Financing ·
On September 2, 2026, 3 E Network Technology Group Limited entered into a subscription agreement for a private…
MASK3 E Network Technology Group Ltd
On September 2, 2026, 3 E Network Technology Group Limited entered into a subscription agreement for a private placement of 701,272 Class A ordinary shares to 3E NETWORK TECHNOLOGY PTE. LTD., an entity controlled by CEO Dr. Tingjun Yang. The shares were sold at $1.42598 per share, generating aggregate gross proceeds of $1,000,000. This transaction constitutes a related-party transaction under Nasdaq Listing Rule 5630 and was approved by the independent Audit Committee and Board of Directors. Net proceeds will be used for working capital and general corporate purposes to support growth strategy and AI infrastructure expansion. The company operates in the business-to-business information technology sector, providing IT solutions and data center services with a focus on artificial intelligence infrastructure.