Check-Cap surged 16.15% intraday following its announcement to rebrand as MBody AI and change its Nasdaq ticker from CHEK to MBAI, effective December 2, 2025. The move reflects the company’s merger with MBody AI, a leader in embodied artificial intelligence, which received 98.01% shareholder approval. The rebranding underscores a strategic pivot toward AI-driven automation for industries like healthcare, logistics, and retail, positioning the combined entity as a hardware-agnostic platform provider. The ticker change, coupled with the merger’s approval and MBody AI’s existing client base (including Fortune 500 companies), signals a shift toward high-growth AI markets, likely fueling investor optimism. The stock had already risen ~30% in the prior week, suggesting continued momentum around the strategic transformation.
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