3 E Network Technology Group Ltd Announces Convertible Note Offering

On October 17, 2025, 3 E Network Technology Group Limited entered into a Securities Purchase Agreement with an institutional investor to issue a convertible promissory note in the principal amount of $1,500,000. The note is convertible into Class A ordinary shares of the company, with aggregate gross proceeds of $1,380,000. Concurrently, the company and the investor entered into a Registration Rights Agreement, requiring the company to file a registration statement within five business days of filing its annual report on Form 20-F. The company also entered into a Guarantee Agreement with its subsidiaries to secure the transactions. The offering was closed on the same date, and the company issued a press release announcing the closing.