Check-Cap shares surge 16.86% intraday as shareholders approve 98% merger with MBody AI, rebranding as Nasdaq-embodied AI leader.
ByAinvest
Monday, Nov 17, 2025 9:31 am ET1min read
CHEK--
Check-Cap Ltd. (CHEK) surged 16.86% intraday after shareholders approved a merger with MBody AI Corp. with 98.01% support, transforming the company into a Nasdaq-listed embodied AI leader. The merger, finalized via a subsidiary merger, includes a stock split and name change to "MBody AI Ltd." The overwhelming shareholder backing and strategic shift into AI-driven robotics align with the stock’s sharp intraday rally, reflecting renewed investor confidence in the company’s repositioning.
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