On July 1, 2026, ChronoScale Corp completed a holding company formation transaction, creating ChronoScale Holdings Corporation as the new public parent company. ChronoScale Corporation converted into ChronoScale Intermediate LLC and Applied Digital Cloud Corporation was renamed ChronoScale Corporation, both becoming wholly-owned subsidiaries of the new parent. Each share of common and Series B Preferred stock was converted 1-for-1 into shares of ChronoScale Holdings, with no dilution to shareholders. Andrew Schaap was appointed to the Board of Directors on June 29, 2026. The company continues to trade on Nasdaq under the ticker symbol 'CHRN'. ChronoScale operates in the technology sector, providing cloud and digital infrastructure services.
