ChronoScale share issuance from spinoff
Company: Applied Digital
The claim, verbatim
Applied Digital received approximately 138 million shares of ChronoScale common stock in exchange for contributing its cloud business to EKSO Bionics Holdings, which rebranded as ChronoScale
Source (primary)
applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-08)Live source ↗
Quote: “Applied Digital was issued approximately 138 million shares of ChronoScale common stock for the contribution of its cloud business.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states Applied Digital was issued approximately 138 million shares for the contribution of its cloud business, and that EKSO became ChronoScale.
Confirmed in the source:
- Applied Digital was issued approximately 138 million shares of ChronoScale common stock for contributing its cloud business
- The cloud business was contributed to EKSO Bionics Holdings, which changed its name to ChronoScale Corporation
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000149315226021333/ex99-1.htm) in full (9,179 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms applied-digital 8-K exhibit (ex99-1.htm)
Quote: “Applied Digital was issued approximately 138 million shares of ChronoScale common stock for the contribution of its cloud business.”