Check-Cap Ltd. — MarketDX

Robotics & Physical AI

MBody AI Completes Name Change After Merger and $10 Million Offering

MBody AI Ltd. announced the completion of its corporate name change from Check-Cap Ltd., establishing a unified public-market identity following its merger with MBody AI Corp. on August 26, 2026, and a $10.0 million underwritten public offering on August 27, 2026. The company's ordinary shares continue to trade on the Nasdaq Capital Market under the symbol MBAI, with a CUSIP of M6S83C106. In the merger, former stockholders of MBody AI Corp. received an aggregate of approximately 12,379,581 ordinary shares, representing approximately 90% of the company's outstanding ordinary shares immediately after the merger and before the offering closed. The offering consisted of 1,538,462 ordinary shares at $6.50 per share, for gross proceeds of approximately $10.0 million, with no warrants, preferred shares, or convertible securities issued. As of September 15, 2026, the company had 15,293,584 ordinary shares issued and outstanding and a market capitalization of approximately $99 million. MBody AI, whose Orchestrator platform manages robot fleets across eleven U.S. states and Canada, serves Fortune 500 gaming and hospitality operators including Mohegan Sun, and its fleets have cumulatively delivered service across approximately 600 million square feet of large-scale hospitality environments.

MBAI

Robotics & Physical AI

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MBAI▲3

Check-Cap Advances MBody AI Merger with 1-for-7 Reverse Share Split

Check-Cap Ltd. has completed a 1-for-7 reverse share split effective August 13, 2026, advancing its proposed merger with physical AI company MBody AI Corp. The reverse split reduces outstanding ordinary shares from approximately 9,463,062 to approximately 1,351,866, with every seven shares consolidated into one and no fractional shares issued, as fractional shares are rounded up to the nearest whole share. The company's ordinary shares begin trading on a split-adjusted basis on The Nasdaq Capital Market under the symbol MBAI and new CUSIP number M6S83C106. The move is a shareholder-approved step to position the combined company to satisfy the $4.00 minimum bid price standard for its initial listing application with Nasdaq, and the merger remains on track to close in the third quarter of 2026, subject to final Nasdaq approval and customary closing conditions.

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Artificial Intelligence▲

MBody AI Partners with Buyers Edge Platform to Deploy Robotics Across 286,000 Foodservice Locations

MBody AI has signed a referral and channel partner agreement with Buyers Edge Platform, a leading digital procurement network for the foodservice industry, positioning MBody AI’s Orchestrator as Buyers Edge Platform’s physical-AI and robotics provider. The partnership gives MBody AI access to approximately 286,000 operator locations across foodservice and hospitality markets, with Buyers Edge Platform introducing the MBody AI Orchestrator platform and robotics-managed services to its extensive operator network beginning July 2026. MBody AI’s hardware-agnostic Orchestrator is a centralized intelligent software and service platform designed to coordinate and scale autonomous robotic operations, with demand driven by operator needs identified through Buyers Edge Platform’s sales network and data insights. The proposed business combination between Check-Cap and MBody AI continues to advance, having received shareholder approval from both companies, and remains on track to close subject to customary conditions. Check-Cap’s Chairman and Interim CEO stated the company remains fully committed to the merger, which would make it a publicly traded leader in embodied artificial intelligence upon completion.

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Artificial Intelligence Robotics & Physical AI

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