Applied Digital To Spin Out Cloud Business, Proposes Business Combination With EKSO To Launch Chronoscale
ReutersDec 29, 2025 10:46 PM
Dec 29 (Reuters) - Applied Digital Corp APLD.O:
APPLIED DIGITAL TO SPIN OUT CLOUD BUSINESS, PROPOSES BUSINESS COMBINATION WITH EKSO TO LAUNCH CHRONOSCALE
EKSO BIONICS HOLDINGS- UPON CLOSING, APPLIED DIGITAL WOULD OWN ABOUT 97% OF COMBINED COMPANY, WHICH WILL OPERATE UNDER NAME CHRONOSCALE
EKSO BIONICS HOLDINGS - PLANS TO CONTINUE TO EXPLORE STRATEGIC TRANSACTIONS FOR POSSIBLE SALE OF ALL OR SUBSTANTIALLY ALL OF EKSO'S CURRENT BUSINESS
EKSO BIONICS HOLDINGS INC - PROPOSED TRANSACTION IS EXPECTED TO CLOSE IN FIRST HALF OF 2026
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