ChronoScale separation and 96% ownership
Company: Applied Digital
The claim, verbatim
Completed separation of cloud services business during fiscal fourth quarter, combining it with Ekso Bionics Holdings, Inc. to form ChronoScale Holdings Corporation, a publicly traded accelerated-compute platform (Nasdaq: CHRN), with Applied Digital owning approximately 96%
Source (primary)
applied-digital 8-K exhibit (apldq426earningsreleaseasf.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-02)Live source ↗
Quote: “Completed the separation of our cloud services business during the quarter and currently owns approximately 96% of ChronoScale, a public company trading on Nasdaq under the symbol "CHRN."”
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 applied-digital 8-K exhibit (apldq426earningsreleaseasf.htm)
Quote: “Completed the separation of our cloud services business during the quarter and currently owns approximately 96% of ChronoScale, a public company trading on Nasdaq under the symbol "CHRN."”