US stock futures steady with China trade talks, Q3 earnings in focus
Check-Cap Ltd. (NASDAQ:CHEK) reported several business updates Thursday, including regaining compliance with Nasdaq’s minimum bid price requirement and the postponement of its Annual General Meeting of Shareholders. The information was disclosed in a press release statement and filed with the Securities and Exchange Commission. According to InvestingPro data, the company maintains a "GOOD" overall financial health score of 2.62, suggesting stable operational fundamentals.
Following the announcement of its Agreement and Plan of Merger with MBody AI, Check-Cap stated it experienced a share price increase of more than 300% and trading volumes in the hundreds of millions of dollars, making it one of the most active movers on the Nasdaq in recent days. Currently trading at $28.29, the stock has moved significantly from its 52-week low of $19.99, though it remains below its high of $46.53. The company also reported strong institutional interest, with numerous investors and investment banks expressing interest in supporting the combined company’s growth strategy.
Check-Cap received confirmation from Nasdaq on September 29 that it had regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2), after its ordinary shares closed at $1.00 or greater for ten consecutive trading days. This followed a deficiency letter received in April regarding the same rule. The company also reported that its stockholders’ equity, based on unaudited financial statements for the six months ended June 30, 2025, significantly exceeds $2.5 million, which is above the minimum required under Nasdaq Listing Rule 5550(b)(1). Formal confirmation from Nasdaq regarding compliance with the equity rule is pending.
In response to increased market activity and investor interest, Check-Cap’s board is evaluating potential financing opportunities to strengthen its capital position. The company clarified that no securities are being offered under the current filing and that any future financing would comply with applicable regulations.
Check-Cap also announced the rescheduling of its Annual General Meeting of Shareholders, originally set for Friday, to allow additional time for evaluating financing options and due to logistical impacts from the recent U.S. government shutdown. The company stated it will announce the new date, time, and record date for the meeting in a future filing.
All information is based on a press release statement filed with the SEC.
In other recent news, Coca-Cola Europacific Partners has been actively engaging in a series of share repurchases across various trading venues. The company completed the third tranche of its buyback program ahead of schedule, acquiring 1,794,369 ordinary shares for approximately €137.9 million. This phase was concluded with the purchase of 40,189 shares on US trading venues, with all repurchased shares set to be canceled. Additionally, Coca-Cola Europacific Partners continued its buyback efforts, purchasing shares on multiple days across both US and London trading venues. The company confirmed transactions involving between 73,917 and 75,223 shares on US venues and between 31,640 and 34,000 shares on London venues over recent weeks. This ongoing buyback initiative is part of the company’s broader financial strategy. Meanwhile, Zooz Strategy Ltd., previously known as Zooz Power Ltd., announced its upcoming annual general meeting scheduled for November 21, 2025, in Israel. The company plans to distribute proxy materials to shareholders starting October 27.
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