jain.com

Applied Digital ChronoScale ownership stake

Company: Applied Digital

Subject kind
acquisition
Statement date
2026-01-06
Promised amount
80.0 percent
Current status
stated

The claim, verbatim

Applied Digital expected to retain over 80% of ChronoScale upon closing of business combination with EKSO

Source (primary)

applied-digital 8-K exhibit (apldq226earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-22)Live source ↗

Quote: “Applied Digital expected to initially own over 80% of the combined company upon closing”

How we checked this

Checked on September 26, 2026. The cited source supports every part of this claim.

The release says Applied Digital expects to initially own, or retain, over 80% of the combined company upon closing.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487926000002/apldq226earningsrelease.htm) in full (44,381 characters, retrieved September 22, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms applied-digital 8-K exhibit (apldq226earningsrelease.htm)

Quote: “Applied Digital expected to initially own over 80% of the combined company upon closing”

View cached copy (2026-09-22)Live source ↗