ChronoScale business combination (Applied Digital Cloud + EKSO Bionics) with 80%+ ownership
Company: Applied Digital
The claim, verbatim
Announced plans to spin out Applied Digital Cloud and combine it with EKSO Bionics Holdings to form ChronoScale accelerated-compute platform, with Applied Digital expected to own over 80% upon closing
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Announced plans to spin out Applied Digital Cloud and combine it with EKSO Bionics Holdings (Nasdaq: EKSO) through a proposed business combination to form ChronoScale (the "Business Combination"), a dedicated accelerated‑compute platform for GPU‑optimized AI infrastructure, with Applied Digital expected to initially own over 80% of the combined company upon closing.”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “Announced plans to spin out Applied Digital Cloud and combine it with EKSO Bionics Holdings (Nasdaq: EKSO) through a proposed business combination to form ChronoScale (the "Business Combination"), a dedicated accelerated‑compute platform for GPU‑optimized AI infrastructure, with Applied Digital expected to initially own over 80% of the combined company upon closing.”