MBody AI Advances Nasdaq Application as Merger with Check-Cap Moves Forward

BenzingaBenzinga
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Key Takeaway

MBody AI files Nasdaq application as merger with Check-Cap progresses. Combined company will focus on embodied AI for robotics across healthcare, logistics, and other sectors.

MBody AI Advances Nasdaq Application as Merger with Check-Cap Moves Forward

MBody AI Corp. has submitted its application for listing on the Nasdaq stock exchange, representing a key regulatory advancement in the company's planned merger with Check-Cap Ltd. The filing marks progress toward completing the transaction that will create a publicly traded entity focused on embodied artificial intelligence technologies for robotic systems.

The combined company is positioned to serve multiple sectors, including hospitality, healthcare, logistics, and data center operations. According to the announcement, the merger is expected to close with a Nasdaq listing targeted for the first half of 2026, subject to customary closing conditions and regulatory approvals.

The transaction brings together Check-Cap's public market infrastructure with MBody AI's artificial intelligence and robotics capabilities, combining their respective technologies and market positioning in the growing embodied AI sector.

Source: Benzinga

Back to newsPublished Feb 24

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