3 E Network Technology Group Announces $7.4 Million Convertible Notes Offering

An update from 3 E Network Technology Group Ltd. Class A ( (MASK) ) is now available.

On June 9, 2025, 3 E Network Technology Group Limited announced a private placement offering of up to $7.4 million in senior secured convertible notes and accompanying warrants to an institutional investor. The offering is structured in three tranches, with the first tranche involving up to $2.2 million in notes and related warrants. The company also entered into a Registration Rights Agreement to facilitate the resale of shares issuable upon conversion of the notes and exercise of the warrants. This financial maneuver aims to bolster the company’s market positioning and provide liquidity for its ongoing operations, potentially impacting its stakeholders by enhancing its capital structure and market capitalization.

More about 3 E Network Technology Group Ltd. Class A

3 E Network Technology Group Limited is a business-to-business (B2B) information technology (IT) business solutions provider. The company, through its subsidiaries Guangzhou Sanyi Network and Guangzhou 3E Network, offers integrated software and hardware solutions for property management and exhibition services. Over time, it has expanded its software solutions to serve sectors such as food establishments, real estate, exhibition and conferencing, and clean energy utilities. The company’s operations are divided into two main portfolios: software development and exhibition and conference services.

Average Trading Volume: 53,369

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