ChronoScale formation via cloud services separation with Ekso Bionics
Company: Applied Digital
The claim, verbatim
Completed May 5, 2026 separation of cloud services business by combining it with Ekso Bionics Holdings, Inc. to form ChronoScale Holdings Corporation, independent publicly traded accelerated-compute platform (Nasdaq: CHRN), with Applied Digital owning approximately 96% equity.
Source (primary)
EX-99.1 (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗
Quote: “On May 5, 2026, we completed the separation of our cloud services business, combining it with Ekso Bionics Holdings, Inc. to form ChronoScale Holdings Corporation, an independent, publicly traded accelerated-compute platform that is trading on the Nasdaq Capital Market under the symbol "CHRN." Applied Digital currently owns approximately 96% of ChronoScale.”
How we checked this
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Additional evidence
confirms EX-99.1
Quote: “On May 5, 2026, we completed the separation of our cloud services business, combining it with Ekso Bionics Holdings, Inc. to form ChronoScale Holdings Corporation, an independent, publicly traded accelerated-compute platform that is trading on the Nasdaq Capital Market under the symbol "CHRN." Applied Digital currently owns approximately 96% of ChronoScale.”
