regulatory
confidence high
sentiment negative
materiality 0.70
Immersion receives Nasdaq delinquency notice for late 10-K filing due to BNED investigation
IMMERSION CORP
- Received Nasdaq notice on Aug 20, 2025 for failure to timely file Form 10-K for FY ended April 30, 2025.
- Has 60 days to submit a compliance plan; stock continues trading during grace period.
- Late filing caused by BNED (subsidiary) audit committee internal investigation; consolidation needed.
- Previously disclosed late filing on Form 12b-25 on July 30, 2025; investigation ongoing.
- Company working to file 10-K as soon as BNED investigation concludes.