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ChronoScale formed from cloud services plus Ekso Bionics; 96% ownership

Company: Applied Digital

Subject kind
acquisition
Statement date
2026-09-25
Current status
stated

The claim, verbatim

Cloud services business combined with Ekso Bionics Holdings to form ChronoScale (Nasdaq: CHRN); Applied Digital owns approximately 96%

Source (primary)

Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗

Quote: “Completed the separation of our cloud services business, combining it with Ekso Bionics Holdings, Inc. to form ChronoScale (Nasdaq: CHRN), an independent publicly traded accelerated-compute platform. Applied Digital currently owns approximately 96% of ChronoScale.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Earnings Release

Quote: “Completed the separation of our cloud services business, combining it with Ekso Bionics Holdings, Inc. to form ChronoScale (Nasdaq: CHRN), an independent publicly traded accelerated-compute platform. Applied Digital currently owns approximately 96% of ChronoScale.”

View cached copy (2026-09-25)Live source ↗Archive.org ↗