Information
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
Original sourceAI Summary
Check-Cap Ltd. announced MBody AI's Nasdaq listing application, marking a key step toward their merger. This milestone supports their goal of listing on Nasdaq Capital Markets in the first half of 2026, which could enhance investor interest and drive stock performance for MBAI.
Sentiment Rationale
The successful NASDAQ application and merger news often lead to increased investor confidence, similar to other tech merger cases where market perception positively shifts post-announcement.
Trading Thesis
Invest in MBAI for potential bullish momentum as merger progresses, targeting short-term gains.
Market-Moving
- MBody AI's Nasdaq application submission could positively influence MBAI stock value.
- Successful merger completion may attract institutional investors to MBAI.
- Future implications of combined company could lead to increased revenue streams.
- Milestones and compliance achievements signal potential stability and growth trajectory.
Key Facts
- MBody AI filed Nasdaq listing application, advancing merger with Check-Cap.
- Listing targeted for the first half of 2026, pending conditions.
- Check-Cap achieved compliance with Nasdaq listing requirements.
- Combined company aims to lead in embodied AI technology.
- CEO expects significant growth and public market engagement.
Companies Mentioned
- Check-Cap Ltd. (MBAI): Executing a merger with MBody AI to enhance market presence.
- MBody AI Corp. (N/A): Seeking Nasdaq listing as part of merger with Check-Cap.
- ARC Group International Inc. (N/A): Involved in Check-Cap's equity line of credit facility.
Corporate Developments
This article falls under 'Corporate Developments' due to the significant merger progress and regulatory milestones, which are key drivers for investor sentiment and stock valuation in the technology sector.