secwatch.observer — SEC 8-K summary
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Issuer:     IMMERSION CORP (IMMR)
CIK:        0001058811
Form:       8-K
Filed at:   2025-10-02T23:59:59+00:00
Accession:  0001193125-25-228531
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Immersion receives second Nasdaq delinquency notice; faces delisting risk for late 10-Q and 10-K
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- Received Nasdaq notice on Sept 29, 2025 for late filing of Q3 FY2025 Form 10-Q; must submit compliance plan by Oct 20, 2025.
- Earlier 10-K notice from Aug 20, 2025; if plan accepted, company has until Feb 9, 2026 to regain compliance.
- Late filings stem from ongoing audit committee investigations and planned restatement of previously-issued financial information.
- Investigations involve Immersion and consolidated subsidiary Barnes & Noble Education (BNED); restatement will affect prior periods.
- Common stock continues trading on Nasdaq during grace period subject to other continued listing requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058811/000119312525228531/0001193125-25-228531-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058811/000119312525228531/immr-20250929.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-228531

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