ChronoScale Corp — Form 8-K12B
Filed July 1, 2026 · analyzed by the 8-K Agent
8-K12B
— Neutral
significance 28/100
What the filing says
On July 1, 2026, ChronoScale Corporation (Nevada corp, ticker CHRN) executed a restructuring merger whereby newly-formed ChronoScale Holdings Corporation became the public holding company. The merger converted all 145,214,825 outstanding common shares and 2,926 preferred shares into identical Holdings shares on a 1:1 basis; Holdings assumes ChronoScale's equity plans (Ekso Bionics 2014 Plan and new 2026 Plan with 22.5M share authorization). Holdings also acquired ChronoScale's subsidiary Applied Digital Cloud Corporation (1,200 shares). No stockholder vote required under NRS 92A.134. Post-closing, ChronoScale becomes an LLC subsidiary; Holdings trades as CHRN on Nasdaq. Applied Digital Corporation has special governance rights (50%+ quorum threshold, certain vote requirements).
Why this rating
Tax-free reorganization with no economic change to shareholders—mechanical restructuring to create holding company. Routine corporate maneuver, immaterial to $8.2M market-cap firm's trajectory or operations.
View original filing on SEC.gov ↗
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