Dividends & Buybacks ·
Board approves further 2-for-1 consolidation resulting in cumulative 4-for-1 reverse split effective Oct. 30
MASK3 E Network Technology Group Ltd
The board of directors approved a further 2-for-1 share consolidation, combining with a previously announced 2-for-1 consolidation to create a cumulative 4-for-1 reverse stock split. Every four ordinary shares outstanding prior to these consolidations will convert into one issued and outstanding ordinary share without shareholder action. Fractional shares resulting from the consolidation will be rounded up to the next whole number. The company's Class A ordinary shares will begin trading on a post-consolidation basis when the market opens on October 30, 2026, under the symbol MASK on the Nasdaq Capital Market. This corporate action adjusts the par value of shares from US$0.0025 to US$0.01 and reduces the authorized share capital structure accordingly. 3 E Network Technology Group Limited is a business-to-business information technology solutions provider focused on AI infrastructure, data center operations, and software development.