ChronoScale Corporation entered into an unsecured Demand Grid Promissory Note with Applied Digital Corporation on June 26, 2026, providing a maximum principal amount of $100,000,000 in a line of credit. The note is non-convertible and interest is payable at the short-term Applicable Federal Rate compounded semiannually. The Lender and its subsidiary hold approximately 96% of the Company's common stock. ChronoScale Corporation operates in the technology sector and provides computing or data infrastructure services.
