Qualstar Corp. will switch the Nasdaq market on which it trades, a move that will put the company back in compliance with Nasdaq rules, the company announced Monday. The Simi Valley tape storage and power products manufacturer will begin trading on the Nasdaq Capital Market on July 2. The company currently trades on the Global Market. The Capital Market is made up of companies with small-market capitalization and is less stringent about its listing requirements as compared with the Global Market, which lists companies with larger market caps. Qualstar was notified in May it was out of compliance with Nasdaq requirements for failing to maintain a minimum of $10 million in shareholder equity. Shares closed down 7 cents, or 5 percent, to $1.32 on the Nasdaq.