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 Closing. The Note and the Warrant were offered in a private offering to an institutional investor (the “Investor”) pursuant to a Securities Purchase Agreement (the “Purchase Agreement”).
