ChronoScale business combination with EKSO Bionics
Company: Applied Digital
The claim, verbatim
Proposed business combination of Applied Digital Cloud Corporation with EKSO Bionics to form ChronoScale Corporation, Applied Digital expected to own 97%, expected close Q4 fiscal 2026
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “On December 30, 2025, Applied Digital announced a proposed business combination of its cloud business, operated through the Company's wholly owned subsidiary, Applied Digital Cloud Corporation with EKSO Bionics Holdings, Inc. (Nasdaq: EKSO) to form ChronoScale Corporation... Applied Digital is expected to own approximately 97% of the combined company... is expected to close in the fourth fiscal quarter of 2026.”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “On December 30, 2025, Applied Digital announced a proposed business combination of its cloud business, operated through the Company's wholly owned subsidiary, Applied Digital Cloud Corporation with EKSO Bionics Holdings, Inc. (Nasdaq: EKSO) to form ChronoScale Corporation... Applied Digital is expected to own approximately 97% of the combined company... is expected to close in the fourth fiscal quarter of 2026.”
