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| IMMR > SEC Filings for IMMR > Form 8-K on 17-Aug-2009 | All Recent SEC Filings |
17-Aug-2009
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Tr
On August 12, 2009, Immersion Corporation ("Immersion") received a letter from the Nasdaq Stock Market ("Nasdaq") stating that Immersion violated Nasdaq Marketplace Rule 5250(c)(1) as a result of its delayed filing of its Quarterly Report on Form 10-Q for the period ended June 30, 2009.
Immersion has 60 calendar days, or until October 13, 2009, to submit to Nasdaq a plan to regain compliance with the Nasdaq listing rules. Immersion intends to submit a plan to regain compliance within this 60-day period. If Nasdaq accepts Immersion's plan, Immersion will have up to 180 calendar days from the filing's due date, or until February 8, 2010, to regain compliance. If Nasdaq does not accept Immersion's plan, Immersion will have the opportunity to appeal that decision to the Nasdaq Listing Qualifications Panel.
Immersion issued a press release on August 17, 2009 disclosing its receipt of this letter. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
(d) Exhibits.
99.01 Press Release dated August 17, 2009
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