ChronoScale formed from cloud services plus Ekso Bionics; 96% ownership
Company: Applied Digital
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
Checked on October 12, 2026. The cited source supports every part of this claim.
The release states the combination with Ekso Bionics, the CHRN listing and Applied Digital's approximately 96% ownership.
Confirmed in the source:
- Applied Digital's cloud services business was combined with Ekso Bionics Holdings, Inc. to form ChronoScale
- ChronoScale trades on Nasdaq under the symbol CHRN
- Applied Digital owns approximately 96% of ChronoScale
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/159/applied-digital-reports-fiscal-fourth-quarter-and-full-year/) in full (55,619 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
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.”