InMode Confirms Board Received Unsolicited Acquisition Proposal on June 17
InMode Ltd. disclosed that its board received an unsolicited acquisition proposal on June 17, 2026. Steel Partners Holdings L.P., which owns approximately 1.3% of InMode's shares, separately disclosed it had presented an $18.00 per share offer for 51% of the company's outstanding shares.
InMode Ltd. (Nasdaq: ) disclosed that its board of directors received an unsolicited acquisition proposal on June 17, 2026 [1]. The company did not name the party behind the offer, disclose a price per share, or detail the structure of the transaction in its June 24 announcement.
Steel Partners Holdings L.P., which holds approximately 1.3% of InMode's shares, separately disclosed that it had presented an $18.00 per share offer for 51% of the company's outstanding shares to the board [2]. The activist investor made its interest public through a letter to the board, though InMode's own statement did not confirm Steel Partners as the source of the June 17 proposal.
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