Mergers & Acquisitions ·
MBody AI raises $10.0 million in public offering at $6.50 per share, changes name from Check-Cap
CHEKCheck-Cap Ltd
MBody AI Ltd. completed a merger with MBody AI Corp., resulting in the issuance of approximately 12,379,581 ordinary shares to former MBody AI Corp. stockholders, representing roughly 90% of post-merger equity. Subsequently, on August 27, 2026, the company closed a $10.0 million underwritten public offering of 1,538,462 ordinary shares at $6.50 per share. The corporate name was officially changed from Check-Cap Ltd., effective August 27, 2026, following a reverse stock split executed on August 13, 2026. Total outstanding shares stand at approximately 15,293,584 with a market capitalization of $99 million as of mid-September 2026. MBody AI Ltd. develops enterprise software that deploys and manages autonomous robot workforces for hospitality and gaming operators.