Delisting Determination,The Nasdaq Stock Market, LLC,
September 14, 2012, Valence Technology, Inc. The Nasdaq Stock
Market, Inc. (the Exchange) has determined to remove from
listing the common stock of Valence Technology, Inc.
(the Company), effective at the opening of the trading
session on September 24, 2012. Based on review of information
provided by the Company, Nasdaq Staff determined that the
Company no longer qualified for listing on the Exchange
pursuant to Listing Rule 5550(a)(2). The Company
was notified of the Staffs determination on June 12, 2012.
The Company appealed the determination to a Hearing Panel.
On July 12, 2012,the Company withdrew its request
for an appeal and the Staff determination to delist the
Company became final on August 27, 2012.