SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

MAGNACHIP SEMICONDUCTOR Corp

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

55933J203

(CUSIP Number)

03/20/2026

(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)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP Number(s):

55933J203

Names of Reporting Persons

TORO 18 HOLDINGS LLC

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,500,135.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,500,135.00

Aggregate Amount Beneficially Owned by Each Reporting Person

1,500,135.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

4.1 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP Number(s):

55933J203

Names of Reporting Persons

IMMERSION CORP

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,500,135.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,500,135.00

Aggregate Amount Beneficially Owned by Each Reporting Person

1,500,135.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

4.1 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP Number(s):

55933J203

Names of Reporting Persons

MARTIN WILLIAM C

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,500,135.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,500,135.00

Aggregate Amount Beneficially Owned by Each Reporting Person

1,500,135.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

4.1 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP Number(s):

55933J203

Names of Reporting Persons

Singer Eric

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,500,135.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,500,135.00

Aggregate Amount Beneficially Owned by Each Reporting Person

1,500,135.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

4.1 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

Item 1.

(a)

Name of issuer:

MAGNACHIP SEMICONDUCTOR Corp

(b)

Address of issuer's principal executive offices:

Item 2.

(a)

Name of person filing:

Toro 18 Holdings LLC ("Toro 18") Immersion Corporation ("Immersion") William C. Martin ("Mr. Martin") Eric Singer ("Mr. Singer") Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons."

(b)

Address or principal business office or, if none, residence:

Toro 18 2999 N.E. 191st Street, Suite 610 Aventura, Florida 33180 Immersion 2999 N.E. 191st Street, Suite 610 Aventura, Florida 33180 William C. Martin c/o Raging Capital Ventures Ten Princeton Avenue, P.O. Box 228 Rocky Hill, New Jersey 08553 Eric Singer 2999 N.E. 191st Street, Suite 610 Aventura, Florida 33180

(c)

Citizenship:

Toro 18 Delaware Immersion Delaware William C. Martin United States Eric Singer United States

(d)

Title of class of securities:

Common Stock, par value $0.01 per share

(e)

CUSIP No.:

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(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);

(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 associations 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). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:

(k)

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

Item 4.

Ownership

(a)

Amount beneficially owned:

As of the close of business on March 20, 2026, Toro 18 beneficially owned 1,500,135 Shares. Immersion, as the sole member of Toro 18, may be deemed to beneficially own the 1,500,135 Shares beneficially owned by Toro 18. Mr. Martin, as the Chief Strategy Officer of Toro 18, may be deemed to beneficially own the 1,500,135 Shares beneficially owned by Toro 18. Mr. Singer, as President and Chief Executive Officer of Toro 18, may be deemed to beneficially own the 1,500,135 Shares beneficially owned by Toro 18. The foregoing should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of any Shares owned by another Reporting Person. Each of Immersion and Messrs. Martin and Singer disclaims beneficial ownership of the Shares beneficially owned by Toro 18, and the filing of this statement shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities.

(b)

Percent of class:

The following percentages are based on 36,440,854 Shares outstanding as of March 13, 2026, as reported in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 16, 2026. As of the close of business on March 20, 2026, (i) Toro 18 directly beneficially owned approximately 4.1% of the outstanding Shares and (ii) each of Immersion and Messrs. Martin and Singer may be deemed to beneficially own approximately 4.1% of the outstanding Shares.

(c)

Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

See Cover Pages Items 5-9.

(ii) Shared power to vote or to direct the vote:

See Cover Pages Items 5-9.

(iii) Sole power to dispose or to direct the disposition of:

See Cover Pages Items 5-9.

(iv) Shared power to dispose or to direct the disposition of:

See Cover Pages Items 5-9.

Item 5.

Ownership of 5 Percent or Less of a Class.

Ownership of 5 percent or less of a class

Item 6.

Ownership of more than 5 Percent on Behalf of Another Person.

Not Applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not Applicable

Item 8.

Identification and Classification of Members of the Group.

If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.

See Exhibit 99.1 to the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on January 2, 2025.

Item 9.

Notice of Dissolution of Group.

Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my 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, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

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

TORO 18 HOLDINGS LLC

Signature:	/s/ Eric Singer
Name/Title:	Eric Singer, President and CEO
Date:	03/20/2026

IMMERSION CORP

Signature:	/s/ Eric Singer
Name/Title:	Eric Singer, President, CEO and Chairman
Date:	03/20/2026

MARTIN WILLIAM C

Signature:	/s/ William C. Martin
Name/Title:	William C. Martin
Date:	03/20/2026

Singer Eric

Signature:	/s/ Eric Singer
Name/Title:	Eric Singer
Date:	03/20/2026

Amendment: SEC Form SCHEDULE 13G/A filed by Magnachip Semiconductor Corporation