secwatch.observer — SEC 8-K summary
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Issuer:     IMMERSION CORP (IMMR)
CIK:        0001058811
Form:       8-K
Filed at:   2025-08-22T23:59:59+00:00
Accession:  0001058811-25-000005
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Immersion receives Nasdaq delinquency notice for late 10-K filing due to BNED investigation
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058811/000105881125000005/0001058811-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058811/000105881125000005/immr-20250820.htm
  HTML page:      https://secwatch.observer/filing/0001058811-25-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer