The Reverse Share Split is a proactive, shareholder-approved step taken in preparation for the closing of the proposed Merger and the combined company’s initial listing application with Nasdaq. Currently, the Company is in compliance with all applicable Nasdaq continued listing standards. Completing the Reverse Share Split ahead of closing of the Merger positions the combined company to satisfy the $4.00 minimum bid price standard that applies to its initial listing application with Nasdaq. The proposed Merger remains on track to close in the third quarter of 2026, subject to final Nasdaq approval and the satisfaction of the remaining customary closing conditions, none of which is assured.

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 13, 2026. The new CUSIP number for the Company’s ordinary shares following the Reverse Share Split will be M6S83C106.  
  
The Reverse Share Split will adjust the number of issued and outstanding ordinary shares from approximately 9,463,062 shares to approximately 1,351,866 shares. Every seven (7) issued and outstanding ordinary shares of the Company as of the effective time of the Reverse Share Split will be consolidated into one (1) ordinary share.

No fractional shares will be issued in connection with the Reverse Share Split. All fractional shares will be rounded up to the nearest whole ordinary share. Equiniti Trust Company, LLC is acting as transfer and exchange agent for the Reverse Share Split. Registered shareholders are not required to take any action to receive post-Reverse Share Split shares. Shareholders who are holding their shares in electronic form at brokerage firms need not take any action as the effect of the Reverse Share Split will automatically be reflected in their brokerage accounts.

Additional information about the Reverse Share Split can be found in the Company’s Reports on Form 6-K filed with the Securities and Exchange Commission (the “SEC”) on September 12, 2025, November 4, 2025, November 17, 2025, and August 10, 2026, which are available free of charge at the SEC’s website, www.sec.gov.

About Check-Cap Ltd.

Check-Cap Ltd. (NASDAQ: MBAI) is a technology company executing a strategic transformation through its shareholder-approved merger with MBody AI. Upon completion, Check-Cap expects to become a publicly traded leader in embodied artificial intelligence, delivering enterprise-grade AI orchestration for robotic systems across hospitality, gaming, commercial real estate, healthcare, and data center operations.

No Offer or Solicitation

This press release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A registration statement relating to securities of the Company has been filed with the SEC but has not yet become effective. The securities covered by that registration statement may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. Neither the SEC nor any state securities commission has approved or disapproved of such securities or passed upon the accuracy or adequacy of the registration statement.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “expect,” “intend,” “plan,” “anticipate,” “believe,” “will,” and similar expressions. These statements include, but are not limited to, statements regarding the effectuation of the Reverse Share Split and the timeline of the proposed Merger. These forward-looking statements are based on the Company’s current intentions, beliefs, and expectations regarding future events. Actual results may differ materially due to risks and uncertainties including, but not limited to, the ability to complete the merger with MBody AI on the anticipated timeline or at all, integration risks, customer concentration risks, market conditions, the risk that MBody AI’s provisional patent application may not mature into an issued or enforceable patent, the Company’s ability to satisfy the eligibility requirements for Form F-3 (including the baby shelf instructions) and limitations on the amount of securities that may be sold thereunder, and other factors described in the Company’s filings with the SEC. The Company undertakes no obligation to update forward-looking statements except as required by law.

Investor Relations Contact and Media Contact

Investor Relations:
Lytham Partners, LLC
602-889-9700
ir@mbody.ai 

Media Contact:
Core IR
ir@mbody.ai 

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. TheTechOutlook.com takes no editorial responsibility for the same.

The post Check-Cap Advances MBody AI Merger; Reverse Share Split appeared first on The Tech Outlook.

Trifork subsidiary Nine to maintain and further develop Denmark’s digital admissions platform for higher education

Copenhagen Denmark, 11 August 2026

Nine has been awarded a four-year contract with an estimated value of DKK 50 million (approximately EUR 6.7 million) by the Danish Agency for Higher Education and Science. Under the contract, Nine will maintain and further develop Den Koordinerede Tilmelding (“Coordinated Admissions”), the digital platform supporting admissions to higher education programs in Denmark.

Nine will assume responsibility for the application, while the Danish Agency for Higher Education and Science will continue to manage the technical operations of the platform.

The first major milestone will be the Quota 2 application deadline in March 2027, marking the first application round on the platform with Nine as the responsible application provider.

Each year, the application handles approximately 85,000 applicants and 229,000 applications across 940 programmes offered by 30 higher education institutions.

“KOT Optagelse supports a vital and highly complex process that affects more than 80,000 prospective students every year. We are therefore both proud of the trust placed in us and fully aware of the responsibility that comes with the assignment. Our first priority is to ensure a smooth transition and establish a stable foundation for the next admissions round,” says Jacob Strange, Chief Executive Officer of Nine.

As part of the contract, Nine will also contribute to the continuous optimization of the solution and carry out minor changes and further development activities in close collaboration with the Danish Agency for Higher Education and Science.

Image: Nine CEO, Jacob Strange
https://trifork.com/wp-content/uploads/2026/08/Jacob-Strange-Nine-CEO-Founder.png

About Nine A/S
Nine A/S is a Danish technology consultancy and part of the Trifork Group. The company develops and maintains business-critical digital solutions for public authorities and regulated organizations in Denmark. Nine provides expertise within software development, IT architecture, modernization and application management, helping customers create secure, reliable and user-friendly public services. Learn more at nine.dk.

