secwatch.observer — SEC 8-K summary
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Issuer:     IMMERSION CORP (IMMR)
CIK:        0001058811
Form:       8-K
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0001193125-25-273404
Event type: other_material
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Immersion Corporation adopts temporary shareholder rights plan with 9.99% trigger
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- Board declares dividend of one preferred share purchase right per common share, payable Nov 17, 2025.
- Rights become exercisable if a person or group acquires 9.99% or more of common stock without Board approval.
- Rights plan expires on October 31, 2026, unless extended with shareholder ratification.
- Adoption follows a letter from shareholder Scott A. Larson, which the Board says contains inaccurate assertions.
- Company unable to release current financials due to ongoing BNED investigation and restatement process.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058811/000119312525273404/0001193125-25-273404-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058811/000119312525273404/immr-20251107.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-273404

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