InMode confirmed receipt of an unsolicited acquisition proposal from Steel Partners Holdings L.P. on July 10, 2026. This follows a prior non-binding offer from M.N. Business Strategy.
M.N. Business Strategy extended its proposal expiration date to September 15, 2026. The competing bids signal strong interest in the medical technology company and may trigger a bidding war.
A special committee of independent directors is reviewing the Steel Partners proposal. Legal and financial advisors are assisting the committee to evaluate strategic options and shareholder interests.