US Market News
3月前
Immersion Corporation Receives Nasdaq Staff Additional Delinquency NoticeMarch 27, 2026 4:01 PM
Business Wire
Immersion Corporation (“Immersion”, the “Company”, “we”, “us” or “our”) (Nasdaq: IMMR), a leading provider of technologies for haptics, today announced that, on March 24, 2026, the Company received an additional delinquency notice (the “Staff Determination Letter”) from the Nasdaq Listing Qualifications Staff based on the Company’s failure to file its Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2026 indicating that such failure to file, in addition to its failure to file the Quarterly Reports on Form 10-Q for the fiscal quarters ended July 31, 2025 and October 31, 2025 with the Securities and Exchange Commission (the “SEC”) on a timely basis, could serve as an additional basis for delisting from the Nasdaq.
The Staff Determination Letter has no immediate effect and will not immediately result in the suspension of trading or delisting of the Company’s securities. The Company requested a hearing before the Nasdaq Hearings Panel (“Hearings Panel”) pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series to request additional time to comply with the Nasdaq Listing Rules, which was held on March 26, 2026. There can be no assurance that the Hearings Panel will grant the Company’s requests for additional time.
The Company filed its Annual Report on Form 10-K for the fiscal year ended April 30, 2025, and its Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2025, with the SEC on March 12, 2026 and March 26, 2026, respectively. The Company is working diligently to complete the necessary work to file the Quarterly Reports on Form 10-Q for the fiscal quarters ended October 31, 2025 and January 31, 2026 as soon as practicable to regain compliance with the Nasdaq Listing Rules.
About Immersion Corporation
Immersion Corporation (Nasdaq: IMMR) was incorporated in 1993 in California and reincorporated in Delaware in 1999.
The Company is a leading provider of touch feedback technology, also known as haptics. The Company accelerates and scales haptic experiences by providing haptic technology for mobile devices, wearables, mobile entertainment, console gaming and automotive. Haptic technology creates immersive and realistic experiences that enhance digital interactions by engaging users’ sense of touch. Learn more at www.immersion.com.
On June 10, 2024, we acquired a controlling interest in Barnes & Noble Education, Inc. (Barnes & Noble Education). Barnes & Noble Education is a leading solutions provider for the education industry, driving affordability, access, and achievement at hundreds of academic institutions nationwide and ensuring millions of students are equipped for success in the classroom and beyond. Through its family of brands, Barnes & Noble Education offers campus retail services and academic solutions, wholesale capabilities, and more. Barnes & Noble Education is a company serving all who work to elevate their lives through education, supporting students, faculty, and institutions as they make tomorrow a better and smarter world.
Forward-looking Statements
Certain statements made in this report constitute forward-looking statements within the meaning of the federal securities laws. All statements contained in this report that do not relate to matters of historical fact should be considered forward-looking statements. For example, forward-looking statements include, without limitation, statements regarding the Company’s anticipated filing of our Delayed Reports. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees and are subject to risks described from time to time in the Company’s periodic filings with the SEC. The forward-looking statements included in this report are made only as of the date of this report, and, unless otherwise required by applicable law, the Company assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to do so, whether as a result of new information, future events or otherwise.
(IMMR – C)
View source version on businesswire.com: https://www.businesswire.com/news/home/20260327001388/en/
Investor Contact:
J. Michael Dodson
Immersion Corporation
mdodson@immersion.com
Original: Immersion Corporation Receives Nasdaq Staff Additional Delinquency Notice
US Market News
5月前
Immersion Corporation Receives Nasdaq Staff Determination Letter; Will Seek Hearing & Continued ListingFebruary 13, 2026 4:01 PM
Business Wire
Immersion Corporation (“Immersion”, the “Company”, “we”, “us” or “our”) (Nasdaq: IMMR), a leading provider of technologies for haptics, today announced that, on February 10, 2026, the Company received a Staff Determination Letter from the Nasdaq Listing Qualifications Staff (the “Staff”) based on the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) (the “Filing Rule”), as previously notified by the Staff on August 20, 2025, September 29, 2025, and December 23, 2025. The basis for the Staff Determination Letter is that the Company has not yet filed our Quarterly Reports on Form 10-Q for the fiscal quarters ended July 31, 2025 and October 31, 2025 and our Annual Report on Form 10-K for the fiscal year ended April 30, 2025 (collectively, the “Delayed Reports”), with the Securities and Exchange Commission (the “SEC”).