About Trifork Group
Trifork (Nasdaq Copenhagen: TRIFOR) is a global technology company specializing in designing, building, and operating advanced software for enterprise and public sector customers. With 1,102 FTEs across 16 countries, Trifork serves as an end-to-end technology partner to organizations in complex and regulated industries, including public administration, healthcare, financial services, energy, and aviation.
Learn more at trifork.com.

Contact
Malthe Kringelbach Iversen, CMO
mki@trifork.com +45 31 53 65 79

Attachment

• Press release Trifork subsidiary Nine to maintain and further develop Denmark’s digital admissions platform for higher education

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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.  
  
The Reverse Share Split will adjust the number of issued and outstanding ordinary shares from approximately 9,463,062 shares to approximately 1,351,866 shares. Every seven (7) issued and outstanding ordinary shares of the Company as of the effective time of the Reverse Share Split will be consolidated into one (1) ordinary share.

No fractional shares will be issued in connection with the Reverse Share Split. All fractional shares will be rounded up to the nearest whole ordinary share. Equiniti Trust Company, LLC is acting as transfer and exchange agent for the Reverse Share Split. Registered shareholders are not required to take any action to receive post-Reverse Share Split shares. Shareholders who are holding their shares in electronic form at brokerage firms need not take any action as the effect of the Reverse Share Split will automatically be reflected in their brokerage accounts.

Additional information about the Reverse Share Split can be found in the Company’s Reports on Form 6-K filed with the Securities and Exchange Commission (the “SEC”) on September 12, 2025, November 4, 2025, and November 17, 2025, which are available free of charge at the SEC’s website, www.sec.gov.

About Check-Cap Ltd.

Check-Cap Ltd. (NASDAQ: MBAI) is a technology company executing a strategic transformation through its shareholder-approved merger with MBody AI. Upon completion, Check-Cap expects to become a publicly traded leader in embodied artificial intelligence, delivering enterprise-grade AI orchestration for robotic systems across hospitality, gaming, commercial real estate, healthcare, and data center operations.

No Offer or Solicitation

This press release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A registration statement relating to securities of the Company has been filed with the SEC but has not yet become effective. The securities covered by that registration statement may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. Neither the SEC nor any state securities commission has approved or disapproved of such securities or passed upon the accuracy or adequacy of the registration statement.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “expect,” “intend,” “plan,” “anticipate,” “believe,” “will,” and similar expressions. These statements include, but are not limited to, statements regarding the effectuation of the Reverse Share Split. These forward-looking statements are based on the Company’s current intentions, beliefs, and expectations regarding future events. Actual results may differ materially due to risks and uncertainties including, but not limited to, the ability to complete the merger with MBody AI on the anticipated timeline or at all, integration risks, customer concentration risks, market conditions, the risk that MBody AI’s provisional patent application may not mature into an issued or enforceable patent, the Company’s ability to satisfy the eligibility requirements for Form F-3 (including the baby shelf instructions) and limitations on the amount of securities that may be sold thereunder, and other factors described in the Company’s filings with the SEC. The Company undertakes no obligation to update forward-looking statements except as required by law.
Investor Relations Contact and Media Contact

Investor Relations:
Lytham Partners, LLC
602-889-9700
ir@mbody.ai

Media Contact:
Core IR
ir@mbody.ai

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. TheTechOutlook.com takes no editorial responsibility for the same.

The post Check-Cap Announces Reverse Share Split appeared first on The Tech Outlook.

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.  
  
The Reverse Share Split will adjust the number of issued and outstanding ordinary shares from approximately 9,463,062 shares to approximately 1,351,866 shares. Every seven (7) issued and outstanding ordinary shares of the Company as of the effective time of the Reverse Share Split will be consolidated into one (1) ordinary share.

No fractional shares will be issued in connection with the Reverse Share Split. All fractional shares will be rounded up to the nearest whole ordinary share. Equiniti Trust Company, LLC is acting as transfer and exchange agent for the Reverse Share Split. Registered shareholders are not required to take any action to receive post-Reverse Share Split shares. Shareholders who are holding their shares in electronic form at brokerage firms need not take any action as the effect of the Reverse Share Split will automatically be reflected in their brokerage accounts.

Additional information about the Reverse Share Split can be found in the Company’s Reports on Form 6-K filed with the Securities and Exchange Commission (the “SEC”) on September 12, 2025, November 4, 2025, and November 17, 2025, which are available free of charge at the SEC’s website, www.sec.gov.

About Check-Cap Ltd.

Check-Cap Ltd. (NASDAQ: MBAI) is a technology company executing a strategic transformation through its shareholder-approved merger with MBody AI. Upon completion, Check-Cap expects to become a publicly traded leader in embodied artificial intelligence, delivering enterprise-grade AI orchestration for robotic systems across hospitality, gaming, commercial real estate, healthcare, and data center operations.

