STOCK TITAN

Check-Cap (NASDAQ: MBAI) sets 1-for-7 reverse split and share consolidation

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Check-Cap Ltd. reported that its Board of Directors and shareholders have approved a 1-for-7 reverse share split of its ordinary shares. The company stated that approximately 9,463,062 issued and outstanding ordinary shares will be consolidated into approximately 1,351,866 shares, with every seven shares combined into one.

The ordinary shares will continue trading on the Nasdaq Capital Market under the symbol “MBAI” and are expected to begin trading on a split-adjusted basis when the market opens on August 12, 2026. No fractional shares will be issued; any fractional positions will be rounded up to the nearest whole share. Equiniti Trust Company, LLC will serve as transfer and exchange agent. The company also reiterates that it is executing a strategic transformation through a shareholder-approved merger with MBody AI, after which it expects to focus on embodied artificial intelligence solutions.

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Filing Explained

The filing is added to existing S-8 registrations, but the referenced securities registration remains ineffective and cannot yet support sales.

As a Form 6-K, this report furnishes material interim information from a foreign private issuer. Check-Cap states that the report is incorporated by reference into its listed Form S-8 registration statements as of submission, adding this disclosure to those existing registration filings.

Separately, the press release says a registration statement covering company securities has been filed but is not effective, and those securities may not be sold before it becomes effective. Accordingly, this disclosure concerns registration status rather than a completed securities sale.

Reverse share split ratio 1-for-7 Every seven issued and outstanding ordinary shares consolidated into one ordinary share
Shares outstanding before split 9,463,062 shares Approximate issued and outstanding ordinary shares prior to the reverse share split
Shares outstanding after split 1,351,866 shares Approximate issued and outstanding ordinary shares following the reverse share split
Split-adjusted trading date August 12, 2026 Date when ordinary shares begin trading on a split-adjusted basis on Nasdaq
Board approval date July 31, 2026 Date the Board of Directors approved the reverse share split
Shareholder approval date November 14, 2025 Date of Annual General Meeting at which shareholders approved the reverse share split
reverse share split financial
"today announced a 1-for-7 reverse share split of the Company’s ordinary shares"
A reverse share split is when a company reduces the number of its shares outstanding by combining multiple shares into one, effectively increasing the price of each share. For investors, this can help improve the company's image or meet stock exchange listing requirements, but it does not change the total value of their investment. It’s similar to turning many small pieces of a puzzle into fewer larger pieces—nothing new is added or lost, just rearranged.
split-adjusted basis financial
"will begin trading on a split-adjusted basis when the market opens on August 12, 2026"
An adjustment to historical share prices and share counts that reflects past stock splits or reverse splits so that old data lines up with the current number of shares. Think of it like resizing an old photograph so it matches a new frame: it keeps price charts, returns and per‑share metrics comparable over time, which matters to investors who need accurate performance, valuation and trend analysis.
transfer and exchange agent financial
"Equiniti Trust Company, LLC is acting as transfer and exchange agent for the Reverse Share Split"
A transfer and exchange agent is a financial service provider that keeps official records of who owns a company’s securities, issues or cancels share certificates, processes ownership transfers, and handles exchanges during corporate actions like mergers or tender offers. For investors it’s important because this agent ensures you receive dividends, vote notices and the correct new securities or cash when ownership changes—think of them as a combination of a registry keeper and transaction facilitator for your holdings.
embodied artificial intelligence technical
"expects to become a publicly traded leader in embodied artificial intelligence"
Embodied artificial intelligence is software that controls a physical device—such as a robot, drone, or smart sensor—so it can perceive, move and act in the real world rather than just process data in a computer. Investors care because embedding AI into hardware creates new markets, recurring service and maintenance revenue, and higher upfront costs and regulatory or safety risks, much like putting an engine into a new type of vehicle changes manufacturing and ongoing business models.
Form F-3 regulatory
"the Company’s ability to satisfy the eligibility requirements for Form F-3"
Form F-3 is a U.S. securities filing that lets eligible foreign companies pre-register and then quickly sell shares or other securities to raise money, because they already meet ongoing reporting and size tests. For investors it signals that the company is up-to-date with regulatory disclosure and has an efficient way to issue new securities — similar to a pre-approved credit line — which can mean faster capital raises but also potential dilution of existing holdings.
baby shelf instructions regulatory
"including the baby shelf instructions and limitations on the amount of securities"

FAQ

What reverse share split did Check-Cap (MBAI) announce?

Check-Cap announced a 1-for-7 reverse share split of its ordinary shares. Every seven existing ordinary shares will be consolidated into one share, reducing issued and outstanding shares from about 9,463,062 to about 1,351,866.

When will Check-Cap (MBAI) begin trading on a split-adjusted basis?

Check-Cap stated its shares will begin trading on a split-adjusted basis on August 12, 2026. The ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol MBAI following the reverse share split.

How will fractional shares be handled in the Check-Cap (MBAI) reverse split?

No fractional shares will be issued in the reverse share split. Check-Cap explained that all fractional share amounts resulting from the 1-for-7 consolidation will be rounded up to the nearest whole ordinary share for shareholders.

Do Check-Cap (MBAI) shareholders need to take action for the reverse split?

Check-Cap indicated registered shareholders are not required to take action to receive post-split shares. Those holding shares electronically at brokerage firms will see the reverse split automatically reflected in their brokerage accounts.

