Immersion

Shareholders re-elected five directors (Eric Singer, William Martin, Emily Hoffman, Frederick Wasch, Elias Nader), confirmed BDO USA as independent auditors, and in a non-binding vote majority-supported executive compensation. IMMR stock traded near its 52-week low; InvestingPro calls the stock inexpensive with a low P/E of 5.28 and a dividend yield of 5.44%. At the same time, Immersion remains under Nasdaq delisting pressure due to multiple late financial reports, including a Staff Determination Letter and ongoing audit investigations that have led to restatements. » Más en de.investing.com

The board of directors of Immersion has set the ordinary general meeting for the fiscal year ended April 30, 2025, for March 3, 2026. Shareholders must submit proposals, nominations for the board of directors or proposals under Rule 14a-8, as well as communications under Rule 14a-19, by close of business on December 5, 2025, to the Corporate Secretary. Immersion also adopted a temporary shareholder rights plan ("poison pill") effective until October 31, 2026, which is triggered if holdings exceed 9.99%, and received an additional NASDAQ delinquency notice due to late financial filings. » Más en de.investing.com

Immersion Corporation received a censure from NASDAQ for failing to timely file its annual report (Form 10-K) for the fiscal year ended April 30, 2025, and for not using the 15-day extension. The delay is due to an ongoing internal investigation at subsidiary Barnes & Noble Education, which has postponed the consolidation of financial statements; Immersion has 60 days to submit a compliance restoration plan. At the same time, the company announced a quarterly cash dividend of $0.045 per share, whose continuation depends on the board of directors. » Más en de.investing.com