BUZZ-Ekso Bionics rise as merger with Applied Digital unit nears

Reuters12-30 17:50
BUZZ-<a href="https://laohu8.com/S/EKSO">Ekso Bionics</a> rise as merger with <a href="https://laohu8.com/S/APLD">Applied Digital</a> unit nears

** Shares of medical device maker Ekso Bionics EKSO.O rise 32.8% to $7.25 premarket

** Data center operator Applied Digital APLD.O to spin out its cloud business and proposes Ekso to merge with them to form ChronoScale, a platform designed for AI computing

** APLD shares up 1.9%

** Upon the transaction's close, 97% of the combined co to be owned by APLD

** The transaction is expected to close in the first half of 2026

** Up to last close, EKSO down 40.33% YTD

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com;))

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