Expected business combination closing date
Company: Applied Digital
What the later record shows
Delivered on time · happened May 5, 2026
The business combination closed in May 2026, within the promised second calendar quarter of 2026. The May 2026 8-K and the 10-K both state this.
“Cloud became a wholly owned subsidiary of Ekso and Ekso changed its name to ChronoScale Corporation”
2026-05-04 · Applied Digital 8-K filed 2026-05-05 View cached copy (2026-08-30)Live source ↗
“On May 5, 2026, we completed the separation of our cloud business in a series of transactions that resulted in the Company owning approximately 97% of the issued and outstanding equity of ChronoScale Corporation.”
2026-07-29 · View 10-K View cached copy (2026-09-01)Live source ↗Archive.org ↗
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
The closing of the business combination is expected to occur in the second calendar quarter of 2026
Source (primary)
Applied Digital DEFA14A filed 2026-02-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Closing is expected to occur in the second calendar quarter of 2026”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing states the Closing is expected to occur in the second calendar quarter of 2026, while cautioning there is no assurance it will close by then or at all.
Confirmed in the source:
- The closing of the Ekso–Applied Digital Cloud business combination is expected to occur in the second calendar quarter of 2026
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315226006901/formdefa14a.htm) in full (22,278 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital DEFA14A filed 2026-02-17
Quote: “The Closing is expected to occur in the second calendar quarter of 2026”
confirms Applied Digital 8-K filed 2026-05-05
Quote: “Cloud became a wholly owned subsidiary of Ekso and Ekso changed its name to ChronoScale Corporation”
confirms View 10-K
Quote: “On May 5, 2026, we completed the separation of our cloud business in a series of transactions that resulted in the Company owning approximately 97% of the issued and outstanding equity of ChronoScale Corporation.”