BUZZ-InMode rises after announcing it is evaluating strategic alternatives

Reuters02-02 20:18

** U.S.-listed shares of Israel-based medical technology firm InMode INMD.O rise 3.5% to $16.26 premarket

** Co says it is currently evaluating potential strategic alternatives

** Says it is aware of reports related to the publicly announced non-binding proposal by Steel Partners Holdings L.P. to acquire 51% of INMD

** Adds committee of independent directors it had previously established to oversee this review process will continue to evaluate any matters presented to it

** INMD fell 12% in 2025

(Reporting by Sneha S K)

((Sneha.SK@thomsonreuters.com))

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