Stryker Corporation has completed its acquisition of Inari Medical, Inc. through a merger with its subsidiary, Eagle 1 Merger Sub, Inc. The transaction, valued at approximately $4.94 billion in cash, was finalized on February 19, 2025, under the previously announced merger agreement dated January 6, 2025. Following the merger, Inari became a wholly owned subsidiary of Stryker.

The acquisition was executed under Section 251(h) of the Delaware General Corporation Law, allowing for a streamlined process without requiring a stockholder vote. Stryker had previously disclosed the merger details in its Form 8-K filed on January 7, 2025.