InMode publishes shareholder letter from special committee
INMD•InMode said its special committee continues reviewing acquisition proposals and strategic alternatives, including potential capital returns. No party in the current process has agreed to sign a nondisclosure agreement with the company.
1. Committee review continues
InMode’s special committee continues reviewing acquisition proposals and strategic alternatives, including potential capital returns, the company said in an October 26 shareholder letter. The board retained the committee after a proposal from a group including Meir Shamir and the company’s CEO expired; no party in the current process has agreed to sign a nondisclosure agreement with InMode.
