Cloud business combination with EKSO to form ChronoScale
Company: Applied Digital
The claim, verbatim
Combining Applied Digital Cloud with EKSO Bionics to form ChronoScale Corporation (Nasdaq: CHRN); Applied Digital expected to own ~97% of the combined company; expected to close in fiscal Q4 2026.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-03)Live source ↗
Quote: “Applied Digital is expected to own approximately 97% of the combined company, which is expected to be listed on the Nasdaq upon closing and trade under the symbol “CHRN.” ... is expected to close in the fourth fiscal quarter of 2026.”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “Applied Digital is expected to own approximately 97% of the combined company, which is expected to be listed on the Nasdaq upon closing and trade under the symbol “CHRN.” ... is expected to close in the fourth fiscal quarter of 2026.”