As previously reported on the Company’s Notification of Late Filings on Form 12b-25, filed with the SEC on July 30, 2025, September 16, 2025 and December 16, 2025, Immersion and Barnes & Noble Education, Inc. (“BNED”), a consolidated subsidiary of the Company, were conducting audit committee investigations that will result in the restatement of previously-issued financial information (the “Restatement”). As a result of the investigations by the Immersion and BNED audit committees and the Company’s work with respect to the Restatement, management was unable to complete the Company’s financial reporting process and preparation of our financial statements for the fiscal quarters ended July 31, 2025 and October 31, 2025, and the fiscal year ended April 30, 2025. The Company is working diligently to complete the necessary work to file the Delayed Reports as soon as practicable to regain compliance with the Filing Rule.
The Staff Determination Letter noted that, upon further review, the Company did not meet the terms of the exception on February 9, 2026, granted by the Staff to regain compliance with the Filing Rule.
The Staff Determination Letter has no immediate effect and will not immediately result in the suspension of trading or delisting of the Company’s securities. The Staff Determination Letter notified the Company that it may request a hearing before a Nasdaq Hearings Panel (“Hearings Panel”), pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. A request for a hearing regarding one or more delinquent filings will automatically stay the suspension of the Company’s securities for a period of 15 calendar days from the date of the hearing request. The Company may also request a stay of the suspension, pending the hearing, when we request the hearing. Hearings are typically scheduled to occur approximately 30-45 days after the date of the hearing request. The Company intends to timely submit a request for a hearing, including a request for an extended stay pending the hearing and the Hearings Panel’s decision. There can be no assurance that the Hearings Panel will grant any of the Company’s requests for additional time.
About Immersion Corporation
Immersion Corporation (Nasdaq: IMMR) was incorporated in 1993 in California and reincorporated in Delaware in 1999.
The Company is a leading provider of touch feedback technology, also known as haptics. The Company accelerates and scales haptic experiences by providing haptic technology for mobile, automotive, gaming, and consumer electronics. Haptic technology creates immersive and realistic experiences that enhance digital interactions by engaging users’ sense of touch. Learn more at www.immersion.com.
On June 10, 2024, we acquired a controlling interest in Barnes & Noble Education. Barnes & Noble Education is a contract operator of physical and virtual bookstores for college and university campuses and K-12 institutions across the United States. Barnes & Noble Education is also a textbook wholesaler and inventory management hardware and software providers. Barnes & Noble Education operates physical, virtual, and custom bookstores, delivering essential educational content, tools, and general merchandise within a dynamic omnichannel retail environment.
Forward-looking Statements
Certain statements made in this report constitute forward-looking statements within the meaning of the federal securities laws. All statements contained in this report that do not relate to matters of historical fact should be considered forward-looking statements. For example, forward-looking statements include, without limitation, statements regarding the Company’s anticipated filing of our Delayed Reports. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees and are subject to risks described from time to time in the Company’s periodic filings with the SEC. The forward-looking statements included in this report are made only as of the date of this report, and, unless otherwise required by applicable law, the Company assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to do so, whether as a result of new information, future events or otherwise.
(IMMR – C)
View source version on businesswire.com: https://www.businesswire.com/news/home/20260213708794/en/
Investor Contact:
J. Michael Dodson
Immersion Corporation
mdodson@immersion.com
Original: Immersion Corporation Receives Nasdaq Staff Determination Letter; Will Seek Hearing & Continued Listing
price_and_volume
5年前
"Under the radar Metaverse Stock"
https://www.fool.com/investing/2021/11/28/2-under-the-radar-metaverse-stocks-that-could-make/
Investors haven't fared so well with Immersion (NASDAQ:IMMR). The tech stock has lost nearly half of its value so far this year. But the metaverse could present a tremendous opportunity.
The company is a pioneer in the development of haptic technology, which provides touch feedback to users. It holds more than 1,700 issued or pending patents for its haptic technology.
