Check-Cap Ltd. Announces 1-for-7 Reverse Share Split

Check-Cap Ltd. announced a 1-for-7 reverse share split of its ordinary shares on August 7, 2026. The move consolidates approximately 9,463,062 outstanding shares into approximately 1,351,866 shares, with any fractional shares rounded up to the nearest whole share.

The Board of Directors approved the action on July 31, 2026, following shareholder approval granted during the Annual General Meeting on November 14, 2025. Shares will continue to trade on the Nasdaq Capital Market under the symbol MBAI and will begin trading on a split-adjusted basis on August 12, 2026.

This financial restructuring occurs as the company undergoes a strategic transformation through a merger with MBody AI. The combined entity intends to focus on embodied artificial intelligence for robotic systems. Equiniti Trust Company is serving as the transfer and exchange agent for the split.