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Check-Cap Secures Ghost Kitchen Franchise Rights Amid Nasdaq Compliance Efforts

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Check-Cap Secures Ghost Kitchen Franchise Rights Amid Nasdaq Compliance Efforts

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An announcement from Check-Cap ( (CHEK) ) is now available.

On September 3, 2025, Check-Cap Ltd. resolved a compliance issue with Nasdaq by filing its overdue Annual Report, but received a new deficiency letter for not maintaining the required stockholders’ equity. The company is actively working on a plan to address this. Furthermore, on September 5, 2025, Check-Cap entered an Asset Purchase Agreement with Parea LLC to acquire exclusive Ghost Kitchen franchise rights in New Jersey. This acquisition positions Check-Cap to benefit from the expanding Ghost Kitchen market, with a revenue-sharing model that promises significant growth opportunities.

Spark’s Take on CHEK Stock

According to Spark, TipRanks’ AI Analyst, CHEK is a Underperform.

Check-Cap’s overall score reflects its significant financial challenges, primarily due to a lack of revenue generation and persistent losses. While the technical analysis hints at possible recovery, the valuation is weak due to negative profitability indicators. The company’s strong equity position is a positive aspect, but without revenue, it faces substantial risks.

To see Spark’s full report on CHEK stock, click here.

More about Check-Cap

Check-Cap Ltd. is a company involved in the innovative food service industry, focusing on the Ghost Kitchen model. This model represents a modern approach to dining, emphasizing non-retail environments for take-out and delivery services. The company is strategically positioned to leverage franchise sales and support in New Jersey, a key market for this growing sector.

Average Trading Volume: 176,038

Technical Sentiment Signal: Strong Sell

Current Market Cap: $3.79M

For detailed information about CHEK stock, go to TipRanks’ Stock Analysis page.

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