impluCorporation

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  July 9, 2008

 

VALENCE TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)

 

 

12201 Technology Boulevard, Suite 150

Austin, Texas  78727

(Address of principal executive offices)

 

(512) 527-2900

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 5.02               Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On July 9, 2008, Galen H. Fischer, the Chief Financial Officer of Valence Technology, Inc. (the “Company”) announced his resignation, effective July 23, 2008.

 

Donald E. Gottschalk, Corporate Controller, will assume the day-to-day financial management responsibilities for the company during the interim between Mr. Fischer’s departure and the appointment of his replacement.  Mr. Gottschalk is a Certified Public Accountant and has more than 25 years of accounting and financial experience.

 

Item 7.01.              Regulation FD Disclosure.

 

On July 11, 2008, the Company issued a press release titled “Valence Technology Announces Departure of Chief Financial Officer,” a copy of which is attached hereto as Exhibit 99.1.

 

In accordance with General Instruction B.2 of Form 8-K, the information contained in this Item 7.01, including the exhibits attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference into any filing under the Securities Exchange Act of 1934, as amended, or the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01.              Financial Statements and Exhibits.

 

(d)                                  Exhibits

 

                                                                                                Exhibit 99.1            Press Release, dated July 11, 2008.

 

 

2

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: July 14, 2008	VALENCE TECHNOLOGY, INC.
	By:	/s/ Roger Williams
		Roger Williams
		Vice President, General Counsel and
		Assistant Secretary

 

 

EXHIBIT INDEX

 

Exhibit 99.1                                    Press Release, dated July 11, 2008.

 

 

3