What acquisition proposal did the Board of InMode (NASDAQ:INMD) recently receive?

InMode (NASDAQ:INMD) confirmed it received an unsolicited acquisition proposal from Steel Partners Holdings L.P. dated July 9, 2026. The offer values the company at $16.75 per share in cash.

How is InMode (NASDAQ:INMD) handling the competing acquisition offers?

InMode (NASDAQ:INMD) formed an independent Special Committee of its Board of Directors to evaluate the proposal from Steel Partners Holdings L.P. The committee is supported by professional legal and financial advisors to ensure the process aligns with fiduciary duties.

What is the status of the competing offer from M.N. Business Strategy for InMode (NASDAQ:INMD)?

InMode (NASDAQ:INMD) confirmed that M.N. Business Strategy which includes CEO Moshe Mizrahy, extended the expiration date of its existing acquisition proposal through September 15, 2026.

Will the Special Committee of InMode (NASDAQ:INMD) provide ongoing updates?

The Special Committee of InMode (NASDAQ:INMD) stated that it does not intend to comment further on the proposals at this time. The Board's stated priority is to maintain an arms-length evaluation of all expressions of interest.

What is the objective of the Special Committee at InMode (NASDAQ:INMD)?

The Special Committee at InMode (NASDAQ:INMD) is tasked with reviewing all unsolicited proposals consistent with its fiduciary duties to shareholders. The committee aims to determine whether any transaction serves the best interests of the company's investors.

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InMode confirms receipt of Steel Partners proposal

Written by Isaac FrancisPublished Jul 10, 2026, 11:27 AM

InMode (NASDAQ:INMD) confirmed its Board of Directors received an unsolicited $16.75 per share acquisition proposal from Steel Partners Holdings.
An independent Special Committee of the Board, supported by legal and financial advisors, has been formed to review the proposal.
The company also reported that a separate, previously announced proposal from M.N. Business Strategy Ltd. has been extended through September 15, 2026.

InMode (NASDAQ:INMD) confirmed that its Board of Directors received an unsolicited acquisition proposal from Steel Partners Holdings in a letter dated July 9, 2026.

The company stated that an independent Special Committee of the Board, assisted by legal and financial advisors, is currently reviewing the proposal.

This review process is consistent with the Board's fiduciary duties and its commitment to acting in the best interests of all shareholders.

The company also acknowledged that M.N. Business Strategy, a group including CEO Moshe Mizrahy, extended its own previously announced acquisition proposal through September 15, 2026.

The Special Committee indicated that it does not intend to comment further on the status of these parallel proposals at this time.

Management remains focused on evaluating multiple unsolicited acquisition interests to determine the optimal outcome for the business.

InMode confirms receipt of Steel Partners proposal

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