Monitor post-merger trading under new ticker CHRN and any initial financial disclosures from the combined entity. The $15.75M capital infusion and Applied Digital's business provide a new growth trajectory.
Price Chart
Executive Summary
Ekso Bionics is consummating a business combination with subsidiaries of Applied Digital Corporation, concurrently closing a $15.75M PIPE investment from Applied Digital at $12.01/share. The company will rename to ChronoScale Corporation and begin trading under ticker CHRN on May 5, 2026.
Key Financial Metrics
Key Facts
- 1,311,407 shares sold to Applied Digital at $12.01/share for gross proceeds of ~$15.75M
- Business combination closes May 5, 2026; company name changes to ChronoScale Corporation
- Ticker changes from EKSO to CHRN on Nasdaq
- PIPE priced at the prior closing price with no discount
Financial Impact
Gross proceeds of $15.75M from PIPE; combined entity receives new capital and Applied Digital's business
Risk Factors
- No historical financials of combined entity provided; integration risk
- Potential volatility as legacy EKSO shareholders adjust to new business
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-021099 |
| Document: form8-k.htm | 0001493152-26-021099 |
| Document: 0001493152-26-021099-index-headers.html | 0001493152-26-021099 |
| Document: 0001493152-26-021099-index.html | 0001493152-26-021099 |
| Document: 0001493152-26-021099.txt | 0001493152-26-021099 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
May 15, 2026 23w ago | 3 | — | awaiting T+1 | — | — |
May 4, 2026 25w ago | 8-K | $11.65 $11.65 | · 0.00% | ▼ −1.38% | — |
Mar 16, 2026 32w ago | Insider Cluster | $11.17 $10.78 | ▼ −3.49% | ▼ −3.76% | — |
US Market Status
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