UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): ~~May~~June 2926, 2026

CHRONOSCALE CORPORATION

(Exact name of registrant as specified in its charter)

Nevada	001-37854	99-0367049
(State or other jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification Number)
(State or other jurisdiction	(Commission	(IRS Employer
of Incorporation)	File Number)	Identification Number)

3811 Turtle Creek Blvd. Suite 2100

Dallas, Texas

75219

(Address of registrant’s principal executive office)

(Zip code)

214-427-1704

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.001 per share		CHRN		Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 21.0501 ~~Costs~~Entry ~~Associated~~into ~~with~~a ~~Exit~~Material orDefinitive ~~Disposal Activities~~Agreement.

On ~~May~~June 2926, 2026, ~~the Board of Directors~~ (the “~~Board~~Effective Date”), of ChronoScale Corporation, a Nevada corporation (the “Company”), entered ~~committed~~into toan aunsecured ~~plan~~Demand toGrid ~~divest~~Promissory ~~its~~Note ~~wholly~~(the ~~owned~~“Note”) ~~subsidiary,~~with ~~Ekso~~Applied ~~Bionics,~~Digital ~~Inc.~~Corporation, a ~~Delaware~~Nevada corporation (the “~~Ekso~~Lender”), ~~which~~pursuant ~~had not~~to ~~previously~~which ~~been~~the ~~announced~~Lender asmade ~~being~~a ~~held~~line ~~for~~of ~~sale,~~credit ~~and~~available to ~~focus~~ the Company’s ~~operations~~in ~~solely~~the onmaximum principal ~~its~~amount ~~cloud~~of ~~business.~~$100,000,000 ~~The~~minus ~~Company expects~~the todollar ~~complete~~value ~~the~~of ~~divesture~~any ofcredit support provided by the ~~Ekso~~Lender ~~business~~or ~~during~~its affiliates to the Company ~~first~~and ~~fiscal~~its ~~quarter~~affiliates. InThe ~~connection~~Company ~~with~~plans ~~this~~to ~~action,~~use the ~~Company~~proceeds ~~expects to~~of ~~incur~~any ~~material~~borrowings ~~charges,~~under ~~including~~the ~~severance~~Note for ~~costs,~~working ~~lease~~capital ~~termination~~and ~~payments,~~general ~~transaction-related~~corporate ~~expenses~~purposes. To date, ~~and~~there ~~other~~have ~~exit~~been ~~costs~~no advances under the Note.

The ~~Company~~ isprincipal ~~not~~amount ~~yet~~of ~~able~~the Note will be adjusted from time to ~~make~~time ato ~~good-faith~~reflect ~~estimate~~the amounts of any advances made to the ~~total~~Company ~~amount~~by the Lender and/or ~~range~~any ofpayments ~~amounts~~made ~~expected~~to the Lender by the Company prior to bethe ~~incurred~~Lender’s demand for payment in ~~connection~~full ~~with~~of all amounts outstanding. Interest is payable on the unpaid ~~this~~principal ~~action,~~amount orof the ~~amounts~~Note orat ~~range~~a ofrate ~~amounts~~equal ~~for~~to ~~each~~the ~~major~~short-term ~~type~~Applicable Federal Rate (as defined in Section 1274(d) of ~~charge~~the Internal Revenue Code of 1986, as amended), compounded semiannually. The Company ~~undertakes~~may toprepay ~~amend~~all ~~this~~or ~~Current~~any ~~Report~~portion ~~on Form~~of ~~8-K~~the toNote, ~~include~~together ~~this~~with ~~information~~any accrued ~~within~~but ~~four~~unpaid ~~business~~interest ~~days~~thereon, ~~after~~at itany ~~makes~~time awithout ~~determination~~penalty ofor ~~such~~premium. ~~estimates~~The orNote ~~range~~is not convertible into shares of ~~estimates~~common stock, aspar ~~required~~value by$0.001 ~~Item~~per ~~2.05(d)~~share, of ~~Form~~the ~~8-K~~Company (the “Common Stock”).

~~Forward~~As previously disclosed, APLD Intermediate HoldCo LLC, a Delaware limited liability company (“APLD Intermediate”) is a wholly-~~Looking~~owned subsidiary of the Lender. APLD ChronoScale HoldCo LLC, a Delaware limited liability company (the “Contributor”) is a wholly-owned subsidiary of APLD Intermediate. The Lender and the Contributor hold an aggregate of ~~Statements~~approximately 96% of the outstanding shares of Common Stock of the Company. Wes Cummins, Ella Benson, Douglas Miller and Richard Nottenburg each serve on the board of directors of the Company (the “Company Board”) and on the board of directors of the Lender (the “Lender Board”). Mr. Cummins also serves as the Chief Executive Officer of the Lender and is the Chairman of the Lender Board. The execution, delivery and performance of the Note were approved by the Related Party Committee of the Company Board, as well as the Related Party Committee of the Lender Board, each in accordance with the Related Party Policies of the Company and the Lender.

~~This~~The ~~Current~~foregoing ~~Report~~description ~~on Form 8-K contains forward-looking statements within the meaning~~ of the ~~Private~~Note ~~Securities~~is ~~Litigation~~qualified ~~Reform~~in ~~Act~~its ~~of 1995,~~entirety ~~including~~by ~~statements~~reference ~~regarding~~to the ~~expected~~full ~~costs,~~text ~~timing, and financial impact~~ of the ~~planned divestiture of the Ekso business. Words such as “anticipates~~Note,” “expects,” “intends,” “plans,” “projects,” “believes,” “seeks,” “estimates,” “can,” “may,” “will,” “would” and similar expressions identify such forward-looking statements. These statements are not guarantees of results and should not be considered an indication of future activity or future performance. Actual results may differ materially from those expressed or implied by such forward-looking statements due to a ~~variety~~copy of ~~factors,~~which ~~including,~~is ~~but not limited to, changes in estimates of costs associated with~~attached ~~the divestiture, including severance, lease termination expenses, and other exit-related charges; the timing and completion of the divestiture; the Company’s ability~~ to ~~successfully~~this ~~execute~~report ~~the~~as ~~wind-down~~Exhibit or4.1 ~~sale of the Ekso business;~~ and ~~general~~is ~~economic,~~incorporated ~~market,~~herein ~~and business conditions. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this report, except as required~~ by ~~law~~reference.

Item 2.03 Creation of Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

Reference is made to the disclosure set forth under Item 1.01 above, which disclosure is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit		Description
4.1		Demand Grid Note, dated June 26, 2026 by and between Applied Digital Corporation and ChronoScale Corporation.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: June 426, 2026

	CHRONOSCALE CORPORATION

	By:	/s/ Jerome Wong
	Name:	Jerome Wong
	Title:	Chief Financial Officer

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