---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-072639"
form_type: "8-K/A"
ticker: "IMMR"
cik: "0001058811"
company_name: "IMMERSION CORP"
filed_at: "2024-08-26T23:59:59+00:00"
generated_at: "2026-05-31T07:34:24.539759+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Immersion acquires 42% of BNED for $50.1M; gains control with 5 board seats

## Summary
- Purchased 42% of BNED common stock for $50.1M cash; control via 5 Immersion-appointed board seats.
- Pro forma H1 2024 combined revenue $784M; net income attributable to IMMR $36.8M ($1.16 basic EPS).
- Purchase price allocation: $95M intangible assets ($45M trade name, $50M customer relationships) and $14.2M goodwill.
- BNED historical net loss: $31.3M (H1 2024) and $89.1M (FY2023); pro forma adjustments reduce combined losses.
- Noncontrolling interest valued at $203.7M based on $13.40/share, representing 58% ownership of BNED.

## SEC filing metadata
- accession: 0001213900-24-072639
- form_type: 8-K/A
- ticker: IMMR
- cik: 0001058811
- company_name: IMMERSION CORP
- filed_at: 2024-08-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058811/000121390024072639/0001213900-24-072639-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058811/000121390024072639/immr-20240610.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-072639
- JSON: https://secwatch.observer/filing/0001213900-24-072639.json
- Plain text: https://secwatch.observer/filing/0001213900-24-072639.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.