Cover | Jun. 10, 2024 |
Entity Information [Line Items] | |
Document Type | 8-K/A |
Document Period End Date | Jun. 10, 2024 |
Entity Registrant Name | IMMERSION CORPORATION |
Entity File Number | 001-38334 |
Entity Tax Identification Number | 94-3180138 |
Entity Address, Address Line One | 2999 N.E. 191st Street, Suite 610 |
Entity Address, City or Town | Aventura |
Entity Address, State or Province | FL |
Entity Address, Postal Zip Code | 33180 |
City Area Code | 408 |
Local Phone Number | 467-1900 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Entity Emerging Growth Company | false |
Entity Central Index Key | 0001058811 |
Amendment Flag | true |
Amendment Description | On June 12, 2024, Immersion Corporation, a Delaware corporation (the “Registrant”), filed with the Securities and Exchange Commission (the “SEC”) a Current Report on Form 8-K (the “Form 8-K”) reporting the completion on June 10, 2024 of the previously announced transactions (the “Transactions”) contemplated by the Standby, Securities Purchase and Debt Conversion Agreement (the “Purchase Agreement”) among Toro 18 Holdings, LLC (“Investor”), a Delaware limited liability company and wholly owned subsidiary of the Registrant, Barnes & Noble Education, Inc., a Delaware corporation (“BNED”), Vital Fundco, LLC (“Vital”), TopLids LendCo, LLC (“TopLids” and, together with Vital, the “Lien Purchasers”), Outerbridge Capital Management, LLC (“Outerbridge”), and Selz Family 2011 Trust (“Selz” and, together with Outerbridge, Investor, Vital, and TopLids, each individually a “Purchaser” and together the “Purchasers”). This Current Report on Form 8-K/A is being filed to amend the Form 8-K to provide the financial statements and pro forma financial information described below, in accordance with the requirements of Item 9.01 of Form 8-K. The pro forma financial information included in this Form 8-K/A has been presented for informational purposes only, as required by Form 8-K. It does not purport to represent the actual results of operations that the Registrant and BNED would have achieved had the companies been combined during the periods presented in the pro forma financial information and is not intended to project the future results of operations that the combined company may achieve after the Transactions. Except as described above, all other information in the Form 8-K filed on June 10, 2024 remains unchanged. |
Entity Incorporation, State or Country Code | DE |
Common Stock | |
Entity Information [Line Items] | |
Title of 12(b) Security | Common Stock, $0.001 par value per share |
Trading Symbol | IMMR |
Security Exchange Name | NASDAQ |
Series B | |
Entity Information [Line Items] | |
Title of 12(b) Security | Series B Junior Participating Preferred Stock Purchase Rights |