3 E Network closes $1.38M convertible note offering on Nasdaq

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Go back to 3 E Network closes $1.38M convertible note offering on Nasdaq

3 E Network Technology Group Limited Announces Initial Closing of US$2 Million Convertible Promissory Note Offering

June 23, 2026 4:10 PM EDT

HONG KONG, June 23, 2026 (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 in the initial principal amount of $1,500,000 (the Note) convertible into Class A ordinary shares of the Company, par value $0.0025 per share (Shares), together with a Class A ordinary shares purchase warrant (Warrant) to purchase up to 468,978 Shares, for aggregate gross proceeds of $1,380,000 as to the initial... More