{"id":85336,"date":"2026-09-21T13:32:00","date_gmt":"2026-09-21T13:32:00","guid":{"rendered":"https:\/\/english.saigonbiz.com\/vn\/?p=85336"},"modified":"2026-09-22T00:34:26","modified_gmt":"2026-09-22T00:34:26","slug":"3-e-network-announces-closing-of-1-0-million-private-placement-with-ceo-affiliated-entity","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/3-e-network-announces-closing-of-1-0-million-private-placement-with-ceo-affiliated-entity\/","title":{"rendered":"3 E Network Announces Closing of $1.0 Million Private Placement with CEO-Affiliated Entity"},"content":{"rendered":"<p align=\"justify\">HONG KONG, Sept.  21, 2026  (GLOBE NEWSWIRE) &#8212; 3 E Network Technology Group Limited (Nasdaq: MASK) (the \u201cCompany\u201d or \u201c3 E Network\u201d), a business-to-business (\u201cB2B\u201d) information technology (\u201cIT\u201d) business solutions provider, committed to becoming a next-generation artificial intelligence (\u201cAI\u201d) infrastructure solutions provider, today announced the closing of its previously announced $1.0 million private placement with an entity affiliated with the Company\u2019s Chief Executive Officer. The Company has received the proceeds from the private placement.<\/p>\n<p align=\"justify\">The Company announced the transaction in early September. The closing and funding of this private placement underscore the CEO\u2019s and management\u2019s ongoing commitment to the Company\u2019s AI strategy and its long-term business objectives.<\/p>\n<p align=\"justify\">The Company intends to use the net proceeds to support the ongoing research, development, and commercialization of its integrated hardware and software solutions, supplement working capital, and recruit technical personnel.<\/p>\n<p align=\"justify\">\u201cThe proceeds provide additional resources for our planned development activities,\u201d stated Dr. Tingjun Yang, Chief Executive Officer of 3 E Network. \u201cWe intend to use this capital to advance our AI development plans, implement our business roadmap, and work toward generating long-term value for our shareholders.\u201d<\/p>\n<p align=\"justify\"><strong>About 3 E Network Technology Group Limited<\/strong><br \/>3 E Network Technology Group Limited is a business-to-business (\u201cB2B\u201d) information technology (\u201cIT\u201d) business solutions provider committed to becoming a next-generation artificial intelligence (\u201cAI\u201d) infrastructure solutions provider. It upholds the industry consensus of \u201cAI and energy symbiosis\u201d and has a strong vision in the field of energy investment. The Company\u2019s business comprises two main portfolios: the data center operation services portfolio and the software development portfolio. For more information, please visit the Company\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3uSyg8piW_l0fM2zoUgUBvPJ5TdRUZUU6-6pAVylITNOOkf4aXbSzjRGtmM7vGU8QUNVcb-ISOi_VfWkFttwDx_3IJlWozT0rhTtRmO5yfs=\" rel=\"nofollow\" target=\"_blank\" title=\"\">https:\/\/3emask.com\/<\/a>.<\/p>\n<p align=\"justify\"><strong>Forward-Looking Statements<\/strong><br \/>Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company\u2019s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as \u201capproximates,\u201d \u201cassesses,\u201d \u201cbelieves,\u201d \u201chopes,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cestimates,\u201d \u201cprojects,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cmay\u201d or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect the Company\u2019s future results in the Company\u2019s registration statement and other filings with the U.S. Securities and Exchange Commission.<\/p>\n<p align=\"justify\"><strong>For more information, please contact:<\/strong><\/p>\n<p align=\"justify\"><strong>3 E Network Technology Group Limited<\/strong><br \/>Investor Relations Department<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=oKy5P_JASzHQQvH8PVV0IMqzoaTJB8rmoWan7upjuZJYG07hvnknzTV3OmYReXx_hZTgc59d6DSc5HQrEw92EQ==\" rel=\"nofollow\" target=\"_blank\" title=\"ird@3emask.com\">ird@3emask.com<\/a><br \/>Website: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3uSyg8piW_l0fM2zoUgUBnFL-H-j8Ln_2RlZyPl5HMzKkUEkspJfHUeML03pcih-EskdDe4LJBvXUUqAZ8rooakvPvGjEBhiGUjumbvSzoQ=\" rel=\"nofollow\" target=\"_blank\" title=\"\">https:\/\/3emask.com\/<\/a><\/p>\n<p><img alt=\"\" src='https:\/\/ml.globenewswire.com\/media\/MjRiN2EyZjYtNGYxMi00ZDhkLTgzNjAtNjBkYmNkZDg2NDdhLTEzMTc0MDMtMjAyNi0wOS0yMS1lbg==\/tiny\/3E-Network-Technology-Group-Li.png' referrerpolicy='no-referrer-when-downgrade' \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG, Sept. 21, 2026 (GLOBE NEWSWIRE) &#8212; 3 E Network Technology Group Limited (Nasdaq: MASK) (the \u201cCompany\u201d or \u201c3 E Network\u201d), a business-to-business (\u201cB2B\u201d) information technology (\u201cIT\u201d) business solutions provider, committed to becoming a next-generation artificial intelligence (\u201cAI\u201d) infrastructure solutions provider, today announced the closing of its previously announced $1.0 million private placement with [&#8230;]\n","protected":false},"author":1,"featured_media":85254,"comment_status":"open","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-85336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globe-newswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.6 (Yoast SEO v21.6) - 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