3E Network amends $7.4 million convertible notes offering terms

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3 E Network Technology Group Limited Announces Amendment to Its $7.4 Million Convertible Notes Offering

October 15, 2025 7:30 AM EDT

HONG KONG, Oct. 15, 2025 (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, today announced the amendments to its previously announced private placement (the Offering) of senior convertible secured notes (the Notes).

The Offering, originally announced on June 9, 2025, provided for three tranches of Notes and Warrants with a total principal amount of $7.4 million. Today, the Company and the Investor entered into a letter agreement (the Letter Agreement) to amend the Securities Purchase Agreement dated June 9, 2025. Pursuant to the... More