No Offer or Solicitation

This press release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A registration statement relating to securities of the Company has been filed with the SEC but has not yet become effective. The securities covered by that registration statement may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. Neither the SEC nor any state securities commission has approved or disapproved of such securities or passed upon the accuracy or adequacy of the registration statement.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “expect,” “intend,” “plan,” “anticipate,” “believe,” “will,” and similar expressions. These statements include, but are not limited to, statements regarding the effectuation of the Reverse Share Split. These forward-looking statements are based on the Company’s current intentions, beliefs, and expectations regarding future events. Actual results may differ materially due to risks and uncertainties including, but not limited to, the ability to complete the merger with MBody AI on the anticipated timeline or at all, integration risks, customer concentration risks, market conditions, the risk that MBody AI’s provisional patent application may not mature into an issued or enforceable patent, the Company’s ability to satisfy the eligibility requirements for Form F-3 (including the baby shelf instructions) and limitations on the amount of securities that may be sold thereunder, and other factors described in the Company’s filings with the SEC. The Company undertakes no obligation to update forward-looking statements except as required by law.
Investor Relations Contact and Media Contact

Investor Relations:
Lytham Partners, LLC
602-889-9700
ir@mbody.ai

Media Contact:
Core IR
ir@mbody.ai

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. TheTechOutlook.com takes no editorial responsibility for the same.

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JACKSONVILLE, Fla., Aug. 06, 2026 (GLOBE NEWSWIRE) — Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), a leading provider of adaptive, modular, and scalable Edge Data Center solutions, today announced that it has completed the sale of its wholly owned rail technology subsidiary, Duos Technologies, Inc. (“DTI”), to Sandbank Acosta, LLC, a Florida limited liability company. Effective with the closing, DTI operates as an independent, privately held company under the DuosTI brand, led by newly appointed President Javier Acosta.

The transaction, which closed on August 5^th, 2026 with effect as of June 30^th, 2026, returns Duos’ original operating business to private ownership as a focused railroad technology enterprise. DTI is a pioneer in machine vision and artificial intelligence-based inspection of moving trains and operates the largest installed base of Railcar Inspection Portals (RIP®) in North America, serving major carriers across the United States, Canada and Mexico. The Company believes DTI holds an extensive patent portfolio covering wayside scanning and AI defect detection and maintains the largest image database of railcar components in the world.

“DTI built the technology that put Duos on the map, and its Railcar Inspection Portals remain the standard for AI-driven train inspection in North America,” said Doug Recker, Chief Executive Officer of the Company. “This transaction completes the strategic repositioning we announced earlier this year, placing the rail business with owners who are singularly focused on its growth while allowing Duos to dedicate its full capital and management attention to scaling our Edge Data Center and AI infrastructure platforms. We wish Javier and the DuosTI team every success and look forward to supporting a smooth transition.”

“I had the privilege of leading the commercialization and field deployment of the Railcar Inspection Portal across the United States, Canada and Mexico, and I am honored to return to lead this exceptional team into its next chapter,” said Javier Acosta, President of DTI. “As DuosTI, we return to our roots as a focused railroad technology company. With the largest installed base of inspection portals in North America, a deep patent portfolio and an unmatched image database, we are well positioned to expand the reach of our inspection services for our railroad customers and the broader industry.”

In connection with the closing, Adrian Goldfarb, the Company’s interim Chief Financial Officer, has stepped down as President of DTI, a role he had held since March 2026 to oversee the business and the divestiture process, with Mr. Acosta assuming the office of President. Mr. Goldfarb holds a 50% membership interest in Sandbank Acosta, LLC, and the sale was accordingly reviewed and approved by the Company’s Board of Directors as a related-party transaction, supported by an independent fairness opinion process undertaken in the second quarter of 2026.

The divestiture completes the strategic repositioning announced by Duos in March 2026 and enables the Company to concentrate its resources on its Edge Data Center and AI infrastructure businesses through Duos Edge AI, Inc. and Duos Technology Solutions, Inc. Duos will provide certain transition services to DTI for a period following the closing to support continuity for DTI’s customers and employees.

For additional information about the Company, please visit: www.duostechnologies.com | www.duosedge.ai.

About Duos Technologies Group, Inc.
Duos Technologies Group, Inc. (Nasdaq: DUOT), based in Jacksonville, Florida, is focused on providing and managing modular data center colocation facilities and infrastructure solutions. Through its wholly owned subsidiaries Duos Edge AI, Inc., and Duos Technology Solutions, Inc. the Company delivers high function computing infrastructure at the “Edge” designed to support high power computing facilities suitable for AI and Enterprise Computing. Duos is strategically focused on scaling its edge data center platforms in conjunction with its data center infrastructure solutions business. It provides manufacturer-agnostic sourcing, and fulfillment services to support efficient deployment of data centers and IT environments. Together, these platforms position the Company to address the growing demand for distributed digital infrastructure, while continuing to support legacy applications in Tier 3 and Tier 4 markets.

For more information, visit www.duostech.com and www.duosedge.ai.

Forward-Looking Statements
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies and prospects — both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as “believe,” “expect,” “anticipate,” “should,” “planned,” “will,” “may,” “intend,” “estimated” and “potential,” among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. All forward-looking statements attributable to Duos Technologies Group, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

Contacts
Investor Relations
Tom Colton & Greg Bradbury
Gateway Group, Inc.
+1 949-574-3860 | DUOT@duostech.com

This press release was published by a CLEAR® Verified individual.

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Cloud platforms and baseline infrastructure tools drive employer demand across more than 850,000 listings.

Vilnius, Lithuania, August 6, 2026. – As American tech employers balance AI-driven restructuring with hiring shifts, making sense of the job market requires looking directly at large-scale data from the open web. 

A new analysis by Oxylabs, a web intelligence company, leveraged public job listings to cut through online hype and reveal what skills U.S. employers actually request.

