What is the acquisition offer for InMode (NASDAQ:INMD)?

Steel Partners Holdings offered to acquire InMode (NASDAQ:INMD) for $16.75 per share in cash. The investment firm stated this proposal provides a 20% premium over the unaffected stock price of $13.95. How does the new proposal for InMode (NASDAQ:INMD) compare to previous bids? The $16.75 per share offer exceeds a previous $16.20 per share bid submitted by the InMode (NASDAQ:INMD) chief executive. Steel Partners Holdings stated its offer does not rely on external financing conditions.

What does the buyout offer mean for current InMode (NASDAQ:INMD) shareholders?

The acquisition proposal includes a mechanism for existing InMode (NASDAQ:INMD) investors to retain partial ownership. The firm stated shareholders can choose to roll over up to 40% of their equity into the private company.

Why is the bidding group demanding the removal of the InMode (NASDAQ:INMD) chief executive?

Steel Partners Holdings claims the InMode (NASDAQ:INMD) executive manipulated market expectations and traded on non-public information. The firm alleged the executive sold shares at high valuations before repurchasing them after the price dropped.

How is the competing insider bid for InMode (NASDAQ:INMD) financially structured?

The investment firm stated the chief executive valued InMode (NASDAQ:INMD) using an estimated 2026 adjusted EBITDA of $65 million. This baseline falls below the official company guidance of $73 million to $78 million.

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Steel Partners offers $16.75 per share for InMode

Written by Heidi Cuthbert Published Jul 9, 2026, 12:49 PM

Steel Partners Holdings offered to acquire 100% of InMode for $16.75 per share in cash.
The proposal provides a $0.55 per share increase over a competing offer from the company chief executive.
The investment firm stated the board must evaluate the offer and remove the current chief executive.

Steel Partners Holdings offered to acquire all outstanding shares of InMode (NASDAQ:INMD) for $16.75 each.

This proposal provides a $0.55 per share premium over a competing buyout offer from the chief executive.

"Our offer price is a 20% premium to the unaffected price of $13.95," said Steel Partners Holdings management.

The investment firm stated existing investors can roll over up to 40% of their current equity.

The bidding group demanded an independent board evaluation.

The proposal claims the chief executive manipulated earnings expectations by valuing the business using a reduced EBITDA baseline.

The letter alleges the executive sold roughly 11 million shares before repurchasing equity at lower market valuations.

Steel Partners offers $16.75 per share for InMode

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Steel Partners offers $16.75 per share for InMode

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