MBody AI Completes Name Change Following Merger and $10 Million Offering
MBody AI Ltd. completed its corporate name change from Check-Cap Ltd., capping a reverse merger with MBody AI Corp. that closed August 26, 2026, and its shares continue trading on Nasdaq under MBAI. Former MBody AI Corp.
Key figures
- Offering Price
- 6.5
- Shares Offered
- 1538462
- Market cap
- $99 million
- Gross proceeds
- $10.0 million
- Merger close date
- 2026-08-26
- Shares outstanding
- 15293584
- Offering close date
- 2026-08-27
- Reverse split ratio
- 1-for-7
- Merger ownership pct
- approximately 90%
- Cumulative service area
- approximately 600 million square feet
- Merger consideration shares
- 12379581
- Us states with fleet operations
- 11
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