The analysis of around 850,000 U.S. tech job postings published between January 2025 and March 2026 found that cloud platforms and foundational tools dominate hiring requirements. 

Amazon Web Services (AWS) appears in 30% of all postings. It is followed by Microsoft Azure (24%), Git (21%), Excel (15%), Google Cloud Platform or GCP (14%), Kubernetes (14%), Docker (13%), Power BI (9%), Terraform (8%), and Tableau (7%).  

Nearly 42% of all analyzed postings required knowledge of at least one major cloud platform. AWS and Azure also emerged as the most co-mentioned duo, appearing together in 15% of job descriptions. 

The report highlights a market heavily weighted toward infrastructure, with cloud platforms accounting for 47% of all tool mentions, followed by DevOps tooling at 30% and business intelligence at 18%.

“The picture we saw after analyzing close to a million job postings largely confirms what experienced developers would guess – cloud, infrastructure, and data skills are in high demand. Where it gets more interesting is in the proportions: cloud platforms and DevOps tooling dominate job ads even more heavily than survey-based rankings suggest, while some high-visibility skills (the ones trending on X or headlining conference talks) appear less often than you might think,” said Andrius Kūkšta, Tech Lead at Oxylabs.

Data Infrastructure Beats Online Hype

Despite ongoing tech layoffs, hiring activity rose sharply earlier this year, with the first quarter of 2026 accounting for 39% of all listings in the dataset – 3.7 times more activity than the same period a year earlier.

Software engineering roles represented the largest share of posting volume at 38%, followed by Data Science and AI/ML at 14%, Tech and Engineering Management at 14%, and DevOps and Cloud roles at 12%. 

The distribution of tool requirements across function categories reveals a market that is heavily weighted toward infrastructure and deployment, with more specialized data and analytics skills concentrated in narrower segments of the workforce.

Looking at the five broad tool categories analyzed, Data Storage and Infrastructure tools – primarily cloud platforms like AWS, Azure, and GCP – account for 47% of all tool mentions across tech job postings. DevOps and Developer Experience tools, led by Git and including Docker, Kubernetes, and Terraform, represent 30%. 

Business Intelligence and Analytics tools – Power BI, Tableau, and Looker – account for 18%. Data Ingestion and Transformation tools such as dbt, Fivetran, Kafka, and Airbyte make up just 4%, while Orchestration and Observability tools like Airflow represent 1%.

“Chasing the most ‘advanced’ or talked-about tools without building cloud fundamentals first is a risky strategy. The data suggests professionals should first identify their target role category, then master the toolset specific to that path,” said Kūkšta.

Regional Patterns and Industry Demand

Geographically, California led total posting volume at 13%, followed by Texas at 8% and New York at 5%. However, Virginia stood out by posting nearly three times as many tech jobs per capita as the national average, driven by its massive concentration of data centers serving major cloud providers.

While AWS was the top-requested cloud platform across the majority of states, Azure took the lead across a specific cluster of Upper Midwest and Southern states, including Minnesota, Indiana, and Tennessee, reflecting regional enterprise ties in manufacturing and healthcare.

Outside of the core tech sector, which generated 45% of all listings, professional services accounted for 17% of hiring demand, followed by finance and manufacturing at 8% each. Media and entertainment also emerged as an active recruiter for cloud-native talent, relying heavily on AWS and Git for digital production pipelines.

The full research report is available here. 

PR Contact 
Zivile Kasparaviciute 
Senior PR Manager at Oxylabs

About the Expert 
Andrius Kūkšta is a Tech Lead in the R&D team at Oxylabs. Over more than eight years there, he has progressed through roles including Analyst, Software Engineer, ML Engineer, Data Engineer, and R&D Engineer. He has contributed to several core products and is the author or co-author of five patents based on Oxylabs technologies. His work focuses on the latest AI and emerging technologies, translating trends into practical solutions. Outside of work, he is involved in sports analytics for the basketball club Žalgiris Kaunas.

About the Oxylabs Research Team
Oxylabs Research is the research and storytelling team at Oxylabs. We use ethical, compliant Oxylabs scraping tools to collect only publicly available web data – never private, paywalled, or personal data – and turn it into clear, timely insights that help everyone make sense of a fast‑changing technological, economic, and social reality. Our work is designed to support original reporting and analysis by journalists and to serve the broader public good. If you’re working on a story or investigation and need reliable web data to back it up, get in touch at press@oxylabs.io. 

About Oxylabs
Established in 2015, Oxylabs is a web intelligence platform and premium proxy provider, enabling companies of all sizes to utilize the power of big data. Constant innovation, an extensive patent portfolio, and a focus on ethics have allowed Oxylabs to become a global leader in the web intelligence collection industry and forge close ties with dozens of Fortune Global 500 companies. Oxylabs was named Europe’s fastest-growing web intelligence acquisition company in the Financial Times FT 1000 list for several consecutive years. For more information, please visit: https://oxylabs.io/ 

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. TheTechOutlook.com takes no editorial responsibility for the same.

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Concurrently, SecureTech has completed a restatement correcting two balance-sheet classification items in prior filings; the corrections do not affect previously reported revenue or cash position

ROSEVILLE, MN, Aug. 05, 2026 (GLOBE NEWSWIRE) — SecureTech Innovations, Inc. (OTCQB: SCTH), a diversified technology holding company advancing artificial intelligence initiatives, industrial 3D printing and manufacturing technologies, and blockchain-based digital infrastructure and assets, today announced two related developments: the engagement of Marcum Asia CPAs LLP (“Marcum Asia”) as its new independent registered public accounting firm and the completion of a restatement correcting two balance-sheet classification items in its prior financial statements. SecureTech expects this engagement to mark the beginning of a long-term relationship with Marcum Asia as the Company continues to grow and enter new markets.

