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PHOENIX -- Suntron Corp. is out of compliance with Nasdaq Stock Market rules for continued listing for failure to maintain a minimum market value of publicly held shares of $5 million for 30 consecutive trading days, the company said.

Suntron, a contract assembler, has until Aug. 22 to comply; failure to do so will lead to delisting of the company's common stock.

Suntron said it is evaluating its options.

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