Check-Cap Announces Reverse Share Split
Check-Cap announced a 1-for-7 reverse share split effective August 12, 2026, reducing outstanding ordinary shares from approximately 9.46 million to 1.35 million. The Board approved the split on July 31, 2026, following shareholder approval in November 2025; shares will continue trading on Nasdaq under symbol MBAI with a new CUSIP.
Key figures
- Pre split shares
- 9463062
- Post split shares
- 1351866
- Reverse split ratio
- 1-for-7
AI analysis
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