ChronoScale Separation and Public Launch
Company: Applied Digital
The claim, verbatim
Completed the separation of Cloud Services Business by combining it with Ekso Bionics Holdings, Inc. to form ChronoScale Holdings Corporation, an independent, publicly traded accelerated-compute platform trading on Nasdaq (CHRN), with Applied Digital owning approximately 96% of ChronoScale.
Source (primary)
View PDF (IR page (ir.applieddigital.com), ir_release)
View cached copy (2026-09-01)Live source ↗
Quote: “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
Checked on October 10, 2026. The cited source supports every part of this claim.
The release states the separation, the combination with Ekso Bionics, the Nasdaq listing as CHRN, and Applied Digital's roughly 96% stake.
Confirmed in the source:
- Applied Digital completed the separation of its cloud services business
- The cloud business was combined with Ekso Bionics Holdings, Inc. to form ChronoScale Holdings Corporation
- ChronoScale is an independent, publicly traded accelerated-compute platform
- ChronoScale trades on Nasdaq under the symbol CHRN
- Applied Digital owns approximately 96% of ChronoScale
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001144879-26-000044/0001144879-26-000044.pdf) in full (57,639 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms View PDF
Quote: “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.”