3E Network CEO buys $1M stake via private placement

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Go back to 3E Network CEO buys $1M stake via private placement

3 E Network CEO Continues to Increase His Stake, Reflecting Confidence in the Company’s AI Strategy and Operational Results

September 3, 2026 7:50 AM EDT

HONG KONG, Sept. 03, 2026 (GLOBE NEWSWIRE) -- 3 E Network Technology Group Limited (Nasdaq: MASK) (the Company or 3 E Network), a business-to-business (B2B) information technology (IT) business solutions provider, committed to becoming a next-generation artificial intelligence (AI) infrastructure solutions provider, today announced that it has entered into a securities purchase agreement with an entity controlled by its Chief Executive Officer, Dr. Tingjun Yang. Under the agreement, the Company will conduct a $1 million private placement with the entity.

The proceeds from this private placement will be used for general working capital purposes to support the Companys... More