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Immersion receives Nasdaq delisting notice over delayed SEC filings (NASDAQ:IMMR)
Seeking Alpha· 2026-02-13 21:14
Group 1 - The article does not provide any relevant content regarding company or industry insights [1]
Immersion Corporation Receives Nasdaq Staff Determination Letter; Will Seek Hearing & Continued Listing
Businesswire· 2026-02-13 21:01
Core Viewpoint - Immersion Corporation has received a Staff Determination Letter from Nasdaq due to non-compliance with the Filing Rule, as the company has not filed its Quarterly Reports for the fiscal quarters ended July 31, 2025, and October 31, 2025, along with the Annual Report for the fiscal year ended April 30, 2025. The company plans to request a hearing to maintain its listing status on Nasdaq [1]. Group 1: Compliance and Reporting - The Staff Determination Letter was issued on February 10, 2026, based on the company's failure to file the Delayed Reports with the SEC [1]. - Immersion Corporation had previously notified Nasdaq of late filings on multiple occasions in 2025, indicating ongoing audit committee investigations that will lead to the restatement of financial information [1]. - The company is actively working to complete the necessary filings to regain compliance with the Filing Rule [1]. Group 2: Hearing and Listing Status - The Staff Determination Letter does not result in immediate suspension or delisting of the company's securities [1]. - Immersion Corporation intends to request a hearing before a Nasdaq Hearings Panel, which will temporarily stay any suspension for 15 days from the date of the hearing request [1]. - Hearings are typically scheduled 30-45 days after the request, and the company will also seek an extended stay pending the hearing [1]. Group 3: Company Background - Immersion Corporation, incorporated in 1993 and reincorporated in Delaware in 1999, is a leading provider of haptic technology, enhancing digital interactions through touch feedback [1]. - The company acquired a controlling interest in Barnes & Noble Education on June 10, 2024, which operates bookstores and provides educational content and tools [1].
Is Bitmine Immersion Technologies an Underrated Crypto Play?
The Motley Fool· 2026-02-04 10:34
Core Viewpoint - Bitmine Immersion Technologies has transitioned from a Bitcoin mining company to the largest corporate holder of Ethereum, holding 3.5% of all Ethereum in circulation, which presents a potential investment opportunity for crypto investors [2]. Company Overview - Bitmine Immersion Technologies was previously a small Bitcoin mining company that had lost favor with investors until its transformation in July [1]. - The company currently holds 4.24 million ETH, valued at approximately $11.6 billion at current prices [4]. Valuation Analysis - The current market cap of Bitmine is around $10 billion, implying a trading price of $22.42, which is significantly lower than its previous high of $161 [3][8]. - The company's trading multiple is 1.03, indicating that the market is valuing Bitmine almost solely based on its Ethereum holdings, with no value attributed to other aspects of the business [5][6]. Market Context - Despite the high-profile appointment of Wall Street strategist Tom Lee as chairman, the company's strategy has not led to an increase in Ethereum prices, which are currently trading at a 45% discount from their all-time high [8][9]. - The sentiment in the market suggests that investors prefer to buy Ethereum directly rather than investing in a treasury company like Bitmine, as the additional risk does not seem to be compensated [10]. Investment Sentiment - The current trend indicates that Bitmine's stock has not shown significant movement, and there is a possibility that its valuation multiple may converge to 1 or even lower [10]. - The overall sentiment is shifting away from crypto treasury companies, with a suggestion to seek better investment opportunities elsewhere [11].
Bitmine Immersion Continues Branching Out
Seeking Alpha· 2026-01-19 13:00
Company Overview - Bitmine Immersion Technologies (BMNR) has rapidly grown from a relatively small firm to a company with a double-digit billion market cap within a few quarters in 2025 [1] Market Performance - The significant increase in market capitalization indicates strong investor interest and potential growth prospects for BMNR [1]
Immersion Corporation receives delinquency compliance alert notice from Nasdaq
Seeking Alpha· 2025-12-26 21:37
Group 1 - The article does not provide any relevant content regarding the company or industry [1]
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Bitmine Immersion Technologies, Inc. (NYSE American: BMNR)
Prnewswire· 2025-12-16 13:00
Core Viewpoint - Purcell & Lefkowitz LLP is investigating Bitmine Immersion Technologies, Inc. to determine if its directors breached fiduciary duties related to recent corporate actions [1]. Group 1 - The investigation is being conducted on behalf of the shareholders of Bitmine Immersion Technologies, Inc. [1] - Shareholders interested in their rights and options can obtain additional information through Purcell & Lefkowitz LLP [2]. - Purcell & Lefkowitz LLP specializes in representing shareholders affected by securities fraud and corporate misconduct [3].