Immersion's business model is to license its technology to manufacturers. Customers include automotive suppliers, gaming-device makers, and mobile-device makers. Apple, Bosch, Google, Nintendo, Samsung, Sony, and many other companies use Immersion's haptic systems.
Haptic technology will likely be in high demand as the metaverse takes off within the next few years. There are other companies, including Meta Platforms, that will be major players in meeting that demand. However, Immersion's haptic expertise and broad intellectual property portfolio could give it a key advantage.
The company's market cap is only around $200 million. Immersion could grow much larger if the rise of the metaverse serves as a major catalyst for haptic-technology licensing sales.
crudeoil24
6年前
Immersion Corporation is a licensing company focused on the creation, design, development and licensing of haptic technologies that allow people to use their sense of touch when operating digital devices. The Company develops, licenses and supports a range of software and intellectual property (IP). It is focused on the markets, including mobile devices, wearables, consumer, mobile entertainment and other content; console gaming; automotive; medical, and commercial. It provides advanced tactile software, related tools and technical assistance to certain customers, and offers licenses to its patented IP to other customers. Its licenses enable customers to deploy haptically-enabled devices, content and other offerings, which they sell under own brand names. It holds patents, covering digital technologies and including ways in which touch-related technology can be incorporated into and between hardware products and components, systems software, application software, and digital content.
Golden Cross
8年前
Immersion Files Additional Lawsuits Against Samsung in U.S. and China
Date : 03/08/2018 @ 5:15PM
Source : Business Wire
Stock : Immersion Corp. (IMMR)
Quote : 12.67 0.18 (1.44%) @ 8:00PM
Immersion Files Additional Lawsuits Against Samsung in U.S. and China
Immersion Corp. (NASDAQ:IMMR)
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1 Month : From Feb 2018 to Mar 2018
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Immersion Corporation (NASDAQ:IMMR), the leading developer and licensor of touch feedback technology, today announced that it has filed a second complaint in the U.S. District Court for the Eastern District of Texas against Samsung Electronics America, Inc. and Samsung Electronics Co., Ltd. alleging that certain Samsung touchscreen phones, including the Galaxy S8, infringe Immersion’s U.S. Patent No. 8,619,051, “Haptic Feedback System with Stored Effects” (the ’051 patent) The complaint seeks to stop further infringement by Samsung and to recover damages. The ‘051 patent is one of the patents that Immersion asserted against Apple, Inc. which litigation has since terminated in a settlement and license agreement.
In the third quarter of 2017, Immersion filed a complaint against Samsung Electronics America, Inc. and Samsung Electronics Co., Ltd. in the U.S. District Court for the Eastern District of Texas alleging that certain Samsung touchscreen phones, including the Galaxy S8, infringe certain Immersion patents covering haptic feedback systems and methods in electronic devices. The Court has scheduled a claim construction hearing for August 15, 2018 and a trial date of February 19, 2019.
In addition, Immersion also announced today that it has filed a complaint in the Fuzhou Intermediate Court in Fuzhou, China against Samsung (China) Investment Co., Ltd., Huizhou Samsung Electronics Co., Ltd and Fujian Province Min Xin Household Electrical Appliances Technology Service Co., Ltd. alleging that certain Samsung touchscreen phones, including the Galaxy S8, infringe three Immersion Chinese patents covering haptic feedback systems and methods in electronic devices.
The Chinese patents being asserted are:
Chinese Patent No. ZL02821854.X “Input device and mobile telephone comprising the input device;”
Chinese Patent No. ZL201210005785.2 “Method and apparatus for providing tactile sensations;” and
Chinese Patent No. ZL201310253562.2 “Methods and apparatus for providing tactile sensations.”
These patents are related to the patents that were asserted against Apple, Inc. which litigation has since terminated in a settlement and license agreement.
About Immersion
Immersion Corporation (NASDAQ: IMMR) is the leading innovator of touch feedback technology, also known as haptics. The company provides technology solutions for creating immersive and realistic experiences that enhance digital interactions by engaging users’ sense of touch. With more than 2,900 issued or pending patents, Immersion's technology has been adopted in more than 3 billion digital devices, and provides haptics in mobile, automotive, gaming, medical and consumer electronics products. Immersion is headquartered in San Jose, California with offices worldwide. Learn more at www.immersion.com.
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