HELSINKI – Beleagured PWB maker Aspocomp has entered into a debt restructuring agreement with its Finnish bank creditors, the company reports.
Read more: Aspocomp Reaches Agreement on Debt Restructuring
PETACH-TIKVA, ISRAEL – PCB manufacturer Eltek Ltd. reported third-quarter revenues of $8.8 million, up 2.3% sequentially, and down 12% year-over-year. The company incurred a third-quarter loss of $223,000, down from net income of $482,000 last year.
Read more: Eltek Reports 12% YoY Decrease in Q3 Revenue
PLYMOUTH, MNInnovex received a staff deficiency letter from Nasdaq stating that for the last 30 consecutive business days, the bid price of the company’s common stock has closed below the minimum $1 per share required for continued inclusion on the Nasdaq Global Market.
 
Therefore, the PWB fabricator was not in compliance and has until May 19 to regain compliance.
 
If at anytime before May 19, the bid price of the company’s common stock closes at $1 per share or more for a minimum of 10 consecutive business days, compliance will be achieved.
 
The Nasdaq staff deficiency letter has no effect on the listing of the company’s common stock at this time, Innovex reports.

HONG KONG – An upcoming Webinar will look at the fundamentals of PCB assembly, and how manufacturers made changes for high-production Pb-free assembly in different regions of the world. 
 
The free, one-hour Webinar features MacDermid Electronics Solutions’ Don Cullen interviewing Bihari Patel, an instructor for IPC and SMTA workshops.
 
The Webinar will take place Dec. 17 at 9 p.m. EST.
 
The event is sponsored by MacDermid.
 
Visit http://www.macdermid.com/electronics/webinars.html
 
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.
TOKYOMeiko Vietnam Electronics Ltd. Co. has completed construction on a bare board fabrication plant in Ha Tay province, near Hanoi.
 
The company, a subsidiary of Japan's Meiko Group, received government approval to commence the project last December. It invested a reported $300 million in the development.
 
Meiko also has 12 factories in Japan and three in China's Hubei Province, where it has also been expanding.

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