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.
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