---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-102171"
form_type: "8-K/A"
ticker: "IMMR"
cik: "0001058811"
company_name: "IMMERSION CORP"
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T18:34:20.683945+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; pro forma shows $784M revenue for H1 2024

## Summary
- Acquisition of ~42% of BNED for $50.1M cash, completed June 10, 2024; Immersion controls BNED via five board seats.
- Pro forma combined six months ended June 30, 2024: revenue $784M, net income to Immersion stockholders $36.8M, EPS $1.16.
- Pro forma combined year ended Dec 31, 2023: revenue $1.588B, net income to Immersion stockholders $0.5M, EPS $0.02.
- BNED historical: net loss from continuing operations $31.3M (H1 2024) and $89.1M (FY 2023) before pro forma adjustments.
- Purchase price allocation includes $95M intangibles (trade name $45M, customer relationships $50M) and $14.2M goodwill.

## SEC filing metadata
- accession: 0001213900-24-102171
- form_type: 8-K/A
- ticker: IMMR
- cik: 0001058811
- company_name: IMMERSION CORP
- filed_at: 2024-11-25T23:59:59+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/1058811/000121390024102171/0001213900-24-102171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058811/000121390024102171/immr-20240610.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-102171
- JSON: https://secwatch.observer/filing/0001213900-24-102171.json
- Plain text: https://secwatch.observer/filing/0001213900-24-102171.txt

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