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ChronoScale Holdings Corporation separation completed

Company: Applied Digital

Subject kind
acquisition
Statement date
2026-09-24
Current status
stated

The claim, verbatim

Separation of cloud business completed through contribution and exchange transaction, creating ChronoScale Holdings Corporation (Nasdaq: CHRN)

Source (primary)

Applied Digital DEF 14A filed 2026-09-25 (SEC EDGAR, sec_filing)
View cached copy (2026-09-26)Live source ↗

Quote: “we also completed the previously announced separation of our cloud business through a contribution and exchange transaction, resulting in the creation of ChronoScale Holdings Corporation (Nasdaq: CHRN)”

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 Applied Digital DEF 14A filed 2026-09-25

Quote: “we also completed the previously announced separation of our cloud business through a contribution and exchange transaction, resulting in the creation of ChronoScale Holdings Corporation (Nasdaq: CHRN)”

View cached copy (2026-09-26)Live source ↗