Marcum Asia Engagement

Effective July 31, 2026, Marcum Asia succeeds Gary Cheng CPA Limited (“GCCPA”) as SecureTech’s independent auditor. Marcum Asia will conduct quarterly reviews for the periods ended June 30, 2026 and ending September 30, 2026, followed by the audit of SecureTech’s fiscal year 2026 financial statements.

As SecureTech scales its U.S. operations alongside its established business in Hong Kong and mainland China (through its subsidiary AI UltraProd), the Company sought an auditor with strong U.S.-based capacity to support both. Marcum Asia’s track record with cross-border, U.S.-listed companies made it a natural fit for this next phase, and SecureTech views the engagement as the start of a long-term relationship.

GCCPA served as SecureTech’s auditor through a period of substantial growth for the Company and was re-engaged on a limited-scope basis to complete the re-audit and interim reviews tied to the restatement described below, which is now finished. SecureTech thanks GCCPA for its work and for its continued cooperation in making work papers available to Marcum Asia to support a smooth transition.

Restatement

Concurrently with the engagement of Marcum Asia, SecureTech will be filing a Current Report on Form 8-K disclosing two classification corrections to its financial statements for fiscal year 2025 and the interim periods ended June 30, 2025, September 30, 2025, and March 31, 2026:

• A redeemable non-controlling interest in one subsidiary has been reclassified from permanent equity to mezzanine equity, with related accretion.

• Certain accounts receivable have been reclassified from current to non-current assets.

Both are presentation matters — reclassifications on the balance sheet — and do not change the Company’s previously reported revenue or cash position. SecureTech identified both issues through its own internal review process, and has already filed the corrected reports: Amendment No. 1 to its Form 10-K for fiscal year 2025, and amended Form 10-Qs for each affected quarter. These filings can be viewed on SEC.gov.

SecureTech is treating this process as a proof point for its financial reporting discipline: internal controls caught the issues, the Company corrected them without prompting, and it is now moving to a larger, U.S.-based audit firm as it prepares to scale its operations in the U.S. This builds on SecureTech’s recent nomination of three independent directors to form a fully independent Audit Committee upon SecureTech’s planned Nasdaq listing.

J. Scott Sitra, SecureTech’s President and CEO, stated: “Engaging a U.S.-based PCAOB-registered firm of Marcum Asia’s caliber is an important step as we build toward our planned Nasdaq listing and strengthen our financial reporting across a growing, multinational operating footprint. Equally important, we are committed to getting our financial reporting right and to being fully transparent with our shareholders. We identified these classification matters internally and corrected them — that’s the standard we’re holding ourselves to. We are grateful to Gary Cheng CPA Limited for their continued cooperation, and we look forward to a productive, long-term relationship with the Marcum Asia team as SecureTech enters its next phase of rapid growth.”

About SecureTech Innovations

SecureTech Innovations, Inc. (OTCQB: SCTH) is a diversified technology holding company whose subsidiaries operate across artificial intelligence-driven manufacturing, blockchain-based digital infrastructure and cybersecurity, and patented vehicle security systems. Its portfolio companies include AI UltraProd, which develops AI-powered industrial 3D manufacturing solutions; Piranha Blockchain, which focuses on Web3 security architecture, digital asset infrastructure, and cybersecurity systems; and Top Kontrol, which holds patented vehicle anti-theft and anti-carjacking technology. SecureTech’s mission is to deliver practical, transformative technologies that improve safety, automation, and digital resilience across multiple industries.

For further information, visit our websites:
securetechinnovations.com | aiultraprod.com | piranhablockchain.com | topkontrol.com

Disclaimer & Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts and may include, but are not limited to, statements regarding SecureTech’s plans to seek listing on the Nasdaq Capital Market, AI UltraProd’s planned U.S. projects and anticipated contribution of U.S. operations to consolidated results, SecureTech’s expectations regarding its relationship with Marcum Asia, and SecureTech’s business and strategic outlook. These statements are often identified by words such as “believes,” “estimates,” “anticipates,” “expects,” “plans,” “projects,” “intends,” “potential,” “may,” “could,” “might,” “will,” “should,” “approximately,” and similar expressions. Forward-looking statements involve known and unknown risks and uncertainties that could cause actual results, events, or circumstances to differ materially from those expressed or implied, including the risk that SecureTech’s Nasdaq listing application may not be approved, that required regulatory approvals may not be obtained, that anticipated U.S. operations may be delayed or may not materialize as expected, that SecureTech’s relationship with Marcum Asia may not continue as currently anticipated, and other risks described in SecureTech’s filings with the Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of SecureTech’s most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. SecureTech’s SEC filings are available at www.sec.gov. SecureTech undertakes no obligation to update any forward-looking statement to reflect new information, future events, or otherwise, except as required by applicable law.

