Feb. 23 at 1:48 PM
$INMD Following a careful review of the final proposals received in connection with the potential transaction, the Committee has concluded that none of the final proposals is adequate and in the best interests of the Company and its shareholders. Accordingly, the Committee has determined to discontinue the process at this time.
The Company will continue to review and evaluate its business and growth strategy, as well as its cash allocation strategy, with a focus on enhancing long-term shareholder value.
The Company does not intend to provide further updates regarding this matter unless and until it determines that additional disclosure is appropriate or required.
