Check-Cap Ltd. provided an update on its merger with MBody AI, highlighting strong post-announcement momentum in the market. The company reported a more than 300% increase in share price and trading volumes in the hundreds of millions of dollars following the announcement. Significant institutional interest was noted, with dozens of leading investors and investment banks expressing immediate interest in supporting the growth strategy of the combined company. In response to this interest, the Board is actively evaluating potential financing opportunities to strengthen the merged company's capital position and accelerate its growth plans. Additionally, Check-Cap Ltd. confirmed it has regained compliance with Nasdaq's minimum bid price requirement.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Check-Cap Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-099645), on October 16, 2025, and is solely responsible for the information contained therein.
Comments