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Applied Digital Cloud spin-out / EKSO combination (ChronoScale)

Company: Applied Digital

Subject kind
acquisition
Statement date
2026-10-03
Promised amount
80.0 percent
Current status
stated

The claim, verbatim

Plans to spin out Applied Digital Cloud and combine it with EKSO Bionics to form ChronoScale, with Applied Digital expected to own over 80% of the combined company at closing; subject to definitive documents and approvals.

Source (primary)

Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-03)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 ... with Applied Digital expected to initially own over 80% of the combined company upon closing.”

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: “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 ... with Applied Digital expected to initially own over 80% of the combined company upon closing.”

View cached copy (2026-10-03)Live source ↗Archive.org ↗