ChronoScale business combination with EKSO Bionics
Company: Applied Digital
The claim, verbatim
Applied Digital is combining its cloud business with EKSO Bionics Holdings to form ChronoScale Corporation, a GPU-optimized AI infrastructure platform. Applied Digital expected to own approximately 97% of combined company, listed on Nasdaq under ticker CHRN with closing expected in Q4 fiscal 2026.
Source (primary)
applied-digital 8-K exhibit (apldq326earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-10)Live source ↗
Quote: “On December 30, 2025, Applied Digital announced a proposed business combination of its cloud business, operated through the Company's wholly owned subsidiary, Applied Digital Cloud Corporation with EKSO Bionics Holdings, Inc. (Nasdaq: EKSO) to form ChronoScale Corporation, a dedicated accelerated-compute platform for GPU-optimized AI infrastructure. Applied Digital is expected to own approximately 97% of the combined company, which is expected to be listed on the Nasdaq upon closing and trade under the symbol "CHRN." The proposed Business Combination is expected to close in the fourth fiscal quarter of 2026.”
How we checked this
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Additional evidence
confirms applied-digital 8-K exhibit (apldq326earningsrelease.htm)
Quote: “On December 30, 2025, Applied Digital announced a proposed business combination of its cloud business, operated through the Company's wholly owned subsidiary, Applied Digital Cloud Corporation with EKSO Bionics Holdings, Inc. (Nasdaq: EKSO) to form ChronoScale Corporation, a dedicated accelerated-compute platform for GPU-optimized AI infrastructure. Applied Digital is expected to own approximately 97% of the combined company, which is expected to be listed on the Nasdaq upon closing and trade under the symbol "CHRN." The proposed Business Combination is expected to close in the fourth fiscal quarter of 2026.”