Applied Digital Cloud spin-out and merger with EKSO to form ChronoScale
Company: Applied Digital
The claim, verbatim
Proposed spin-out of Applied Digital Cloud and business combination with EKSO Bionics to form ChronoScale, with Applied Digital expected to initially own over 80% of the combined company; subject to definitive documents and approvals.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “Announced plans to spin out Applied Digital Cloud and combine it with EKSO Bionics Holdings (Nasdaq: EKSO) through a proposed business combination to form ChronoScale”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “Announced plans to spin out Applied Digital Cloud and combine it with EKSO Bionics Holdings (Nasdaq: EKSO) through a proposed business combination to form ChronoScale”