Check-Cap Shares Move as MBody AI Merger Heads Toward Nasdaq Wrap
Check-Cap (MBAI) closed down 3.37% at $1.72, slipping to $1.67 after hours. MBody AI CEO John Fowler will present the merger partner’s robotics platform at a Miami investor summit on May 28. MBody AI shareholders will hold about 90% of the merged company, with Check-Cap holders getting 10%. The merger remains subject to closing conditions but has received shareholder approval.