ChronoScale Corporation

Chronoscale Holdings Corporation filed Amendment No. 1 to its Form S-3 shelf registration (No. 333-297176), a resale registration for existing selling stockholders rather than a new primary offering. Sales are to be made from time to time at selling-stockholder discretion after effectiveness. The amendment is administrative in nature; no new capital is raised by the company, but existing holders gaining a registered resale path represents an ongoing secondary supply overhang.

ChronoScale Corporation (formerly Ekso Bionics, now holding Applied Digital's cloud business) filed an S-3 for the resale of shares by selling stockholders from a prior PIPE financing. Smaller reporting company; no new capital is raised. Routine secondary resale registration providing liquidity for PIPE investors following the business combination.

Andrew Cordell Schaap joined ChronoScale Corporation's board of directors effective June 29, 2026, and reports no securities beneficially owned. Routine initial Section 16 disclosure following the board appointment at this newly-public data center company; companion to the 8-K (Item 5.02) disclosing the appointment and RSA grant.

ChronoScale appointed Andrew Cordell Schaap to its board of directors and granted him 200,000 restricted share awards (RSAs) vesting over two years. A potential conflict of interest involving a data center lease was disclosed in the filing. Routine director appointment for this newly-public data center holding company; the conflict-of-interest disclosure is load-bearing for investors tracking related-party dynamics.

Applied Digital Corporation holds 96.1% (139,528,227 shares) of ChronoScale and has entered a $100M unsecured demand grid promissory note as lender to ChronoScale, as disclosed in this Schedule 13D/A. Applied Digital is effectively the sole economic owner of ChronoScale and is providing a parent-to-subsidiary credit line to fund operations; the $100M facility gives ChronoScale significant liquidity headroom post-spin.

ChronoScale entered a $100M unsecured demand grid credit facility from its parent company Applied Digital Corporation for general working capital; no advances had been drawn as of the filing date. This intercompany financing provides operating liquidity to the newly-public data center holding company while it ramps revenue post-spin from Applied Digital.

CHRN (CHRN) disclosed costs associated with exit or disposal activities under 8-K Item 2.05. The charges are expected to total approximately $0. These costs typically include restructuring charges, severance and employee costs, facility exit costs, and asset write-downs associated with business exits or operational restructuring. Restructuring charges are non-recurring in nature but are material disclosures as they signal strategic shifts and affect near-term reported earnings.

ChronoScale Corp filed an amended 8-K (8-K/A) to disclose Phantom PSU grants made under the Ekso Bionics 2014 Equity Incentive Plan on November 5, 2025: 185,000 Phantom PSUs to Mr. Davis, 40,000 to Mr. Wong, and 32,000 to Mr. Jones. The amendment supplements a prior filing that incompletely disclosed these compensatory equity arrangements. This is an administrative correction to previously reported executive compensation terms.