Check-Cap announced that the units sold in its initial public offering will separate on March 18.
Each unit consists of one ordinary share and one-half of a Series A Warrant to purchase one ordinary share. When trading begins on March 18, the ordinary shares and Series A Warrants will trade separately on the Nasdaq Capital Market under the symbols "CHEK" and "CHEKW" respectively.
Check-Cap is a clinical stage medical diagnostics company focused on the development of gastrointestinal imaging devices, including a preparation-free ingestible imaging capsule.
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