InMode Ltd. announced that an unsolicited acquisition proposal from M.N. Business Strategy Ltd. expired on Sept. 15, 2026.
The proposal was initially submitted to the Board of Directors on June 17, 2026.
The non-binding offer proposed acquiring all outstanding shares for $16.20 each.
InMode CEO and co-founder Moshe Mizrahy backs the bidding entity, M.N. Business Strategy.
The company confirmed that no agreement was reached regarding the transaction.
InMode shares traded lower in Wednesday’s premarket session following the announcement.