ChronoScale separation and ownership stake
Company: Applied Digital
The claim, verbatim
Completed the separation of cloud services business, combining it with Ekso Bionics Holdings, Inc. to form ChronoScale Holdings Corporation (Nasdaq: CHRN), an independent publicly traded accelerated-compute platform, with Applied Digital owning approximately 96%.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Completed the separation of our cloud services business, combining it with Ekso Bionics Holdings, Inc. to form ChronoScale (Nasdaq: CHRN), an independent publicly traded accelerated-compute platform. Applied Digital currently owns approximately 96% of ChronoScale.”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “Completed the separation of our cloud services business, combining it with Ekso Bionics Holdings, Inc. to form ChronoScale (Nasdaq: CHRN), an independent publicly traded accelerated-compute platform. Applied Digital currently owns approximately 96% of ChronoScale.”