3 E Network Technology Group Limited Announces Initial Closing of $2 Million Convertible Promissory Note Offering
3 E Network Technology Group Ltd - Class A Ordinary Shares (MASK)
Company Research
Source: GlobeNewswire
HONG KONG, Dec. 19, 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 with the inspiration to become a next-generation artificial intelligence (“AI”) infrastructure solutions provider, today announced the closing of offering of a convertible promissory note of $2 million in aggregate principal amount. The Note was offered in a private offering to an institutional investor (the “Investor”) pursuant to a Securities Purchase Agreement (the “Purchase Agreement”). The Purchase Agreement provides for an initial 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 as to the initial Closing, and a subsequent closing of an additional $500,000 of principal amount of Note in exchange for an additional $460,000 of gross
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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 Closing of US$1.5 Million Convertible Promissory Note OfferingGlobeNewswire
- 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
MASK
Sec Filings
- 12/19/25 - Form 6-K
- 12/8/25 - Form EFFECT
- 12/4/25 - Form EFFECT
- MASK's page on the SEC website