Equity investment in Ekso/ChronoScale
Company: Applied Digital
What the later record shows
Not a promise: a reported event · happened May 5, 2026
The claim itself reports that the Ekso share purchase closed on May 5, 2026. No passage covers the equity purchase; P40 covers only a separate services agreement with ChronoScale signed at the same closing.
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Applied Digital purchased 1,311,407 shares of Ekso Common Stock at $12.01 per share for gross proceeds of approximately $15.75 million. The closing occurred on May 5, 2026.
Source (primary)
Applied Digital 8-K filed 2026-05-05 (SEC EDGAR, sec_filing)
View cached copy (2026-08-30)Live source ↗
Quote: “Ekso agreed to sell and issue to the Company 1,311,407 shares of Ekso Common Stock (the "Private Placement Shares"). The Private Placement Shares were issued and sold at an offering price of $12.01 per share... for gross proceeds of approximately $15.75 million (the "Applied Parent Equity Financing"). The closing of the Applied Parent Equity Financing took place on May 5, 2026”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing describes the securities purchase agreement with this share count, price, gross proceeds, and closing date.
Confirmed in the source:
- Applied Digital purchased 1,311,407 shares of Ekso common stock in a private placement
- The offering price was $12.01 per share
- Gross proceeds were approximately $15.75 million
- The private placement closed on May 5, 2026
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315226021333/form8-k.htm) in full (26,576 characters, retrieved August 30, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2026-05-05
Quote: “Ekso agreed to sell and issue to the Company 1,311,407 shares of Ekso Common Stock (the "Private Placement Shares"). The Private Placement Shares were issued and sold at an offering price of $12.01 per share... for gross proceeds of approximately $15.75 million (the "Applied Parent Equity Financing"). The closing of the Applied Parent Equity Financing took place on May 5, 2026”