Applied Digital plans to combine its cloud computing business, Applied Digital Cloud, with EKSO Bionics Holdings, Inc. to form a new company named ChronoScale. Upon closing, Applied Digital would own approximately 97% of the combined company, which will operate as an accelerated compute platform focused on supporting next-generation artificial intelligence workloads. Both the Applied Digital Cloud and EKSO businesses will continue operations after the transaction, with EKSO also exploring further strategic options for its current business. The transaction is expected to close in the first half of 2026, pending customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Applied Digital Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9617956-en) on December 29, 2025, and is solely responsible for the information contained therein.