3 E Network Technology Group (MASK) Company Report

Analyst Coverage

Research analysts covering 3 E Network Technology Group.

Recent press releases and 8-K filings for MASK.

3 E Network Accelerates AI Computing Infrastructure Deployment in Finland

MASK

New Projects/Investments

3 E Network Technology Group is accelerating its strategic deployment in the Nordic region, specifically Finland, to commence construction and phased delivery of high-density computing infrastructure designed for AI and high-performance computing (HPC) workloads.
The initiative leverages Finland’s highly reliable and low-carbon power grid, which benefits from a diversified energy mix including nuclear, hydroelectric, and wind generation, providing a stable energy environment for continuous, high-availability AI operations.
The planned infrastructure is designed to support rack power densities of approximately 50kW to 100kW and aims for enhanced energy efficiency by utilizing Finland's cool climate and advanced liquid-cooling technologies.
Dr. Tingjun Yang, CEO of 3 E Network, stated that Finland was selected due to its stable, diversified, and low-carbon energy environment, allowing the company to focus on integrating advanced computing and cooling technologies with an established power grid.

Jan 20, 2026, 1:00 PM

3 E Network Technology Group Ltd Announces Closing of Convertible Promissory Note Offering

MASK

Debt Issuance

Convertible Preferred Issuance

3 E Network Technology Group Limited (MASK) announced the closing of a convertible promissory note offering on October 17, 2025.
The note has a principal amount of $1,500,000 and generated aggregate gross proceeds of $1,380,000.
The offering was made in a private placement to an institutional investor.
The company will file a registration statement with the SEC to cover the resale of shares issuable upon conversion of the note, within five business days of filing its annual report on Form 20-F for the fiscal year ended June 30, 2025.

Oct 20, 2025, 9:00 PM

3 E Network Technology Group Ltd Amends Convertible Notes Offering

MASK

Debt Issuance

Convertible Preferred Issuance

3 E Network Technology Group Ltd (MASK) announced on October 15, 2025, amendments to its previously announced convertible notes offering.
The amendments establish a Floor Price of $0.63 for the conversion of the remaining portion of the First Tranche Note and for the exercise of the Warrant.
The second and third tranches of the original $7.4 million offering, which were part of the Securities Purchase Agreement dated June 9, 2025, have been cancelled and are null and void.
Of the First Tranche's $2.2 million principal amount, $2,050,000 has already been converted, leaving $150,000 outstanding.

Oct 15, 2025, 11:45 AM

3 E Network Technology Group Limited Receives Nasdaq Minimum Bid Price Deficiency Notice

MASK

Delisting/Listing Issues

3 E Network Technology Group Limited (Nasdaq: MASK) received a deficiency letter from Nasdaq on September 25, 2025, because its ordinary shares did not maintain a minimum bid price of $1.00 per share over the 30 consecutive business days between August 13, 2025, and September 24, 2025.
The company has a compliance period of 180 calendar days, until March 24, 2026, to regain compliance with Nasdaq Listing Rule 5550(a)(2).
To regain compliance, the closing bid price of the ordinary shares must reach or exceed $1.00 per share for a minimum of 10 consecutive business days.
The company's business operations are not affected by the receipt of this notification.

Sep 29, 2025, 8:47 PM

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