Immersion Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

December 5, 2025

Date of Report (Date of earliest event reported)

IMMERSION CORPORATION

(Exact name of registrant as specified in charter)

2999 N.E. 191st Street, Suite 610, Aventura, FL 33180

(Address of principal executive offices and zip code)

(408) 467-1900

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Item 1.01 Entry into a Material Definitive Agreement

On December 5, 2025 (the “Effective Date”), Immersion Corporation (the “Company”) entered into a letter agreement (the “Agreement”) with Scott A. Larson (Mr. Larson, collectively with the Irrevocable Larson Family Investment Trust, of which Mr. Larson is the sole trustee and beneficiary (the “Trust”), and each affiliate and associate of Mr. Larson and the Trust over which either has control, the “Investor Group”).

Pursuant to the Agreement, the Investor Group agreed to withdraw its request for certain materials from the Company, cease any and all solicitation and other activities in connection with the Company’s annual meeting of stockholders for the fiscal year ended April 30, 2025, and provide to the Company any and all materials and information that pertain to the Company regarding stockholders of the Company that have communicated with the Investor Group or its representatives after January 1, 2025 about the Company.

The Agreement will remain in effect from the Effective Date until December 31, 2027 (such period, the “Restricted Period”).

During the Restricted Period, the Agreement provides, among other things, that:

The foregoing description does not purport to be complete and is qualified in its entirety by reference to the Agreement, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

A copy of the Company’s press release announcing the Agreement is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 8.01 Other Events.

On December 8, 2025, the Company announced that the Board has approved an increase in the quarterly dividend from $0.045 per share to $0.075 per share. The quarterly cash dividend of $0.075 per share will be paid, subject to any prior revocation, in cash on January 30, 2026 to stockholders of record as of January 19, 2026. Future dividends will be subject to further review and approval by the Board in accordance with applicable law. The Board reserves the right to declare, adjust or withdraw quarterly dividends in future periods as it reviews the Company’s capital allocation strategy from time to time.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

† Certain of the exhibits, schedules and similar attachments to this Exhibit have been omitted in accordance with Item 601(a)(5) of Regulation S-K. The Company agrees to furnish a copy of all omitted exhibits and schedules to the Securities and Exchange Commission upon its request.

* Certain personally identifiable information has been omitted from this exhibit pursuant to Item 601(a)(6) of Regulation S-K.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.