Cloud services separation into ChronoScale
Company: Applied Digital
The claim, verbatim
On May 5, 2026, the Company completed the separation of its cloud services business, combining it with Ekso Bionics Holdings, Inc. to form ChronoScale Holdings Corporation (Nasdaq: CHRN); Applied Digital owns approximately 96% of ChronoScale.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “On May 5, 2026, we completed the separation of our cloud services business, combining it with Ekso Bionics Holdings, Inc. to form ChronoScale Holdings Corporation ... Applied Digital currently owns approximately 96% of ChronoScale.”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “On May 5, 2026, we completed the separation of our cloud services business, combining it with Ekso Bionics Holdings, Inc. to form ChronoScale Holdings Corporation ... Applied Digital currently owns approximately 96% of ChronoScale.”