DOMA Perpetual Sends Letter to the Board of Directors of InMode Urging the Execution of a 40% Tender Offer

Believes InMode's Cash Balance of Roughly 55% of its Market Cap is Grossly Inefficient MIAMI, July 25, 2024 /PRNewswire/ -- DOMA Perpetual Capital Management LLC today sent a letter to the Board of Directors of InMode (NYSE: INMD) urging the Board to execute a 40% tender offer of the stock. The full text of the letter follows: To the Board Members of InMode: Over the last few months, we have communicated privately with the Board of Directors of the Company (the "Board") about our concerns regarding the Comp ...