Check-Cap MBody AI Reverse Share Split
Analysis based on 9 articles · First reported Aug 11, 2026 · Last updated Aug 13, 2026
The reverse share split is a technical corporate action that reduces the number of shares outstanding, potentially increasing the per-share price to meet listing requirements. The successful execution of the split and progress toward the merger with MBody AI could positively affect investor sentiment for Check-Cap, while the merger's completion remains subject to regulatory approvals and market conditions.
Check-Cap Ltd.., a technology company listed on Nasdaq under the symbol MBAI, implemented a 1-for-7 reverse share split of its ordinary shares on August 13, 2026. The split reduced the number of issued and outstanding shares from approximately 9,463,062 to approximately 1,351,866. This action was taken in preparation for the closing of its proposed merger with MBody AI Corp.., a physical AI company specializing in enterprise robotics orchestration. The reverse share split is intended to help the combined company satisfy Nasdaq's $4.00 minimum bid price requirement for its initial listing application. The merger remains on track to close in the third quarter of 2026, subject to final Nasdaq approval and customary closing conditions. The company's board approved the split on July 31, 2026, and shareholders had approved it at the Annual General Meeting on November 14, 2025. Equiniti Trust Company, LLC is acting as transfer and exchange agent. The company's shares continue to trade on The Nasdaq Capital Market under the symbol MBAI on a split-adjusted basis.
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