Asia.