27 March 2026 | News
Image Courtesy: Public Domain
Check-Cap Ltd. ("Check-Cap" or the "Company") (NASDAQ: $MBAI) through its pending business combination, MBody AI Corp., a market-leading embodied artificial intelligence company, announced the expansion of an existing deployment with a Fortune 500 gaming and hospitality operator across multiple properties.
The expansion follows a successful period of continuous live operations, where MBody AI demonstrated consistent, measurable performance in high-traffic, real-world environments. The operator’s decision to scale from pilot to multi-property deployment was driven by observed results in its own facilities.
The current deployment represents less than 10% of the operator’s total national footprint, with expansion driven by demonstrated performance and additional milestones. With dozens of facilities nationwide, the relationship represents a significant long-term opportunity as deployment expands across the portfolio.
The current agreement includes autonomous floor care operations, with the Company’s platform positioned to expand into additional service categories including outdoor cleaning, facility services, food and beverage delivery, and broader operational automation.
MBody AI’s proprietary Orchestrator platform manages diverse robot fleets across sites and use cases under long-term subscription agreements. This model generates recurring revenue that compounds as deployments expand, driving increasing lifetime value per enterprise customer.
“We deploy. We do the work. We add value. The data improves operations and creates the justification to expand. This is our flywheel in action,” said John Fowler, Chief Executive Officer of MBody AI Corp. “This operator expanded based on what they measured in their own properties — not what we projected. With most of their portfolio still ahead of us, this relationship represents a meaningful long-term opportunity.”
Transaction Update
The Company also provided an update on its previously announced business combination and capital markets positioning following the change of its ticker symbol to MBAI.
The Company has received a request for supplemental information from NASDAQ. This is an expected step of the listing application process in advance of the business combination between the Company and MBody AI.
“A Fortune 500 operator choosing to scale deployment based on real-world performance is exactly the type of validation that underpins our long-term strategy,” said David Lontini, Chairman of the Board and Interim Chief Executive Officer. “We are seeing clear evidence that MBody AI’s platform delivers measurable value in live environments, and that is what drives expansion. I also want to thank the Check-Cap team for their continued efforts to drive towards completing our proposed business combination with MBody AI as we work through the NASDAQ new listing application process.”
