3 E Network Enters ELOC Agreement for Up to $20 Million with Institutional Investor
3 E Network Technology Group Ltd - Class A Ordinary Shares (MASK)
Company Research
Source: GlobeNewswire
HONG KONG, Feb. 13, 2026 (GLOBE NEWSWIRE) -- 3 E Network Technology Group Limited (Nasdaq: MASK, "3 E" or the "Company"), a business-to-business ("B2B") information technology ("IT") business solutions provider advancing toward next-generation artificial intelligence ("AI") infrastructure solutions, announced that, on February 11, 2026, it entered into a securities purchase agreement (the "ELOC Purchase Agreement") with an institutional investor (the "Investor"), pursuant to which the Company has the right, but not the obligation, to issue and sell, from time to time, Class A ordinary shares of the Company to the Investor for aggregate gross proceeds of up to US$20 million, representing an equity line of credit facility (the "ELOC"). Pursuant to the ELOC Purchase Agreement, the Company may, at its discretion, deliver one or more purchase notices to the Investor from time to time, requiring the Investor to purchase a specified number of ordinary shares, subject to the satisfaction o
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MASK
Sec Filings
- 2/13/26 - Form 6-K
- 1/9/26 - Form 6-K
- 1/9/26 - Form EFFECT
- MASK's page on the SEC website