###

Media Contact

SecureTech Innovations, Inc.
Email: ir@securetechinnovations.com
Phone: (651) 317-8990
Website: www.securetechinnovations.com

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ISFIYA, Israel and LAS VEGAS, Aug. 05, 2026 (GLOBE NEWSWIRE) — Check-Cap Ltd. (“Check-Cap” or the “Company”) (NASDAQ: MBAI) today updated the expected closing timeline for its proposed business combination with MBody AI Corp. (“MBody AI”), projecting completion in the third quarter of 2026. This updates the Company’s previously announced expectation of a closing in the second half of 2026. The Company publicly filed its registration statement on Form F-1 with the U.S. Securities and Exchange Commission (the “SEC”) on July 24, 2026, and has responded to all comments received from the SEC staff. Closing remains subject to final approval by Nasdaq and the satisfaction of the remaining customary closing conditions, none of which can be assured.

Transaction Progress to Date

The following steps have been completed and are reflected in the Company’s public filings:

• Shareholder approval: the merger has been approved by the shareholders of both Check-Cap and MBody AI.
• Annual report: Check-Cap filed its Annual Report on Form 20-F for the year ended December 31, 2025 on April 27, 2026.
• MBody AI financial statements: MBody AI’s audited financial statements for the year ended December 31, 2025 were furnished on Form 6-K on May 12, 2026, and updated financial statements were furnished on Form 6-K/A on June 24, 2026.
• Registration statement: the Company’s registration statement on Form F-1 was publicly filed with the SEC on July 24, 2026 and is available at www.sec.gov.
• SEC staff comments: the Company has responded to all comments received from the SEC staff on its Annual Report on Form 20-F and on the Form F-1.
• Nasdaq listing application: Check-Cap submitted its initial listing application on February 24, 2026. As previously reported on April 30, 2026, Nasdaq completed its initial review of the application and the Company responded to all questions in the Supplemental Information Request Form.
• Closing conditions: the parties have satisfied substantially all of the closing conditions within their respective control.

Steps Remaining

Completion of the merger and the commencement of trading remain subject to the effectiveness of the Form F-1, final approval of the Company’s initial listing application by Nasdaq including satisfaction of all initial listing requirements, and the satisfaction of the remaining customary closing conditions. None of these matters can be assured.

Based on the status of these matters, the Company now expects the merger to close in the next eight weeks, before the end of the third quarter of 2026. Upon completion, the combined company is expected to continue trading on Nasdaq under the ticker symbol “MBAI.”

“Shareholders have asked about the status of this transaction, and the answer is in the public filings: the Form F-1 has been submitted and is available for review. We have responded to every comment we have received, and our listing application has been through Nasdaq’s initial review,” said David Lontini, Chairman and Interim Chief Executive Officer of Check-Cap Ltd. “We now expect to close in the next eight weeks, subject to the approvals that remain outstanding.”

“Throughout this process, we’ve stayed focused on building the business. We have continued signing customers, deploying robots and preparing MBody AI to operate as a public company from day one,” said John Fowler, Chief Executive Officer of MBody AI. “When this transaction closes, shareholders will own an operating business with commercial operations already underway.”

Additional investor information is available at ir.mbody.ai

About Check-Cap Ltd.

Check-Cap Ltd. (NASDAQ: MBAI) is a technology company executing a strategic transformation through its shareholder-approved merger with MBody AI Corp. Upon completion, Check-Cap expects to become a publicly traded provider of embodied artificial intelligence, delivering enterprise-grade AI orchestration for robotic systems across hospitality, gaming, and commercial real estate operations. The merger is targeted to close in the third quarter of 2026, subject to customary closing conditions.

About MBody AI Corp.

MBody AI Corp. is a hardware-agnostic enterprise robotics platform that deploys and manages autonomous robot workforces for hospitality, gaming, and commercial real estate operators. The company’s proprietary MBody AI Orchestrator^™ manages diverse robot fleets across sites and use cases under long-term subscription agreements. MBody AI counts leading Fortune 500 operators among its customers. For more information, visit www.mbody.ai.

No Offer or Solicitation

This press release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A registration statement relating to securities of the Company has been filed with the SEC but has not yet become effective. The securities covered by that registration statement may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. Neither the SEC nor any state securities commission has approved or disapproved of such securities or passed upon the accuracy or adequacy of the registration statement.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements made in graphics, images, headlines, and other visual elements of this release, including any references or imagery suggesting a future Nasdaq listing. All statements other than statements of historical fact are forward-looking statements, which include, among others, statements regarding the completion and timing of the merger with MBody AI, including the Company’s expectation that the merger will close in the third quarter of 2026; the expected timing of effectiveness of the Company’s registration statement on Form F-1; the completion, timing, and outcome of the SEC staff’s review processes; the status and outcome of the Company’s Nasdaq initial listing application; the anticipated Nasdaq listing and commencement of trading; the determination, ratio, timing, and implementation of any reverse share split and the Company’s ability to satisfy Nasdaq’s minimum bid price requirement; the Company’s ability to maintain continued compliance with Nasdaq listing requirements; the expected benefits of the merger; and the future operations and positioning of the combined company. These forward-looking statements are based on the Company’s current intentions, beliefs, and expectations regarding future events. Actual results may differ materially due to risks and uncertainties including, but not limited to, the satisfaction of closing conditions; the ability to complete the merger on the anticipated timeline or at all; the risk that the Form F-1 does not become effective on the anticipated timeline or at all; the risk that the SEC staff issues additional comments or requires additional amendments; the ability to receive Nasdaq approval, satisfy all initial listing requirements, and commence trading, none of which is assured; the risk that a reverse share split is not implemented, or is implemented at a ratio or on a timeline that does not achieve the intended result; market conditions; and other factors described in the Company’s filings with the U.S. Securities and Exchange Commission. There can be no assurance that the merger will close in the third quarter of 2026 or at all, that the Form F-1 will become effective on the anticipated timeline or at all, or that the Company will receive Nasdaq approval or that trading will commence. The Company undertakes no obligation to update forward-looking statements except as required by law.

