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): December 8, 2005

                                CorVu Corporation
             (Exact name of Registrant as Specified in its Charter)

                                    Minnesota
                 (State or Other Jurisdiction of Incorporation)


         0-29299                                                 41-1457090
(Commission File Number)                                       (IRS Employer
                                                             Identification No.)

                              3400 West 66th Street
                             Edina, Minnesota 55435
              (Address of Principal Executive Offices and Zip Code)

                                 (952) 944-7777
              (Registrant's telephone number, including area code)

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)


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:

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

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

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

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


<PAGE>

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

      On December 8, 2005, the shareholders of CorVu Corporation (the "Company")
approved  the  amendment  of its 1996 Stock  Option  Plan (the  "1996  Plan") to
increase the shares  reserved  under the Plan from  4,500,000 to 8,000,000.  The
shareholders  also approved the 2005 Equity Incentive Plan ("2005 Plan"),  which
provides for the issuance of up to 5,000,000  shares of common stock pursuant to
incentive and non-qualified stock option grants and restricted stock awards. The
term of the 2005 Plan is until  October 24,  2015.  Copies of the 1996 Plan,  as
amended, the 2005 Plan and Form of Nonqualified Stock Option Agreement under the
2005 Plan are attached hereto as Exhibits 10.1, 10.2 and 10.3, respectively, and
incorporated herein by reference.


ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

      (a)   Financial statements: None.

      (b)   Pro forma financial information: None.

      (c)   Shell Company Transactions. None.

      (d)   Exhibits:

            10.1  CorVu  Corporation  1996 Stock Option Plan, as amended through
                  June 29, 2005

            10.2  CovVu Corporation 2005 Equity Incentive Plan

            10.3  Form of Nonqualified  Stock Option Agreement under 2005 Equity
                  Incentive Plan


<PAGE>
                                   SIGNATURES

      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.


                                         CORVU CORPORATION


                                         By  /s/ David C. Carlson
                                             ------------------------
Date:  December 9, 2005                      David C. Carlson
                                             Chief Financial Officer


<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                  EXHIBIT INDEX
                                       TO
                                    FORM 8-K

                                CORVU CORPORATION

Date of Report:                                             Commission File No.:
December 8, 2005                                                  0-29299



EXHIBIT NO.          ITEM
-----------          ----

10.1  CorVu Corporation 1996 Stock Option Plan, as Amended through June 29, 2005

10.2  CovVu Corporation 2005 Equity Incentive Plan

10.3  Nonqualified Stock Option Agreement under 2005 Equity Incentive Plan
{"company-data": {"conformed-name": "CORVU CORP", "cik": "0001103341", "assigned-sic": "7372", "irs-number": "411457090", "state-of-incorporation": "MN", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-29299", "film-number": "051254432"}, "business-address": {"street1": "3400 W 66TH ST", "street2": "STE 445", "city": "EDINA", "state": "MN", "zip": "55435", "phone": "9529447777"}, "mail-address": {"street1": "3400 W. 66TH ST", "street2": "SUITE 445", "city": "EDINA", "state": "MN", "zip": "55435"}}
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): December 8, 2005

                                CorVu Corporation
             (Exact name of Registrant as Specified in its Charter)

                                    Minnesota
                 (State or Other Jurisdiction of Incorporation)

         0-29299                                                 41-1457090
(Commission File Number)                                       (IRS Employer
                                                             Identification No.)

                              3400 West 66th Street
                             Edina, Minnesota 55435
              (Address of Principal Executive Offices and Zip Code)

                                 (952) 944-7777
              (Registrant's telephone number, including area code)

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)

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:

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

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

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

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

      On December 8, 2005, the shareholders of CorVu Corporation (the "Company")
approved  the  amendment  of its 1996 Stock  Option  Plan (the  "1996  Plan") to
increase the shares  reserved  under the Plan from  4,500,000 to 8,000,000.  The
shareholders  also approved the 2005 Equity Incentive Plan ("2005 Plan"),  which
provides for the issuance of up to 5,000,000  shares of common stock pursuant to
incentive and non-qualified stock option grants and restricted stock awards. The
term of the 2005 Plan is until  October 24,  2015.  Copies of the 1996 Plan,  as
amended, the 2005 Plan and Form of Nonqualified Stock Option Agreement under the
2005 Plan are attached hereto as Exhibits 10.1, 10.2 and 10.3, respectively, and
incorporated herein by reference.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

      (a)   Financial statements: None.

      (b)   Pro forma financial information: None.

      (c)   Shell Company Transactions. None.

      (d)   Exhibits:

            10.1  CorVu  Corporation  1996 Stock Option Plan, as amended through
                  June 29, 2005

            10.2  CovVu Corporation 2005 Equity Incentive Plan

            10.3  Form of Nonqualified  Stock Option Agreement under 2005 Equity
                  Incentive Plan
SIGNATURES

      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.

                                         CORVU CORPORATION

                                         By  /s/ David C. Carlson
                                             ------------------------
Date:  December 9, 2005                      David C. Carlson
                                             Chief Financial Officer
SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                  EXHIBIT INDEX
                                       TO
                                    FORM 8-K

                                CORVU CORPORATION

Date of Report:                                             Commission File No.:
December 8, 2005                                                  0-29299

EXHIBIT NO.          ITEM
-----------          ----

10.1  CorVu Corporation 1996 Stock Option Plan, as Amended through June 29, 2005

10.2  CovVu Corporation 2005 Equity Incentive Plan

10.3  Nonqualified Stock Option Agreement under 2005 Equity Incentive Plan