secwatch.observer — SEC 8-K summary
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Issuer:     IMMERSION CORP (IMMR)
CIK:        0001058811
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0001193125-25-310688
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Immersion Corporation Increases Quarterly Dividend and Enters Cooperation Agreement with Largest Shareholder
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- Board approved quarterly dividend increase from $0.045 to $0.075 per share, payable January 30, 2026 to holders of record January 19, 2026.
- Entered cooperation agreement with Scott A. Larson on December 5, 2025; investor group will withdraw material requests and cease solicitation activities.
- Under agreement, Larson Group must vote shares in line with Board recommendations except when ISS and Glass Lewis advise otherwise on certain proposals.
- Standstill restrictions include no acquisition of securities exceeding 9.99% voting interest, no proxy solicitation, and no disparagement through December 31, 2027.
- CEO Eric Singer noted $0.78 per share distributed in dividends since January 2023; Larson expressed confidence in company's strategy and capital return.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058811/000119312525310688/0001193125-25-310688-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058811/000119312525310688/immr-20251205.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-310688

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