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IMMERSION CORP Major Shareholding Notification 2021

May 20, 2021

33559_mrq_2021-05-20_f0284e7b-b6a5-44b2-8ff2-57737dc5daf8.zip

Major Shareholding Notification

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SC 13G 1 p21-1451sc13g.htm IMMERSION CORPORATION

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Immersion Corporation
(Name of Issuer)
Common Stock, $0.001
par value
(Title of Class of Securities)
452521107
(CUSIP Number)
May 13, 2021
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
ý Rule 13d-1(c)
¨ Rule 13d-1(d)
(Page 1 of 8 Pages)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (" Act ") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP No. 452521107 13G Page 2 of 8 Pages

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1 NAME OF REPORTING PERSON Senvest Management, LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0
6 SHARED VOTING POWER 1,738,756
7 SOLE DISPOSITIVE POWER 0
8 SHARED DISPOSITIVE POWER 1,738,756
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,738,756
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.63%
12 TYPE OF REPORTING PERSON OO, IA

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CUSIP No. 452521107 13G Page 3 of 8 Pages

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1 NAME OF REPORTING PERSON Richard Mashaal
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Canada
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0
6 SHARED VOTING POWER 1,738,756
7 SOLE DISPOSITIVE POWER 0
8 SHARED DISPOSITIVE POWER 1,738,756
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,738,756
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.63%
12 TYPE OF REPORTING PERSON IN, HC

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CUSIP No. 452521107 13G Page 4 of 8 Pages

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Item 1(a).
Immersion Corporation (the " Issuer ")
Item 1(b).
330 Townsend Street, Suite 234 San Francisco, CA 94107
Item 2(a).
This statement is filed by Senvest Management, LLC and Richard Mashaal.
The reported securities are held in the account of Senvest Technology Partners Master Fund, LP (the " Investment Vehicle ").
Senvest Management, LLC may be deemed to beneficially own the securities held by the Investment Vehicle by virtue of Senvest Management, LLC's position as investment manager of the Investment Vehicle. Mr. Mashaal may be deemed to beneficially own the securities held by the Investment Vehicle by virtue of Mr. Mashaal's status as the managing member of Senvest Management, LLC. None of the foregoing should be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the securities reported herein.
Item 2(b).
Senvest Management, LLC 540 Madison Avenue, 32 nd Floor New York, New York 10022
Richard Mashaal c/o Senvest Management, LLC 540 Madison Avenue, 32 nd Floor New York, New York 10022
Item 2(c).
Senvest Management, LLC – Delaware
Richard Mashaal – Canada
Item 2(d).
Common Stock, $0.001 par value
Item 2(e).
452521107
Item 3. — (a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

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CUSIP No. 452521107 13G Page 5 of 8 Pages

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(d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e) ¨ An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f) ¨ An employee benefit plan or endowment fund in accordance
with § 240.13d-1(b)(1)(ii)(F);
(g) ¨ A parent holding company or control person in accordance
with §240.13d-1(b)(1)(ii)(G);
(h) ¨ A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C.1813);
(i) ¨ A church plan that is excluded from the definition of an investment company
under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) ¨ A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
(k) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution:_____________________________

Item 4.
The information required by Items 4(a) – (c) is set forth in Rows (5) – (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. The percentages set forth in this Schedule 13G are calculated based upon an aggregate of 30,885,541 shares of Common Stock outstanding as of April 30, 2021 as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2021 filed with the Securities and Exchange Commission on May 7, 2021.
Item 5.
Not applicable.
Item 6.
The Investment Vehicle has the right to receive and the power to direct the receipt of dividends from, and the proceeds from the sale of, more than 5% of the shares of Common Stock.
Item 7.
Not applicable.
Item 8.
Not applicable.
Item 9.
Not applicable.

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CUSIP No. 452521107 13G Page 6 of 8 Pages

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Item 10.
By signing below each Reporting Person certifies that, to the best of his or its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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CUSIP No. 452521107 13G Page 7 of 8 Pages

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Date: May 20, 2021
SENVEST MANAGEMENT, LLC
By: /s/ Bobby Trahanas
Name: Bobby Trahanas
Title: Chief Compliance Officer
/ s/
Richard Mashaal
RICHARD MASHAAL

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CUSIP No. 452521107 13G Page 8 of 8 Pages

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Exhibit A

JOINT FILING AGREEMENT

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

Date: May 20, 2021
SENVEST MANAGEMENT, LLC
By: /s/ Bobby Trahanas
Name: Bobby Trahanas
Title: Chief Compliance Officer
/ s/
Richard Mashaal
RICHARD MASHAAL