INMODE (INMD) Says Unsolicited Takeover Proposal Has Expired
The non-binding bid that M.N. Business Strategy submitted in June lapsed on September 15, and InMode says no agreement was reached.
InMode (INMD) told the Securities and Exchange Commission that the unsolicited, non-binding acquisition proposal it received from M.N. Business Strategy Ltd. expired on September 15, 2026, in accordance with its own terms. The aesthetic-medical device maker said it has not entered into any agreement with the bidder regarding the proposal or any other transaction.
