Geometric fixed points of norms for positive-dimensional subgroups

Let $G$ be a compact Lie group, let $K<G$ be a closed subgroup of positive dimension, and let $X$ be a $\mathcal{D}^{d}$-algebra whose underlying orthogonal spectrum is cofibrant, or a cofibrant commutative ring orthogonal spectrum. Positive-dimensional geometric fixed-point conjecture. The inclusion of the unit $\mathbb{S}\longrightarrow X$ induces a weak equivalence of derived geometric $K$-fixed point spectra

$$(N_e^G X)^{\Phi K}\simeq \mathbb{S}.$$

This predicts that norms from the trivial subgroup have only the sphere as geometric fixed points for positive-dimensional subgroups under the stated cofibrancy hypotheses.