3 E Network Technology Group Limited Announces Closing of US$1.5 Million Convertible Promissory Note Offering
3 E Network Technology Group Ltd - Class A Ordinary Shares (MASK)
Company Research
Source: GlobeNewswire
HONG KONG, Oct. 20, 2025 (GLOBE NEWSWIRE) -- 3 E Network Technology Group Limited (Nasdaq: MASK) (the “Company” or “3e Network”), a business-to-business (“B2B”) information technology (“IT”) business solutions provider, today announced the closing of offering of a convertible promissory note in the principal amount of $1,500,000 (the “Note”) convertible into Class A ordinary shares of the Company, par value $0.0001 per share (“Shares”) for aggregate gross proceeds of $1,380,000. The Note was offered in a private offering to an institutional investor (the “Investor”) pursuant to a Securities Purchase Agreement (the “Purchase Agreement”). The Company and the Investor also entered into a Registration Rights Agreement, which stipulates that the Company will file a registration statement on Form F-3, or, if the Company is not then eligible to use Form F-3, on Form F-1, or any successor form with the SEC within five business days of the filing of the Company’s annual report on Form 20-F
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News
- 3 E Network Technology Group (NASDAQ:MASK) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- 3 E Network Technology Group Limited Announces Amendment to Its $7.4 Million Convertible Notes OfferingGlobeNewswire
- 3 E Network Technology Group Limited Receives Nasdaq Notification Regarding Minimum Bid Price DeficiencyGlobeNewswire
- 3 E Network Technology Group (NASDAQ:MASK) had its "sell (e)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- 3 E Network Technology Group (NASDAQ:MASK) had its "sell (e)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
MASK
Sec Filings
- 12/4/25 - Form EFFECT
- 12/2/25 - Form POS
- 11/25/25 - Form F-1
- MASK's page on the SEC website