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ChronoScale ownership stake

Company: Applied Digital

Subject kind
acquisition
Statement date
2026-05-04
Promised amount
97.0 percent
Current status
stated

The claim, verbatim

Applied Digital owns approximately 97% of the outstanding shares of ChronoScale common stock

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: “Following the closing, Applied Digital owns approximately 97% of the outstanding shares of ChronoScale common stock.”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states that following the closing Applied Digital owns approximately 97% of ChronoScale's outstanding shares.

Confirmed in the source:

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: “Following the closing, Applied Digital owns approximately 97% of the outstanding shares of ChronoScale common stock.”

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