Immersion: Core Business Still Intact (NASDAQ:IMMR)
Seeking Alpha· 2025-12-09 13:38
Core Insights - The article discusses the author's journey from a political career to value investing, emphasizing the importance of risk management and long-term wealth growth [1] Group 1: Career Transition - The author initially pursued a career in politics but shifted to finance after facing challenges in 2019, recognizing the need for financial stability [1] - The transition to value investing was motivated by a desire to make money work effectively and to protect against future setbacks [1] Group 2: Professional Experience - From 2020 to 2022, the author worked in a sales role at a law firm, where they became the top-grossing salesman and managed a team, contributing to sales strategy [1] - The experience gained during this period was instrumental in assessing company prospects based on sales strategies [1] Group 3: Investment Advisory Role - Between 2022 and 2023, the author served as an investment advisory representative with Fidelity, focusing on 401K planning [1] - The author excelled in this role, passing Series exams ahead of schedule, but felt constrained by Fidelity's reliance on modern portfolio theory, leading to a decision to leave after a year [1] Group 4: Current Endeavors - In November 2023, the author began writing for Seeking Alpha, sharing investment opportunities and insights with readers [1] - The articles reflect the author's personal investment journey, inviting readers to join in the exploration of potential investment opportunities [1]
Immersion: Core Business Still Intact
Seeking Alpha· 2025-12-09 13:38
Core Insights - The article discusses the author's transition from a potential career in politics to value investing, emphasizing a long-term investment strategy and risk management [1] - The author highlights their experience in sales and investment advisory roles, which contributed to their understanding of public companies and investment opportunities [1] Group 1: Career Transition - The author initially pursued a career in politics but shifted to value investing after facing challenges in that field [1] - The decision to focus on value investing was driven by the desire to make money work effectively and to mitigate financial setbacks [1] Group 2: Professional Experience - From 2020 to 2022, the author worked in a sales role at a law firm, where they became the top-grossing salesman and managed a team [1] - The experience gained during this period was instrumental in assessing company prospects based on sales strategies [1] - In 2022, the author transitioned to an investment advisory role with Fidelity, focusing on 401K planning, but found the approach misaligned with their value investing philosophy [1] Group 3: Current Endeavors - The author began writing for Seeking Alpha in November 2023 to share investment opportunities discovered through personal research and experience [1] - The articles serve as a platform for the author to communicate investment strategies and insights to readers [1]
Why BitMine Immersion Technologies Stock Surged Nearly 20% Higher Today
The Motley Fool· 2025-11-25 00:18
Core Viewpoint - BitMine Immersion Technologies experienced a significant share price increase of 19.73% due to a combination of positive market conditions and a favorable business update [1][5]. Company Overview - BitMine is primarily a cryptocurrency treasury company, focusing on holding a substantial position in Ethereum [2]. - The company reported holding nearly 3.63 million Ethereum and 192 Bitcoin, along with a $38 million stake in Eightco Holdings, a major institutional Worldcoin holder [3]. Market Context - The recent surge in cryptocurrency values, including BitMine's stock, is attributed to growing optimism regarding potential interest rate cuts by the Federal Reserve [3]. - The company's Ethereum holdings have increased from approximately 2.83 million at the end of September to the current figure of 3.63 million [4]. Financial Metrics - BitMine's current market capitalization stands at $7 billion, with a share price of $5.13 [5][6]. - The stock has shown a 52-week price range of $3.20 to $161.00, indicating significant volatility [6].
Bitmine Immersion Technologies Is Defying Crypto Winter Fears. Time to Buy?
247Wallst· 2025-11-24 18:07
Core Insights - Bitmine Immersion Technologies (NYSEAMEX:BMNR) shares experienced a significant increase of over 11% during midday trading, outperforming the broader market's more modest gains [1] Company Summary - The surge in Bitmine Immersion Technologies' stock price indicates strong investor interest and potential positive sentiment surrounding the company [1]