---
title: "Update: InMode Shares Rise After Steel Partners Makes Offer for Majority Stake"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274346237.md"
description: "InMode shares rose 5.2% after Steel Partners made an offer to acquire 51% of the company at $18 per share, a 29% premium over the previous closing price. Steel Partners, which owns 1.3% of InMode, stated that their attempts to engage with InMode's leadership were rebuffed. InMode responded that it does not comment on rumors and will evaluate matters according to its fiduciary duties."
datetime: "2026-01-30T17:52:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274346237.md)
  - [en](https://longbridge.com/en/news/274346237.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274346237.md)
---

# Update: InMode Shares Rise After Steel Partners Makes Offer for Majority Stake

12:52 PM EST, 01/30/2026 (MT Newswires) -- (Updates with company response in the last paragraph.)

InMode ( INMD ) shares rose 5.2% in Thursday trading, a day after Steel Partners Holdings said in a letter to shareholders that it made an offer for 51% of the company at $18 a share.

This offer represents a 29% premium over InMode's ( INMD ) closing share price on Jan. 23, before takeover speculation emerged, said Steel Partners, which owns 1.3% of InMode's ( INMD ) stock.

Steel Partners "recently attempted to engage in a private dialogue with InMode's ( INMD ) leadership around our attractive proposal, but have so far been rebuffed," according to the letter.

In response to an MT Newswires request for comment, an InMode ( INMD ) spokesperson said the company does not comment on rumors, speculation, or discussions with third parties. The board will evaluate matters as per its fiduciary duties, the spokesperson said.

Price: 15.80, Change: -0.22, Percent Change: -1.37

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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