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ChronoScale private placement investment

Company: Applied Digital

Subject kind
financing
Statement date
2026-05-04
Promised amount
15.75 USD
Current status
stated

The claim, verbatim

Applied Digital invested $15.75 million in cash in ChronoScale for approximately 1.4 million additional shares

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 invested $15.75 million in cash in ChronoScale for an additional approximately 1.4 million shares of ChronoScale common stock priced at market in a private placement offering, which closed concurrently with the contribution transaction.”

How we checked this

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Additional evidence

confirms applied-digital 8-K exhibit (ex99-1.htm)

Quote: “Applied Digital invested $15.75 million in cash in ChronoScale for an additional approximately 1.4 million shares of ChronoScale common stock priced at market in a private placement offering, which closed concurrently with the contribution transaction.”

View cached copy (2026-09-08)Live source ↗