New York, May 27, 2026, 04:48 (EDT)
- Check-Cap, which trades as MBAI on Nasdaq, closed down 3.37% at $1.72. The stock slipped to $1.67 after hours, according to .
- MBody AI CEO John Fowler is set to show the merger partner’s robotics platform at a Miami investor summit on May 28, the company said.
- The focus is still on the merger closing. Filings say MBody AI shareholders will get roughly 90% of the merged company, while Check-Cap holders take about 10%.
Check-Cap Ltd. shares are in focus before the U.S. open Wednesday, after the company said its merger partner MBody AI plans to show its enterprise robotics platform to institutional investors in Miami this week.
Check-Cap isn’t just a medical-diagnostics name anymore. The small Nasdaq-listed stock is trying to remake itself as a bet on embodied artificial intelligence, or software for robots and machines to act out in the real world, via its planned merger with MBody AI.
Nasdaq hadn’t opened regular trading at the time of the dateline. The exchange handles pre-market trading from 4:00 a.m. to 9:30 a.m. Eastern, before the main session starts. According to the 2026 holiday schedule, Monday, May 25 is set as the Memorial Day closure, which means Wednesday is listed as a standard trading day.
MBAI finished the last session at $1.72, dropping 3.37%. The stock opened at $1.79, moved between $1.68 and $1.814. Trading volume hit 79,130 shares, missing the 258,780-share average from Robinhood data. Webull listed the market cap near $12.08 million, keeping MBAI squarely in micro-cap range.
Check-Cap said Fowler will speak at Centurion One Capital’s first Miami Summit on Thursday and take part in a panel as well as one-on-one meetings. Fowler said the meeting brings MBody AI to investors at the “right moment, ahead of our planned public listing.” Check-Cap chairman and interim CEO David Lontini said the company is “moving through the final regulatory steps.” GlobeNewswire
Shareholders for both companies have approved the merger, which is still aiming to close in the first half of 2026, the company said. It’s still subject to closing conditions. Nasdaq finished an initial review of the merger-related listing application, according to the company, and Check-Cap has answered more questions from Nasdaq.
Check-Cap changed its ticker to MBAI from CHEK as of Dec. 2, 2025, according to SEC filings. About 98% of shareholder votes at the November 2025 meeting favored the merger. MBody AI’s pre-merger holders are set to own about 90% of the combined company, the filing said.
MBody AI reported audited financials for 2025 with net revenue at $2.40 million and net income of $507,851. The company said most of its revenue was from customer subscriptions, with clients paying over time for rights to MBody’s robotics and software systems.
Pro forma numbers are messy. Check-Cap posted unaudited pro forma 2025 net income of $4.65 million. But that figure had a $6.53 million gain from debt extinguishment and conversion. That is a one-off accounting gain, not revenue.
Comparing public robotics stocks is still tough. Names like Symbotic, which does AI-driven warehouse automation, and Serve Robotics, with its autonomous delivery robots, help investors get a sense of where the sector is. But for now, Check-Cap is still driven by merger and listing process trades until MBody AI is part of the public company.
The risk is clear. Legal closing still hasn’t happened. The pro forma numbers are unaudited, and final numbers could be well off what’s in the filing. Thin trading works both ways—a small float can send the stock higher fast, but it can also mean sellers have nowhere to go if momentum fades.
Miami is up next. Traders looking for details on customers, rollout speed, or subscription numbers from Fowler’s presentation could get more to go on than just a merger timeline. Without that, MBAI remains a small, choppy Nasdaq name still waiting for deal news.
