Every 8-K that ChronoScale Holdings Corporation (CHRN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CHRN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CHRN filings page.
ChronoScale Holdings Corp (symbol: CHRN) is the issuer of record for a Form 8-K filing submitted to the SEC.
ChronoScale Holdings Corporation (CHRN) reports that its wholly owned subsidiary ChronoScale Intermediate, LLC, as borrower, and Ekso Bionics, Inc., as guarantor, entered into a First Amendment to their Secured Promissory Note and Security Agreement with B. Riley Commercial Capital, LLC.
The underlying term loan has an aggregate principal amount of up to $2.0 million, all of which was outstanding as of the amendment date. The amendment extends the loan’s time-based maturity to November 12, 2026 and specifies that a sale of the guarantor on the terms described in the amendment will be treated as a Permitted Disposition. All other material terms of the original agreement remain in effect.
ChronoScale Holdings Corporation (CHRN) reported that it has entered into a strategic AI infrastructure partnership with Microsoft for a planned 50-megawatt (MW) AI compute deployment in North America. The deployment is expected to use NVIDIA GB300 NVL72 systems with advanced liquid-cooling, high-performance networking, storage, and purpose-built data center infrastructure to support large-scale AI training and inference workloads.
The company also disclosed that the term of its previously announced strategic partnership with Microsoft has been extended from two years to three years, reflecting a longer planned collaboration around this AI compute deployment. ChronoScale positions its platform as an accelerated compute environment purpose-built for demanding AI workloads and emphasizes that numerous risks and uncertainties, including integration of its recently completed business combination, capital access, and cloud compute industry growth, could affect actual outcomes versus current expectations.
ChronoScale Holdings Corp (CHRN) disclosed a new Offer of Continued Employment for Jerome Wong, Chief Financial Officer of subsidiary ChronoScale Corporation, effective August 16, 2026. The agreement sets an annual base salary of $400,000 and eligibility for an annual performance bonus targeted at 60% of base salary, plus a cash “true-up” for the period from May 5, 2026 through August 16, 2026.
Mr. Wong is also contemplated to receive 300,000 restricted stock units (RSUs) with time-based vesting, approved by the board’s Compensation Committee. Upon a Qualifying CIC Termination during the Change in Control Period, he would receive cash severance equal to nine months of base salary, up to nine months of subsidized health coverage, and accelerated vesting of the initial RSU tranche. If later terminated without Cause outside that context, he would receive cash severance equal to six months of base salary, paid as salary continuation, in each case subject to a release of claims and ongoing compliance with restrictive covenants.
ChronoScale Corporation filed Amendment No. 2 to its current report to add detailed financial statements for its Applied Digital Cloud (“Cloud”) business and pro forma results following the recent Business Combination. Cloud provides GPU-based cloud services and has grown quickly but remains loss‑making and capital intensive.
For the fiscal year ended May 31, 2025, Cloud generated $84.4 million in revenue, up sharply from $29.0 million a year earlier, yet recorded a net loss of $72.7 million and operating loss of $55.3 million. For the nine months ended February 28, 2026, revenue was $53.2 million with a net loss of $32.8 million, reflecting the loss of a customer and heavy lease and interest expenses.
The filings highlight significant lease obligations and prior working capital deficits, with Cloud historically relying on its former parent for financing. Management discloses that substantial doubt about continuing as a going concern was raised but believes this has been alleviated through lease renegotiations, strong operating cash flow in the latest nine-month period, and a $15.8 million private placement completed alongside the Business Combination.
ChronoScale Corporation reported governance changes, appointing Andrew Cordell Schaap to its board of directors and increasing the board size from seven to eight members, effective June 29, 2026. He will serve on the Audit Committee, replacing Douglas Miller, and on the Related Party Transactions Committee.
Upon his appointment, Mr. Schaap received a Restricted Stock Award covering 200,000 shares of common stock under the 2026 Omnibus Equity Incentive Plan. The award vests in two equal annual installments on the first and second anniversaries of the grant date, subject to continued service, with certain acceleration conditions described in the award agreement.
The company also outlined the refreshed composition of its Audit, Compensation, Nominating and Governance, and Related Party Transaction committees as of June 30, 2026, and filed the related Restricted Stock Award Agreement as an exhibit.
ChronoScale Corporation entered into an unsecured Demand Grid Promissory Note with Applied Digital Corporation, creating a revolving line of credit with a maximum principal amount of $100,000,000, reduced by any credit support Applied Digital or its affiliates provide to ChronoScale and its affiliates.
The company may draw on this line for working capital and general corporate purposes, but no amounts have been borrowed yet. Interest on any outstanding balance will accrue at the short-term Applicable Federal Rate, compounded semiannually, and the note can be prepaid at any time without penalty. The lender can demand repayment in full, and the note is not convertible into ChronoScale common stock.
Applied Digital and its affiliate APLD ChronoScale HoldCo LLC collectively hold approximately 96% of ChronoScale’s outstanding common stock, and several directors serve on both companies’ boards. The note was approved by the Related Party Committees of both boards under their related party policies.
ChronoScale Corporation announced that its Board approved a plan on May 29, 2026 to divest its wholly owned subsidiary, Ekso Bionics, Inc., and concentrate operations solely on its cloud business.
The company expects to complete the Ekso divestiture during the first fiscal quarter. It anticipates material charges related to severance costs, lease termination payments, transaction expenses, and other exit costs. ChronoScale has not yet determined reliable estimates for these charges and plans to amend the report within four business days after setting those estimates, as required.
ChronoScale Corporation, formerly Ekso Bionics Holdings, Inc., is amending previously disclosed phantom performance-based stock unit awards for three senior executives. The awards, granted on November 5, 2025, totaled 185,000 Phantom PSUs for Scott G. Davis, 40,000 for Jerome Wong, and 32,000 for Jason Jones.
The Board determined on May 14, 2026 that the stock price goal was achieved and that the May 5, 2026 closing of a Contribution and Exchange Agreement constituted a Change in Control, satisfying vesting conditions. Settlement has been changed from cash-only to equity and cash.
Mr. Davis’s award will now settle in 109,357 shares of common stock plus a $1,000,000 cash payment, while Mr. Wong and Mr. Jones will receive 40,000 and 32,000 shares of common stock, respectively. Payments and share issuances will occur after the closing and no later than March 15, 2027.