Mergers & Acquisitions ·
On August 26, 2026, MBody AI Ltd. completed a merger with MBody AI Corp., changing its name from Check-Cap Ltd. and…
CHEKCheck-Cap Ltd
On August 26, 2026, MBody AI Ltd. completed a merger with MBody AI Corp., changing its name from Check-Cap Ltd. and shifting its business focus to embodied artificial intelligence software and robotics services. Former equityholders of MBody AI Corp. received approximately 90% of the combined company's fully diluted shares. On August 27, 2026, the company raised $10.0 million in gross proceeds from an underwritten public offering of 1,538,462 ordinary shares at $6.50 per share. Concurrently, approximately $16.3 million in loans to Apollo were exchanged for a 7.5% equity interest in that entity. The company operates in the embodied artificial intelligence and robotics industry.