Check-Cap Regains Nasdaq Equity Compliance, Averting Delisting Threat

summarizeSummary

Check-Cap Ltd. announced it believes it has regained compliance with Nasdaq's minimum stockholders' equity rule by reinstating a loan receivable, addressing a previously disclosed delisting threat.

check_boxKey Events

• Regains Nasdaq Compliance

  Check-Cap Ltd. believes it now meets the Nasdaq Listing Rule 5550(b)(1) requirement of maintaining a minimum of $2,500,000 in stockholders' equity.

• Reinstatement of Loan Receivable

  The company achieved compliance by reinstating the recoverable portion of a loan receivable from Apollo Technology Capital Corporation, based on new information and valuation analysis.

• Addresses Delisting Threat

  This action resolves the deficiency letter received on September 3, 2025, which had notified the company of non-compliance with the equity rule.

• Ongoing Monitoring by Nasdaq

  Nasdaq will continue to monitor the company's compliance, with potential delisting if non-compliant at the time of its next periodic report.

auto_awesomeAnalysis

This 6-K filing provides a critical update on Check-Cap Ltd.'s Nasdaq listing status. The company's assertion of regaining compliance with the minimum stockholders' equity rule, following the reinstatement of a significant loan receivable, is a highly positive development. This move directly addresses the delisting threat previously disclosed in September 2025, removing an immediate overhang on the stock. While Nasdaq will continue to monitor the company's compliance, this filing indicates a proactive step to maintain its listing, which is crucial for investor confidence and access to capital for this micro-cap entity. Investors should monitor the company's next periodic report for confirmation of sustained compliance.