jain.com

~96% ownership of ChronoScale

Company: Applied Digital

Subject kind
acquisition
Statement date
2026-10-08
Promised amount
96.0 percent
Current status
stated

The claim, verbatim

Applied Digital owns approximately 96% of ChronoScale Holdings Corporation (Nasdaq: CHRN).

Source (primary)

EX-99.1 (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-08)Live source ↗Archive.org ↗

Quote: “ChronoScale Holdings Corporation (Nasdaq: CHRN) is a publicly traded accelerated-compute platform in which Applied Digital owns approximately 96%”

How we checked this

Checked on October 13, 2026. The cited source supports every part of this claim.

The release states the ticker and Applied Digital's approximately 96% ownership.

Confirmed in the source:

What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001144879-26-000057/apldq127earningsrelease.htm) in full (40,037 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms EX-99.1

Quote: “ChronoScale Holdings Corporation (Nasdaq: CHRN) is a publicly traded accelerated-compute platform in which Applied Digital owns approximately 96%”

View cached copy (2026-10-08)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “ChronoScale Holdings Corporation (Nasdaq: CHRN) is a publicly traded accelerated-compute platform in which Applied Digital owns approximately 96%”

View cached copy (2026-10-08)Live source ↗