ISFIYA, Is ael, Aug. 07, 2026 (GLOBE NEWSWIRE) — Check-Cap Ltd. (“Check-Cap” o the “Compa y”) (NASDAQ: MBAI) today a ou ced a 1-fo -7 eve se sha e split (the “Reve se Sha e Split”) of the Compa y’s o di a y sha es.
The Compa y’s Boa d of Di ecto s app oved the Reve se Sha e Split o July 31, 2026, a d the Compa y obtai ed sha eholde app oval fo the Reve se Sha e Split at its A ual Ge e al Meeti g of Sha eholde s held o Novembe 14, 2025.
The Compa y’s o di a y sha es will co ti ue to t ade o The Nasdaq Capital Ma ket tie of The Nasdaq Stock Ma ket LLC (“Nasdaq”) u de the symbol “MBAI” a d will begi t adi g o a split-adjusted basis whe the ma ket ope s o August 12, 2026. The ew CUSIP umbe fo the Compa y’s o di a y sha es followi g the Reve se Sha e Split will be M6S83C106. The Reve se Sha e Split will adjust the umbe of issued a d outsta di g o di a y sha es f om app oximately 9,463,062 sha es to app oximately 1,351,866 sha es. Eve y seve (7) issued a d outsta di g o di a y sha es of the Compa y as of the effective time of the Reve se Sha e Split will be co solidated i to o e (1) o di a y sha e.
No f actio al sha es will be issued i co ectio with the Reve se Sha e Split. All f actio al sha es will be ou ded up to the ea est whole o di a y sha e. Equi iti T ust Compa y, LLC is acti g as t a sfe a d excha ge age t fo the Reve se Sha e Split. Registe ed sha eholde s a e ot equi ed to take a y actio to eceive post-Reve se Sha e Split sha es. Sha eholde s who a e holdi g thei sha es i elect o ic fo m at b oke age fi ms eed ot take a y actio as the effect of the Reve se Sha e Split will automatically be eflected i thei b oke age accou ts.
Additio al i fo matio about the Reve se Sha e Split ca be fou d i the Compa y’s Repo ts o Fo m 6-K filed with the Secu ities a d Excha ge Commissio (the “SEC”) o Septembe 12, 2025, Novembe 4, 2025, a d Novembe 17, 2025, which a e available f ee of cha ge at the SEC’s website, www.sec.gov.
Check-Cap Ltd. (NASDAQ: MBAI) is a tech ology compa y executi g a st ategic t a sfo matio th ough its sha eholde -app oved me ge with MBody AI. Upo completio , Check-Cap expects to become a publicly t aded leade i embodied a tificial i tellige ce, delive i g e te p ise-g ade AI o chest atio fo obotic systems ac oss hospitality, gami g, comme cial eal estate, healthca e, a d data ce te ope atio s.
This p ess elease is fo i fo matio al pu poses o ly a d shall ot co stitute a offe to sell o the solicitatio of a offe to buy a y secu ities, o shall the e be a y sale of secu ities i a y state o ju isdictio i which such offe , solicitatio , o sale would be u lawful p io to egist atio o qualificatio u de the secu ities laws of a y such state o ju isdictio . A egist atio stateme t elati g to secu ities of the Compa y has bee filed with the SEC but has ot yet become effective. The secu ities cove ed by that egist atio stateme t may ot be sold, o may offe s to buy be accepted, p io to the time the egist atio stateme t becomes effective. Neithe the SEC o a y state secu ities commissio has app oved o disapp oved of such secu ities o passed upo the accu acy o adequacy of the egist atio stateme t.
This p ess elease co tai s fo wa d-looki g stateme ts withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995. Fo wa d-looki g stateme ts may be ide tified by the use of wo ds such as “expect,” “i te d,” “pla ,” “a ticipate,” “believe,” “will,” a d simila exp essio s. These stateme ts i clude, but a e ot limited to, stateme ts ega di g the effectuatio of the Reve se Sha e Split. These fo wa d-looki g stateme ts a e based o the Compa y’s cu e t i te tio s, beliefs, a d expectatio s ega di g futu e eve ts. Actual esults may diffe mate ially due to isks a d u ce tai ties i cludi g, but ot limited to, the ability to complete the me ge with MBody AI o the a ticipated timeli e o at all, i teg atio isks, custome co ce t atio isks, ma ket co ditio s, the isk that MBody AI’s p ovisio al pate t applicatio may ot matu e i to a issued o e fo ceable pate t, the Compa y’s ability to satisfy the eligibility equi eme ts fo Fo m F-3 (i cludi g the baby shelf i st uctio s) a d limitatio s o the amou t of secu ities that may be sold the eu de , a d othe facto s desc ibed i the Compa y’s fili gs with the SEC. The Compa y u de takes o obligatio to update fo wa d-looki g stateme ts except as equi ed by law.
I vesto Relatio s:Lytham Pa t e s, LLC602-889-9700i @mbody.ai
Media Co tact:Co e IRi @mbody.ai
