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ChronoScale Transaction Expected Close

Company: Applied Digital

Subject kind
guidance
Statement date
2025-12-28
Current status
stated

The claim, verbatim

Applied Digital expects the business combination transaction with EKSO to close in the first half of 2026, subject to completion of due diligence, execution of final binding documents, and regulatory and shareholder approvals

Source (primary)

applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-23)Live source ↗

Quote: “The Proposed Transaction is expected to close in the first half of 2026, subject to the completion of customary due diligence, execution of final binding documents, customary regulatory and shareholder approvals, and satisfaction of closing conditions”

How we checked this

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

The joint release gives a first-half 2026 expected close and lists these conditions, along with satisfaction of other closing conditions.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000149315225029408/ex99-1.htm) in full (15,822 characters, retrieved September 23, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms applied-digital 8-K exhibit (ex99-1.htm)

Quote: “The Proposed Transaction is expected to close in the first half of 2026, subject to the completion of customary due diligence, execution of final binding documents, customary regulatory and shareholder approvals, and satisfaction of closing conditions”

View cached copy (2026-09-23)Live source ↗