Quick Facts

Investor Relations Contact

Lytham Partners, LLC
602-889-9700
ir@mbody.ai

Media Contact

Core IR
ir@mbody.ai

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This appointment follows the April 20, 2026, announcement regarding the departure of President and CEO Audrey Mascarenhas and the appointment of Mike Lindsay as interim President and CEO, and the July 16, 2026, announcement regarding the subsequent formation of a Special Committee of independent directors to oversee the leadership transition and strategy refresh.

In his new role, Craig will rebuild and expand Questor’s presence in the Canadian and U.S. markets, driving revenue growth and strengthening relationships with key customers and partners.

“Questor has a clear plan to deliver value for shareholders, and Craig’s appointment is central to executing it,” said Mike Lindsay, interim President and CEO. “Craig brings the experience and focus that Questor needs right now. The Board is confident in his ability to deliver on the Company’s near- and long-term priorities as the Company’s strategy refresh process moves forward.”

“Questor has built a strong foundation in emissions control technology, and there is real commercial opportunity to be captured across North America,” said Craig Joyce, Senior Director, Sales and Business Development. “I look forward to building on that foundation, deepening existing relationships, and opening new ones as we grow the Company’s market presence.”

Independent Review of ORC Program

As part of Questor’s strategy refresh, the Company has also engaged an independent third-party consultant to complete a detailed “cold eyes” review of its integrated Organic Rankine Cycle (“ORC”) Power Generation Solution. The consultant is working with Questor team members to assess the program’s technical readiness, remaining development requirements, capital needs, market opportunity and potential returns.

The findings of the review will inform the Board’s determination, on the recommendation of the Special Committee, of whether, and on what basis, to advance the ORC program toward commercialization. No decisions have been made regarding the future of the program, and the Company will provide an update once the review is complete and its findings have been considered.

About Craig Joyce

Craig Joyce brings over 20 years of leadership experience in the North American energy sector. He is recognized for building strategic customer relationships, expanding market presence, and driving commercial growth across upstream, midstream, and industrial markets.

Prior to joining Questor, Craig served as General Manager, Americas at M-Flow Technologies, where he led business development across Western Canada and the Permian Basin, strengthening partnerships with operators, EPC firms, and distributors while advancing adoption of process measurement technologies. His career also includes senior commercial roles with Perma-Pipe Canada, Divestco, XI Technologies, and Black Diamond Group, where he consistently grew key accounts, negotiated strategic agreements with major energy producers, and delivered revenue growth through solution-based selling.

Craig’s expertise includes emissions management, production facilities, measurement technologies, pipeline infrastructure, and industrial process solutions. He is known for translating complex technical challenges into practical business outcomes and building long-term customer partnerships across the energy value chain.

Craig holds a Master of Business Administration (MBA) and a Bachelor of Kinesiology from the University of Calgary.

ABOUT QUESTOR TECHNOLOGY INC.

Questor Technology Inc., incorporated in Canada under the Business Corporations Act (Alberta), is an environmental emissions reduction technology company founded in 1994, with global operations. The Company is focused on clean air technologies that safely and cost-effectively improve air quality, support energy efficiency and greenhouse gas emission reductions. The Company designs, manufactures and services high efficiency clean combustion systems that destroy harmful pollutants, including methane, hydrogen sulfide gas, volatile organic hydrocarbons, hazardous air pollutants and BTEX (benzene, toluene, ethylbenzene and xylene) gases within waste gas streams at greater than 99.99 percent efficiency per its ISO 14034 Certification. This enables its clients to meet emission regulations, reduce greenhouse gas emissions, address community concerns and improve safety at industrial sites.

The Company also has proprietary heat-to-power generation technology and is currently targeting new markets including landfill biogas, syngas, waste engine exhaust, geothermal and solar, cement plant waste heat in addition to a wide variety of oil and gas projects. The combination of Questor’s clean combustion and power generation technologies can help clients achieve net-zero emission targets for minimal cost. The Company is also doing research and development on data solutions to deliver an integrated system that amalgamates all the emission detection data available to demonstrate a clear picture of the site’s emission profile.

The Company’s common shares are traded on the TSX Venture Exchange under the symbol “QST”. The address of the Company’s corporate and registered office is 1920, 707 – 8th Avenue S.W. Calgary, Alberta, Canada, T2P 1H5.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release contains forward-looking information and forward-looking statements within the meaning of applicable Canadian securities legislation (collectively, “forward-looking statements”). Forward-looking statements in this news release include, but are not limited to, statements regarding: the expected contributions of Mr. Joyce and the Company’s plans to rebuild and expand its presence in the Canadian and U.S. markets; the scope, conduct, timing and completion of the cold eyes review of the ORC program; the matters the review is expected to assess; the consideration of the review’s findings by the Board and the Special Committee; and the potential commercialization of the ORC program. Forward-looking statements are based on the opinions, estimates and assumptions of management as of the date such statements are made and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to differ materially from those anticipated in such forward-looking statements.

