Immersion Corp Faces Delisting Notice

Ticker: IMMR · Form: 8-K · Filed: Aug 22, 2025 · CIK: 1058811

Sentiment: bearish

Topics: delisting, listing-rules, regulatory

TL;DR

Immersion Corp got a delisting warning, might be in trouble.

AI Summary

Immersion Corporation filed an 8-K on August 22, 2025, reporting a notice of delisting or failure to satisfy continued listing rules. The filing also includes financial statements and exhibits. The company's principal executive offices are located at 2999 N.E. 191st Street, Suite 610, Aventura, FL 33180.

Why It Matters

This filing indicates potential issues with Immersion Corporation's continued listing on an exchange, which could significantly impact its stock trading and investor confidence.

Risk Assessment

Risk Level: high — A notice of delisting directly threatens the company's ability to remain publicly traded, posing a significant risk to its operations and investors.

Key Players & Entities

FAQ

What specific rule or standard has Immersion Corporation failed to satisfy, leading to the delisting notice?

The filing does not specify the exact rule or standard that Immersion Corporation has failed to satisfy, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.

What are the immediate consequences of this delisting notice for Immersion Corporation?

The immediate consequences are not detailed in this specific 8-K filing, but typically such notices require the company to take corrective action or face delisting proceedings.

Does this 8-K filing provide any information on the financial status of Immersion Corporation?

This 8-K filing indicates that financial statements and exhibits are included, but the specific details of the financial status are not summarized in the provided text.

When was the earliest event reported in this filing?

The earliest event reported in this filing occurred on August 20, 2025.

What is the business address of Immersion Corporation?

The business address of Immersion Corporation is 2999 N.E. 191st Street, Suite 610, Aventura, FL 33180.

Filing Stats: 837 words · 3 min read · ~3 pages · Grade level 12.3 · Accepted 2025-08-22 16:29:40

Key Financial Figures

Filing Documents

01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On August 20, 2025, Immersion Corporation (the "Company") received written notice (the "Nasdaq Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it did not timely file its Annual Report on Form 10-K for the fiscal year ended April 30, 2025 (the "Form 10-K"), as required for continued listing on The Nasdaq Stock Market pursuant to Nasdaq Listing Rule 5250(c)(1). Under Nasdaq rules, the Company has 60 calendar days from the date of the Nasdaq Notification Letter to submit to Nasdaq a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1). As previously reported on the Company's Notification of Late Filing on Form 12b-25, filed with the Securities and Exchange Commission on July, 30, 2025, Barnes & Noble Education, Inc. ("BNED"), a subsidiary of the Company, is conducting an audit committee internal investigation that rendered management unable to complete the Company's financial reporting process and preparation of its financial statements for the fiscal year ended April 30, 2025. The Company is working diligently to complete the necessary work to file the Form 10-K as soon as practicable to regain compliance with Nasdaq Listing Rule 5250(c)(1), but the Company's ability to file the Form 10-K remains subject to BNED's completion of its audit committee internal investigation and the consolidation of BNED's financial information. The Company's common stock will continue to be listed and traded on The Nasdaq Stock Market during the 60-day grace period, subject to its compliance with the other continued listing requirements of The Nasdaq Stock Market. A press release, dated August 22, 2025, disclosing the Company's receipt of the Nasdaq notification letter referenced above is attached hereto as Exhibit 99.1.

Forward-Looking Statements

Forward-Looking Statements Certain statements made in this report constitute forward-looking statements within the meaning of the federal securities laws. All statements contained in this report that do not relate to matters of historical fact should be considered forward-looking statements. For example, forward-looking statements include, without limitation, statements regarding the Company's anticipated filing of its Form 10-K. These forward-looking statements are based on management's current expectations. These statements are neither promises nor guarantees and are subject to risks described from time to time in the Company's periodic filings with the SEC. The forward-looking statements included in this report are made only as of the date of this report, and, unless otherwise required by applicable law, the Company assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to do so, whether as a result of new information, future events or otherwise.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (a) Exhibits. Exhibit No. Description 99.1 Press Release, dated August 22, 2025. 104 Cover Page Interactive Data (embedded within the Inline XBRL document).

SIGNATURES

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. IMMERSION CORPORATION Date: August 22, 2025 By: /s/ J. Michael Dodson Name: J. Michael Dodson Title: Chief Financial Officer

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