What is the role of Equiniti Trust Company in Check-Cap’s (MBAI) reverse split?

Equiniti Trust Company, LLC will act as the transfer and exchange agent for the 1-for-7 reverse share split. It will handle administrative aspects of exchanging pre-split for post-split shares for registered shareholders of Check-Cap.

How does the MBody AI merger relate to Check-Cap (MBAI)?

Check-Cap described itself as executing a strategic transformation through a shareholder-approved merger with MBody AI. Upon completion, it expects to be a publicly traded provider of embodied artificial intelligence orchestration for various robotic system markets.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16

OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2026.

 

Commission File Number 001-36848

 

Check-Cap Ltd.

(Exact Name of Registrant as Specified in Charter)

 

Abba Hushi Avenue

P.O. Box 1271

Isfiya, 30090 Mount Carmel, Israel

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F           Form 40-F

 

 

 

 

 

This Form 6-K is being incorporated by reference into Check-Cap Ltd.’s Registration Statements on Form S-8 (File No. 333-203384, 333-203384, 333-226490 and 333-259666) filed with the Securities and Exchange Commission, to be a part thereof from the date on which this Report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

 

On August 7, 2026, Check-Cap Ltd. (“Check-Cap” or the “Company”) issued a press release announcing a 1-for-7 reverse share split of the ordinary shares of the Company.

 

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Exhibits

 

Exhibit No.   Description
99.1   Press Release of Check-Cap Ltd., dated August 7, 2026.

 

1

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  CHECK-CAP LTD.
     
  By: /s/ David Lontini
  Name: David Lontini
  Title: Interim Chief Executive Officer

 

Date: August 7, 2026

 

2

 

Exhibit 99.1

 

Check-Cap Announces Reverse Share Split

 

ISFIYA, Israel, August 7, 2026 (GLOBE NEWSWIRE) -- Check-Cap Ltd. (“Check-Cap” or the “Company”) (NASDAQ: MBAI) today announced a 1-for-7 reverse share split (the “Reverse Share Split”) of the Company’s ordinary shares.

 

The Company’s Board of Directors approved the Reverse Share Split on July 31, 2026, and the Company obtained shareholder approval for the Reverse Share Split at its Annual General Meeting of Shareholders held on November 14, 2025.

 

The Company’s ordinary shares will continue to trade on The Nasdaq Capital Market tier of The Nasdaq Stock Market LLC (“Nasdaq”) under the symbol “MBAI” and will begin trading on a split-adjusted basis when the market opens on August 12, 2026. The new CUSIP number for the Company’s ordinary shares following the Reverse Share Split will be M6S83C106.

  

The Reverse Share Split will adjust the number of issued and outstanding ordinary shares from approximately 9,463,062 shares to approximately 1,351,866 shares. Every seven (7) issued and outstanding ordinary shares of the Company as of the effective time of the Reverse Share Split will be consolidated into one (1) ordinary share.

 

No fractional shares will be issued in connection with the Reverse Share Split. All fractional shares will be rounded up to the nearest whole ordinary share. Equiniti Trust Company, LLC is acting as transfer and exchange agent for the Reverse Share Split. Registered shareholders are not required to take any action to receive post-Reverse Share Split shares. Shareholders who are holding their shares in electronic form at brokerage firms need not take any action as the effect of the Reverse Share Split will automatically be reflected in their brokerage accounts.

 

Additional information about the Reverse Share Split can be found in the Company’s Reports on Form 6-K filed with the Securities and Exchange Commission (the “SEC”) on September 12, 2025, November 4, 2025, and November 17, 2025, which are available free of charge at the SEC’s website, www.sec.gov.

 

 

 

About Check-Cap Ltd.

 

Check-Cap Ltd. (NASDAQ: MBAI) is a technology company executing a strategic transformation through its shareholder-approved merger with MBody AI. Upon completion, Check-Cap expects to become a publicly traded leader in embodied artificial intelligence, delivering enterprise-grade AI orchestration for robotic systems across hospitality, gaming, commercial real estate, healthcare, and data center operations.

 

No Offer or Solicitation

 

This press release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A registration statement relating to securities of the Company has been filed with the SEC but has not yet become effective. The securities covered by that registration statement may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. Neither the SEC nor any state securities commission has approved or disapproved of such securities or passed upon the accuracy or adequacy of the registration statement.

 

Cautionary Note Regarding Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “expect,” “intend,” “plan,” “anticipate,” “believe,” “will,” and similar expressions. These statements include, but are not limited to, statements regarding the effectuation of the Reverse Share Split. These forward-looking statements are based on the Company’s current intentions, beliefs, and expectations regarding future events. Actual results may differ materially due to risks and uncertainties including, but not limited to, the ability to complete the merger with MBody AI on the anticipated timeline or at all, integration risks, customer concentration risks, market conditions, the risk that MBody AI’s provisional patent application may not mature into an issued or enforceable patent, the Company’s ability to satisfy the eligibility requirements for Form F-3 (including the baby shelf instructions) and limitations on the amount of securities that may be sold thereunder, and other factors described in the Company’s filings with the SEC. The Company undertakes no obligation to update forward-looking statements except as required by law.

 

Investor Relations Contact and Media Contact

 

Investor Relations:
Lytham Partners, LLC
602-889-9700
ir@mbody.ai

 

Media Contact:
Core IR
ir@mbody.ai

 

 

 

Filing Exhibits & Attachments

1 document