Recent Updates — CHEK
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.
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.