Immersion Corporation (Nasdaq: IMMR) has received a delinquency notice from the Nasdaq Listing Qualifications Staff due to its failure to file its Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2026. This notice, known as the Staff Determination Letter, indicates that the company's failure to file, along with previous delinquencies for the quarters ending July 31, 2025, and October 31, 2025, could lead to delisting from the Nasdaq. The company has requested a hearing before the Nasdaq Hearings Panel to seek additional time to comply with the listing rules. The Staff Determination Letter does not have an immediate effect on trading or delisting of the company's securities. Immersion has filed its Annual Report on Form 10-K for the fiscal year ended April 30, 2025, and its Quarterly Report for the quarter ended July 31, 2025, on March 12 and March 26, 2026, respectively. The company is actively working to file the outstanding reports to regain compliance with Nasdaq's listing requirements. Additionally, the Board of Directors declared a quarterly cash dividend of $0.075 per share on March 27, 2026, payable on May 1, 2026, to stockholders of record on April 20, 2026. Future dividends will be subject to review and approval by the Board.

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