Without limiting the foregoing, there can be no assurance as to the outcome, timing or results of the cold eyes review. Following the review, the Board may determine to advance, modify, defer, suspend or not proceed with further development or commercialization of the ORC program, and no decision in that regard has been made. There can be no assurance that the review will result in the commercialization of the ORC program or that any particular outcome will be pursued or completed. Additional risk factors that could cause actual results to differ materially from those anticipated are described in the Company’s continuous disclosure documents available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

INVESTOR RELATIONS CONTACT

Aly Sumar
Chief Financial Officer
Email: investor@questortech.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Key Facts (At-a-Glance)

• The blind spot: Significant revenue loss can occur after an EHR go-live, when documentation and billing errors are most likely to happen and least likely to be detected.
• Extreme case: One large health system recovered close to $1 billion in revenue after Healthrise identified more than 400,000 patient encounters that were never closed following its EHR go-live.
• Root cause: In systems such as Epic, an encounter that is not closed never reaches coding and is never billed.
• The clinical-revenue connection: Healthrise aligns clinical documentation with the revenue cycle, so the care a provider delivers is the care the organization is paid for.
• Patient impact: Accurate documentation and coding protect patients from incorrect bills and the stress that comes with them during recovery.
• The fix: Operational readiness, provider support and at-the-elbow expertise, built into the implementation from the start.

FARMINGTON HILLS, Mich., Aug. 03, 2026 (GLOBE NEWSWIRE) — Months after a large health system completed an electronic health record (EHR) go-live, its finance team identified a major revenue shortfall it could not explain. Healthrise traced the problem to more than 400,000 patient encounters that had never been closed in the new system, leaving the associated charts unbilled. After the firm worked with physicians to close them, the organization recovered close to $1 billion in revenue and returned to stable financial footing within about two months.

The case is an extreme example of a problem that reaches hospitals of every size. As health systems operate on margins as thin as 1% to 2%, revenue routinely leaks through claims that are never submitted or are denied after submission. Much of it originates after go-live, when clinicians and staff are still adapting to a new system and it is often difficult to detect until it becomes a significant accounting event.

These losses frequently begin with incomplete documentation and unclosed encounters. In platforms such as Epic, an encounter must be formally closed before a visit moves to coding and becomes a billable claim. When that step is missed, the chart remains open and the revenue is never captured. A single open encounter has limited effect, but across thousands accumulating from the first day of go-live, the financial impact quickly compounds.

The root cause lies in the relationship between clinical work and reimbursement, which many organizations manage as separate functions. A claim depends on what happens during care. Healthrise, a healthcare consulting and technology firm, was built to connect those clinical actions with the revenue cycle. It works with providers, coders and billing teams together so the care delivered is the care that gets reimbursed.

Jodie Hilliker is Senior Director of EHR Services at Healthrise, where she leads the clinical division and its work linking patient care to the revenue cycle. A clinician by background, she has overseen more than 425 Epic implementations. The most consequential errors she encounters, she said, are operational rather than technical.

“Go-live is the midpoint, not the finish line,” Hilliker said. “Most of the financial risk in an implementation surfaces after the system goes live, in the daily work of the people using it.”

The solution for many is more software training, but that doesn’t address the root cause. Instead, Hilliker advises operational readiness be baked into the implementation budget from the outset. Healthrise works one-on-one with physicians to tailor workflows, templates and order sets to how they practice, which reduces frustration and improves system adoption. Its at-the-elbow specialists stay beside staff through go-live to resolve issues as they arise.

When documentation or coding is wrong, the error can reach a patient as an inaccurate bill at the worst possible moment, often during treatment for a serious illness. Correcting the clinical record at its source spares that stress and lets patients focus on recovery.

The gaps are notable given the industry’s growing emphasis on artificial intelligence (AI). More than 40% of providers now report denial rates of 10% or higher, according to Experian Health’s 2025 State of Claims survey, with incomplete documentation cited as the leading cause. Two-thirds believe AI can improve the claims process, but only 14% currently use it to reduce denials.

“AI can draft a letter. It is not ready to repair a revenue cycle that was never built correctly,” Hilliker said. “The basics still determine whether an organization gets paid.”

Healthrise begins each engagement with a comprehensive on-site assessment designed to uncover hidden sources of revenue leakage. Through an in-depth review of provider workflows, clinical documentation and EHR utilization, Healthrise identifies the underlying causes of coding and billing inaccuracies. The company then delivers targeted provider education and workflow optimization to improve documentation quality, strengthen coding accuracy and prevent recurring revenue loss.

At a large health system in Northeast Florida, the approach resolved more than 60,000 un-indexed clinical documents and reduced the denial rate by 6%, a $2 million net financial impact, within four months.

To learn more about Healthrise’s EHR services, operational readiness and go-live support, visit www.healthrise.com.

About Healthrise

Healthrise is a healthcare consulting and technology firm that helps hospitals and health systems strengthen both their financial and clinical performance. Founded in 2012, the company supports clinicians and end users before, during and after EHR implementation to help organizations reduce revenue leakage, improve satisfaction and protect the patient experience. Healthrise has supported more than 25 health systems and managed over $35 billion in net patient revenue. For more information, please visit www.healthrise.com.

CONTACT

Trysten Loos
tloos@identitypr.com
810.964.3715

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