Immersion Corp. Faces Delisting Concerns

TL;DR

Immersion Corp. might get delisted - big trouble ahead.

AI Summary

Immersion Corporation filed an 8-K on October 2, 2025, reporting a notice of delisting or failure to satisfy continued listing rules. The filing indicates potential issues with maintaining its listing on the stock exchange as of September 29, 2025. The company is incorporated in Delaware and its principal executive offices are located in Aventura, Florida.

Why It Matters

This filing signals potential financial distress or non-compliance with exchange rules, which could lead to the stock being delisted, impacting liquidity and investor confidence.

Risk Assessment

Risk Level: high — A notice of delisting or failure to meet listing standards is a severe indicator of financial instability or significant compliance issues.

Key Players & Entities

• Immersion Corporation (company) — Registrant
• Delaware (jurisdiction) — State of incorporation
• Aventura, FL (location) — Address of principal executive offices
• September 29, 2025 (date) — Date of earliest event reported
• October 2, 2025 (date) — Date of report

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value per share IMMR The Nasdaq

Filing Documents

• immr-20250929.htm (8-K) — 58KB
• immr-ex99_1.htm (EX-99.1) — 19KB
• 0001193125-25-228531.txt ( ) — 219KB
• immr-20250929.xsd (EX-101.SCH) — 49KB
• immr-20250929_htm.xml (XML) — 6KB

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 September 29, 2025, Immersion Corporation (the "Company" or "Immersion") received written notice (the "10-Q 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 Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2025 (the "Form 10-Q"). As previously disclosed, on August 20, 2025, the Company received written notice (the "10-K Nasdaq Notification Letter") from 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"). Both the Form 10-Q and the Form 10-K are required to be filed for continued listing on Nasdaq pursuant to Nasdaq Listing Rule 5250(c)(1). Under Nasdaq rules, the Company has 60 calendar days from the date of the 10-K Nasdaq Notification Letter, or October 20, 2025, to submit to Nasdaq a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1). If Nasdaq accepts the plan, the Company will have until February 9, 2026 to regain compliance. As previously reported on the Company's Notification of Late Filings on Form 12b-25, filed with the Securities and Exchange Commission (the "SEC") on July 30, 2025, and September 16, 2025, Immersion and Barnes & Noble Education, Inc. ("BNED"), a consolidated subsidiary of the Company, are conducting audit committee investigations that will result in the restatement of previously-issued financial information (the "Restatement"). As a result of the ongoing investigations by the Immersion and BNED audit committees and the Company's work with respect to the Restatement, management is unable to complete the Company's financial reporting process and preparation of its financial statements for the fiscal quarter ended July 31, 2025, and the fiscal year ended April 30, 2025. The Company is w

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 and Form 10-Q. 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. (d) Exhibits. No. Description 99.1 Press Release, dated October 2, 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: October 2, 2025 By: /s/ J. Michael Dodson Name: J. Michael Dodson Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR