CHRN · ChronoScale Holdings Corp · Documents
The latest filing states the doubt was alleviated.
“The Company had a working capital deficit of approximately $70.5 million as of August 31, 2026 which raised substantial doubt about the Company's ability to continue as a going concern. ... Based on the above analysis, the Company concluded that the substantial doubt to continue as a going concern for at least 12 months from the date these condensed consolidated financial statements were issued is alleviated.”View the 10-Q filed Oct 14, 2026
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ChronoScale Holdings Corporation said Scott G. Davis resigned effective October 3, 2026, leaving seven nominees. Davis was granted 51,626 RSUs and is entitled to $709,500; Jason C. Jones is entitled to $243,750 and up to nine months of COBRA premiums.
ChronoScale Holdings Corporation reported $41.5 million revenue, a $26.4 million net loss and $5.9 million Adjusted EBITDA for the fiscal quarter ended August 31, 2026. It secured a 50 MW Microsoft deployment.
ChronoScale Holdings Corporation reported revenue of $41.5 million for the three months ended August 31, 2026. It received $328.2 million in customer prepayments and signed a Microsoft agreement supporting approximately 50 MW of AI compute capacity.
ChronoScale Holdings Corporation reported that Scott Davis resigned effective October 3, 2026, received 51,626 fully vested RSUs on October 2, 2026, and is entitled to $709,500 release payment within 30 days, subject to withholdings, deductions, agreement compliance and restrictive covenants.
ChronoScale Holdings Corporation may offer non-convertible preferred stock, debt securities and junior subordinated debt securities with aggregate public offering price not exceeding $500,000,000; net proceeds are expected for working capital and general corporate purposes.
ChronoScale Holdings Corporation completed the sale of Ekso Bionics, terminated Jason C. Jones with a $243,750 severance payment, and expanded AI infrastructure agreements providing for $1 billion in annualized run-rate revenue by calendar Q3 2027.
ChronoScale Holdings Corporation will hold a virtual annual meeting on November 6, 2026, to elect eight directors, ratify CBIZ CPAs P.C., approve executive compensation and restricted stock awards, and authorize possible adjournment.