{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-013643","form_type":"8-K","ticker":"IMMR","cik":"0001058811","company_name":"IMMERSION CORP","filed_at":"2024-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.254061+00:00","generated_at":"2026-06-06T01:58:54.068674+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"litigation","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Immersion settles patent litigation with Meta; expects ~$17.5M after fees","bullets":["Immersion signs Patent License and Settlement Agreement with Meta Platforms, resolving all outstanding litigation.","Immersion expects to receive approximately $17,500,000 after deducting legal fees and other liabilities.","License grants Meta non-exclusive use of Immersion's haptics patent portfolio for hardware, software, VR, and gaming products.","Settlement includes dismissal of litigation and inter partes reviews of Immersion's patents."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-013643","json":"https://secwatch.observer/filing/0001213900-24-013643.json","markdown":"https://secwatch.observer/filing/0001213900-24-013643.md","text":"https://secwatch.observer/filing/0001213900-24-013643.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1058811/000121390024013643/0001213900-24-013643-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1058811/000121390024013643/immr-20240209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T01:58:54.068674+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ede751f669657ac9b2ad37a83296235a5bb43980","claim":"IMMERSION CORP entered into License and Settlement Agreement with Meta Platforms, Inc. valued at $17,500,000 (effective 2024-02-09).","evidence_excerpt":"On February 9, 2024, Immersion entered into a Patent License and Settlement Agreement (the “License and Settlement Agreement”) with Meta, pursuant to which the parties have agreed to terms for resolving the Litigation and Meta will license, on a non-exclusive basis, Immersion’s patent portfolio for use in its products.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1058811/000121390024013643/0001213900-24-013643-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"Meta Platforms, Inc."},{"label":"Value","value":"$17,500,000"},{"label":"Effective","value":"2024-02-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}