Humanoid Global Announces MBody AI’s Advancements in Commercial Expansion and Proposed Business Combination with Check-Cap


This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information in this news release includes, but is not limited to, statements regarding: the potential expansion of MBody AI’s deployment with a Fortune 500 gaming and hospitality operator into additional properties and service categories; the expected completion of the proposed business combination between MBody AI and Check-Cap, including Nasdaq approval and commencement of trading; MBody AI’s planned launches in California, Florida and Ontario; the anticipated results of MBody AI’s Canadian pilot program; and MBody AI’s ability to support and coordinate robotic operations across new markets and use cases. Forward-looking information is based on certain assumptions made by the Company and/or MBody AI at the time such information was provided, including that: the Fortune 500 operator will continue to expand its deployment of MBody AI’s platform; the proposed business combination with Check-Cap will receive Nasdaq approval and satisfy all remaining closing conditions on a timely basis; MBody AI’s planned geographic expansion will proceed as anticipated; market conditions and demand for service robotics and AI orchestration technology will remain favorable; and MBody AI will have sufficient resources to pursue the opportunities described herein. The Company holds an equity interest in MBody AI and accordingly has a financial interest in MBody AI’s success; readers should consider this interest when evaluating the forward-looking information contained herein. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking information, including but not limited to: the risk that the proposed business combination with Check-Cap may not be completed or may be delayed, including the risk that Nasdaq approval may not be obtained; the risk that the Fortune 500 operator may not expand its deployment beyond the current footprint; the risk that planned launches in new states and in Canada may not proceed as anticipated or may not achieve expected results; the early-stage nature of MBody AI’s business and technology; the Company’s reliance on the performance of its portfolio companies, including MBody AI, in which the Company holds an equity interest; competition in the robotics and AI sectors; changes in applicable laws or regulations; general business, economic, and market conditions; and other risks described in the Company’s public filings available on SEDAR+ at www.sedarplus.ca. All forward-looking information in this news release is qualified in its entirety by this cautionary statement and speaks only as of the date hereof. The Company does not undertake any obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Readers are cautioned not to place undue reliance on forward-looking information.



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