DealsJul 10, 2026, 07:02 AM
InMode Receives Unsolicited Acquisition Proposal
AI Summary
InMode Ltd. confirmed it received an unsolicited acquisition proposal from Steel Partners Holdings L.P. dated July 9, 2026. The company's Board of Directors has formed a Special Committee of independent directors to review the proposal with its advisors. Additionally, M.N. Business Strategy Ltd. extended the expiration date of its prior unsolicited proposal through September 15, 2026.
Key Highlights
- InMode Ltd. confirmed receipt of an unsolicited acquisition proposal from Steel Partners Holdings L.P. dated July 9, 2026.
- The Board's Special Committee, comprising independent directors, will review the proposal with legal and financial advisors.
- The Special Committee is committed to acting in the best interests of all shareholders.
- M.N. Business Strategy Ltd. extended its previously announced unsolicited proposal to September 15, 2026.
Price Impact
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