Business Context and Reporting Period
This Form 8-K is a current report filed by Immersion Corporation on July 16, 2024. The filing addresses a change in the company's independent registered public accounting firm.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document is strictly procedural regarding the appointment of an auditor.
Material Changes
- Resignation of Auditor: Frank, Rimerman + Co. LLP resigned as the independent registered public accounting firm, effective July 16, 2024.
- Appointment of New Auditor: The Audit Committee appointed BDO USA, P.C. as the new independent registered public accounting firm for the fiscal year ending December 31, 2024, effective July 17, 2024.
- Audit History: Frank, Rimerman did not issue any reports on the Company's consolidated financial statements during their tenure. Consequently, there were no adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles.
- Disagreements: There were no disagreements with Frank, Rimerman on accounting principles, practices, or auditing scope during the period from June 5, 2024, to July 16, 2024.
- Consultations: No consultations were held with BDO USA, P.C. regarding accounting principles or audit opinions prior to their engagement.
Guidance, Outlook, and Risks
The filing contains no management guidance, financial outlook, or discussion of business risks. The primary disclosure is the confirmation that no "reportable events" occurred under Item 304(a)(1)(v) of Regulation S-K during the transition period.
Investor Verification Checklist
- Verify the effective date of the new auditor (BDO USA, P.C.) is July 17, 2024.
- Confirm that the resignation of Frank, Rimerman + Co. LLP was not due to any disagreements on accounting or auditing matters.
- Review the attached letter from Frank, Rimerman + Co. LLP (Exhibit 16.1) to ensure they agree with the statements made in this filing.
- Note that the new auditor will be responsible for the fiscal year ending December 31, 2024.