MBody AI ($CHEK) Secures 98% Shareholder Approval to Become Leading Nasdaq Embodied AI Company

Rhea-AI Summary

MBody AI (NASDAQ: CHEK) said Check-Cap shareholders approved merger-related proposals with over 98% of votes, accelerating the company's transformation into a hardware-agnostic embodied AI provider. The merger is expected to close in the coming weeks, subject to customary closing conditions. MBody AI will operate the MBody AI Orchestrator platform to coordinate robots and sensors across hospitality, healthcare, logistics, retail, and data centers.

Positive

• 98% shareholder approval for merger
• Merger expected to close in the coming weeks
• MBody AI Orchestrator targets multi‑industry deployments (hospitality, healthcare, logistics, retail, data centers)

Negative

• Merger completion is subject to customary conditions, creating closing uncertainty

Insights

M&A/AI strategy analyst

MBody AI's near‑unanimous shareholder vote materially advances a merger that creates a Nasdaq-listed embodied‑AI orchestration company.

The transaction received overwhelming support with 98% of votes in favor on November 17, 2025, and the parties expect the merger to close in the coming weeks, subject to customary closing conditions. This result converts Check‑Cap into an entity focused on a hardware‑agnostic orchestration platform that coordinates robots and sensors across facilities, positioning the combined company as one of Nasdaq's few pure-play embodied‑AI operators.

Key dependencies include successful closing of the merger and early enterprise wins that demonstrate the claimed cost savings and deployment speed. Execution risks are integration of disparate hardware partners, customer adoption beyond pilot projects, and meeting contractual or regulatory closing conditions. Watch for formal closing confirmation in the coming weeks and early commercial contracts or deployment milestones announced within the next 3–12 months.

Nasdaq-listed AI company gains overwhelming shareholder support for its transformational merger, positioning MBody AI ($CHEK) as a hardware-agnostic embodied intelligence leader ready to scale enterprise automation.

Las Vegas, Nevada and Isfiya, Isreal--(Newsfile Corp. - November 17, 2025) - MBody AI Corp. ("MBody AI") and Check-Cap Ltd. (NASDAQ: CHEK) ($CHEK) ("Check-Cap") today announced that Check-Cap shareholders approved all merger-related proposals with more than 98% of votes cast in favor of the merger. This exceptional mandate accelerates Check-Cap's transformation into one of Nasdaq's only true embodied artificial intelligence companies. The merger is expected to close in the coming weeks, subject to customary conditions.

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A Defining Moment for Embodied AI Adoption

U.S. enterprises are no longer tinkering with robotics pilots, they're racing to roll out full-facility embodied-AI systems because the economics have flipped. The promise of significant, recurring cost savings, (combined with labor volatility, chronic staffing gaps, and compliance pressure) has made automation a strategic necessity, not an experiment.

MBody AI operates the MBody AI Orchestrator™, a hardware-agnostic, enterprise-scale AI platform that integrates and coordinates diverse robots and sensor systems; similar to how software became hardware-agnostic during the rise of cloud computing.

This platform-level approach enables clients to automate physical operations across hospitality, healthcare, logistics, retail, and data center environments with reduced risk, fast deployment, and measurable ROI.

Leadership Commentary

David Lontini, Chairman of Check-Cap, stated:

"A 98% approval rate is a rare and unmistakable mandate. Shareholders clearly understand the scale of the opportunity: this merger creates one of the only true embodied AI companies on Nasdaq at the precise moment enterprises are preparing to scale embodied AI across their operations."

John Fowler, CEO of MBody AI, added:

"Embodied AI is entering its commercial breakout phase. Customers want a unified orchestration platform, not fragmented hardware solutions. Our AI-as-a-Service model enables enterprise-wide deployments with immediate and measurable gains in quality, speed, and operating efficiency."

About MBody AI
MBody AI is a global market leader in embodied artificial intelligence, creating the autonomous workforce of the future. Its proprietary, hardware-agnostic MBody AI Orchestrator™ technology stack integrates robotic and sensor-based systems across industries, enabling human-like adaptability, situational awareness, and operational excellence at scale. MBody AI already powers Fortune 500 enterprises and blue-chip clients. Visit www.mbody.ai.

About Check-Cap Ltd.
Check-Cap Ltd. (NASDAQ: CHEK) is an innovative technology company. Through its shareholder-approved merger with MBody AI, Check-Cap will transform into a publicly traded leader in embodied AI.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933 and the Securities Exchange Act of 1934. Statements include expectations regarding the merger, growth potential, regulatory approvals, and market opportunities . Actual results may differ materially from those indicated, as a result of, among other factors, the satisfaction of closing conditions, the receipt of required regulatory and shareholder approvals, integration risks following the merger, changes in market demand, commercialization risks, competitive dynamics, macroeconomic conditions, and other risks and uncertainties described in the Company's filings with the SEC, including the Form 6-K furnished on November 17, 2025. The companies undertake no obligation to update these statements except as required by law.

Investor Relations
investors@mbody.ai
www.mbody.ai

Follow MBody AI

Website: mbody.ai

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#ArtificialIntelligence #Robotics #Nasdaq #HospitalityTech #Innovation #MBodyAI #CheckCap $CHEK

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274751

FAQ

What did MBody AI (CHEK) announce on November 17, 2025 about shareholder approval?

Check-Cap shareholders approved all merger proposals with more than 98% of votes in favor on November 17, 2025.

When is the MBody AI and Check-Cap merger (CHEK) expected to close?

The companies said the merger is expected to close in the coming weeks, subject to customary closing conditions.

What is the MBody AI Orchestrator and how will it affect CHEK customers?

The MBody AI Orchestrator is a hardware-agnostic, enterprise-scale platform to integrate robots and sensors for full-facility automation across multiple industries.

Which industries will MBody AI (CHEK) target after the merger?

The company highlighted hospitality, healthcare, logistics, retail, and data center environments as target sectors.

Does the CHEK merger carry any investor risk after the November 17, 2025 vote?

Yes; completion remains subject to customary conditions, so the merger is not finalized until those conditions are met.