SP Strategic Holdings LLC, an affiliate of Steel Partners Holdings L.P., filed an urgent application in the Haifa District Court on July 10, 2026, seeking interim relief to halt InMode Ltd. and its directors from proceeding with a special committee's evaluation of an acquisition proposal from M.N. Business Strategy Ltd. The application challenges the independence of the company's directors. On July 12, 2026, the Court postponed the hearing and extended the response deadline to July 19, 2026, provided the company agrees not to approve or reject the acquisition proposals before the hearing. InMode Ltd. is a medical technology company that develops and manufactures minimally invasive procedures for aesthetic and health treatments.
