Monitor for any future 13D amendments or press releases indicating McGee's plans for strategic changes, board composition, or capital allocation, given his controlling position and Chairman role. The lock-up expiration ~180 days post-offering (likely February-March 2027) could be a catalyst for share sales or further alignment moves.
Price Chart
Executive Summary
Regan McMillan McGee, Chairman of MBody AI Ltd., filed a Schedule 13D disclosing beneficial ownership of 6,860,097 ordinary shares (44.9% of outstanding shares) following the merger of MBody AI Corp. into the issuer. The stake was acquired through conversion of pre-merger shares and control over 20,000 shares held by Apollo Technology Capital Corporation. The filing is a routine post-merger disclosure of control by the Chairman, with no stated activist demands or plans for changes beyond ongoing evaluation.
Key Financial Metrics
Key Facts
- Regan McMillan McGee beneficially owns 44.9% of MBody AI Ltd. ordinary shares (6,860,097 of 15,293,584 outstanding).
- The stake was acquired primarily through conversion of MBody AI Corp. shares in the merger that closed August 26, 2026, with former MBody AI equityholders owning ~90% of the combined entity.
- McGee serves as Chairman of the Board of MBody AI Ltd. and is also Chairman/CEO of Apollo Technology Capital Corporation.
- No cash consideration was paid for the shares acquired via merger; McGee also controls 20,000 shares held by Apollo Technology Capital Corporation.
- McGee is subject to a 180-day lock-up agreement with Northland Securities, Inc. from the date of the final prospectus for the concurrent underwritten public offering of 1,538,462 shares at $6.50/share.
- No transactions in ordinary shares during the past 60 days other than the merger-related acquisition.
Financial Impact
No direct financial impact; the 13D discloses a 44.9% controlling stake post-merger with no new capital deployment or activist demands.
Risk Factors
- Concentrated ownership (44.9%) gives McGee significant control, potentially limiting minority shareholder influence.
- Lock-up agreement restricts share sales for 180 days, after which selling pressure could emerge.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13D Filing (Primary) | 0001213900-26-102336 |
| Document: 0001213900-26-102336-index.html | 0001213900-26-102336 |
| Document: 0001213900-26-102336.txt | 0001213900-26-102336 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $2.05 | awaiting T+5 | — | $2.07 (+0.73%) |
Sep 29, 2026 27d ago | EFFECT | $3.75 $3.24 | ▼ −13.60% | ▼ −15.55% | $2.07 (−44.93%) |
Sep 22, 2026 4w ago | SC 13D | $5.47 $3.54 | ▼ −35.28% | ▼ −34.61% | $2.07 (−62.25%) |
Sep 22, 2026 4w ago | 6-K | $5.47 $3.54 | ▲ +35.28% | ▲ +34.61% | $2.07 (+62.25%) |
Sep 16, 2026 5w ago | 6-K | $6.33 $5.47 | ▼ −13.59% | ▼ −15.41% | $2.07 (−67.38%) |
Sep 16, 2026 5w ago | Press Release | $6.33 $5.47 | ▼ −13.59% | ▼ −15.41% | $2.07 (−67.38%) |
Aug 28, 2026 8w ago | Press Release | $6.61 $6.37 | ▼ −3.71% | ▼ −3.56% | $2.07 (−68.76%) |
Aug 28, 2026 8w ago | 6-K | $6.58 $6.50 | ▲ +1.22% | ▲ +1.32% | $2.07 (+68.62%) |
Aug 27, 2026 8w ago | 424B4 | $6.57 $6.50 | ▼ −1.07% | ▼ −1.33% | $2.07 (−68.57%) |
Aug 26, 2026 8w ago | 6-K | $6.78 $6.48 | ▲ +4.42% | ▲ +4.30% | $2.07 (+69.54%) |
US Market Status
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