MBody AI and Check Cap Ltd. ($MBAI) Submit Nasdaq Listing Application for Merger Close
MWN-AI** Summary
On February 24, 2026, Check- Cap Ltd. (NASDAQ: MBAI) announced that MBody AI Corp. has submitted its application for a Nasdaq listing, marking a significant milestone in their anticipated merger. This advancement is part of their strategic plan to establish a new combined entity focused on the rapidly evolving field of embodied artificial intelligence (AI), which is expected to list on Nasdaq in the first half of 2026, pending regulatory approvals and customary closing conditions.
The submission follows various achievements, including Check-Cap regaining compliance with Nasdaq’s listing requirements and filing a Form F-1 Registration Statement related to an equity line of credit facility with ARC Group International. MBody AI has also provided its audited financial statements, which demonstrate its growth and operational readiness. CEO John Fowler emphasized the importance of this listing application, stating it reflects the progress made and the real opportunity within the scaling physical AI market.
The merger consolidates Check-Cap’s transformation into a leader in the AI space, particularly for enterprise applications across sectors such as healthcare, logistics, and hospitality. MBody AI is recognized for its innovative MBody AI Orchestrator™ platform, designed to optimize robotic systems through real-time data intelligence and predictive analytics.
Both companies express optimism about the merger's timeline and the future prospects of their combined capabilities, which aim to streamline and enhance enterprise operations. As they navigate this transition, potential investors are encouraged to monitor developments closely, as the merger represents a significant step into the burgeoning embodied AI market.
MWN-AI** Analysis
In light of Check-Cap Ltd. (NASDAQ: MBAI) and MBody AI Corp.'s recent submission of their Nasdaq listing application, investors should closely monitor the developments surrounding this merger, which represents a significant shift towards embodied artificial intelligence. This move signals readiness for greater market exposure and the potential for accelerated revenue growth from high-profile clients in sectors such as healthcare, logistics, and hospitality.
The regulatory milestone, combined with Check-Cap's regained compliance with Nasdaq's continued listing requirements, suggests a well-prepared transition into a larger operational framework upon merger completion. With anticipated trading set for the first half of 2026, investors are advised to carefully watch for updates on the approval process, as regulatory hurdles can often impact timelines and market sentiment.
MBody AI's focus on developing the MBody AI Orchestrator™ platform highlights its commitment to advancing robotic technology for enterprise solutions. The emphasis on providing data intelligence and optimizing robotic fleets positions the company favorably within a rapidly evolving sector. This emerging market for embodied AI is projected to grow significantly, which posits an opportunity for high returns, yet it also bears inherent risks, including customer concentration and integration challenges post-merger.
Investors considering entry into Check-Cap's stock should weigh the promising prospects of the combined company against execution risks inherent in technology-based sectors. Those already invested may benefit from holding their positions as the potential synergies of the merger unfold. Overall, the developments surrounding the MBody AI merger present a compelling narrative for investors focused on innovative technology, but they must remain vigilant regarding market dynamics that could influence the timelines and growth trajectories of both entities.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
ISFIYA, Israel, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Check-Cap Ltd. (NASDAQ: MBAI) (“Check-Cap” or the “Company”), a Nasdaq-listed company, today announced that MBody AI Corp. (“MBody AI”) has submitted its Nasdaq listing application, representing a significant regulatory milestone toward closing the previously announced merger between Check-Cap and MBody AI. The submission of the application further advances the prospective combined company toward its anticipated Nasdaq Capital Markets (“Nasdaq”) listing, targeted for the first half of 2026, subject to customary closing conditions.
The Nasdaq application submission follows a series of significant milestones achieved in recent months, including the Company’s regaining compliance with Nasdaq continued listing requirements, the filing of a Form F-1 Registration Statement in connection with the equity line of credit facility with ARC Group International Inc., and the furnishing of MBody AI’s audited financial statements as of December 31, 2024 and for the period from October 7, 2024 (date of formation) to December 31, 2024, and as of June 30, 2025 and for the six months then ended, each of which has contributed to accelerating the trajectory toward closing.
“The submission of our Nasdaq listing application is a major step forward in bringing MBody AI to the public markets,” said John Fowler, Chief Executive Officer of MBody AI. “This milestone, combined with our completed audits and the Company’s regaining Nasdaq compliance, reflects the tremendous progress we have made across every dimension of this process. The physical AI opportunity is real, it is scaling now, and MBody AI is positioned at the center of it. We look forward to welcoming public-market investors into that story.”
“We are excited for the future prospect of the combined company. We remain on track to close in the first half of 2026, and we are more energized than ever about what comes next,” said David Lontini, Chairman of the Board and Interim Chief Executive Officer of Check-Cap.
About Check-Cap Ltd.
Check-Cap Ltd. (NASDAQ: MBAI) is a technology company executing a strategic transformation through its shareholder-approved merger with MBody AI. Upon completion, Check-Cap expects to become a publicly traded leader in embodied artificial intelligence, delivering enterprise-grade AI orchestration for robotic systems across hospitality, healthcare, logistics, and data center operations.
About MBody AI Corp.
MBody AI is an embodied artificial intelligence company building the autonomous workforce of the future. Its proprietary, hardware-agnostic MBody AI Orchestrator™ platform delivers real-time data intelligence and AI-driven performance insights for robotic fleets, with capabilities spanning deployment optimization, predictive maintenance, and full-fleet coordination. MBody AI serves Fortune 500 enterprises and blue-chip customers across multiple industry verticals. For more information, visit www.mbody.ai.
Investor Information
Learn more about MBody AI’s growth trajectory at investors.mbody.ai
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements, which include, among others, statements regarding the completion and timing of the merger with MBody AI, the anticipated Nasdaq listing and commencement of trading, the Company’s ability to maintain continued compliance with Nasdaq listing requirements, the expected benefits of the merger, MBody AI’s technology roadmap and commercial scaling, the Company’s beliefs about market and technology trends, the anticipated growth of the embodied AI market, the future operations and positioning of the combined company, the anticipated use or non-use of the equity line of credit facility with ARC Group International Inc., and the expected timeline for closing the merger. These forward-looking statements are based on the Company’s current intentions, beliefs, and expectations regarding future events. Actual results may differ materially due to risks and uncertainties including, but not limited to, the satisfaction of closing conditions, the ability to complete the merger on the anticipated timeline or at all, the ability to receive Nasdaq approval and commence trading, integration risks, customer concentration risks, market conditions, and other factors described in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements except as required by law.
Media Contact
MBody AI Corp.
Email: investors@mbody.ai
Phone: (725) 666-1750
Investor Relations
MZ Group North America
Shannon Devine/ Jamie Kirchen
MBAI@mzgroup.us
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4efd6488-de59-4200-914f-456a2cc9bd06
FAQ**
What are the key factors contributing to the successful Nasdaq listing application for Check-Cap Ltd. MBAI and how might they impact investor confidence in the merger with MBody AI?
How does Check-Cap Ltd. MBAI plan to leverage MBody AI's technology to differentiate itself in the embodied AI market following their merger?
What potential challenges does Check-Cap Ltd. MBAI foresee in maintaining compliance with Nasdaq listing requirements post-merger, and how are they planning to address these risks?
Can Check-Cap Ltd. MBAI provide more insights on their growth strategy following the merger, specifically regarding the markets they aim to penetrate with MBody AI's offerings?
**MWN-AI FAQ is based on asking OpenAI questions about Check-Cap Ltd. (NASDAQ: MBAI).
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