Check-Cap shares surge 20.03% intraday as merger with MBody AI gains momentum, driven by strong demand and institutional interest.

Check-Cap surged 20.03% intraday following a rescheduled AGM announcement and updates on its transformative merger with MBody AI. The merger, set to create a market-leading embodied AI entity, highlights MBody AI’s rapid growth in robotics and automation, driven by multi-year contracts with global clients and institutional interest. The combined entity’s valuation has risen amid heightened demand for embodied AI, with analysts projecting a $16 trillion market opportunity by 2050. Check-Cap’s shareholders gain early access to this high-growth narrative, positioning the merger as a strategic move to capitalize on AI-driven economic expansion. The rescheduled AGM and impending shareholder vote add urgency, with cross-listing and institutional alignment measures expected post-closing. The stock’s sharp rise reflects optimism over the merger’s potential to unlock long-term value in a transformative sector.