3 E Network Technology Group Ltd (MASK) Form 6-K — Sep 11, 2026
On September 3, 2026, 3e Network Technology Holdings Limited, a wholly owned subsidiary of 3 E Network Technology Group Limited, entered into a Share Subscription Agreement with hashbeaver tech Limited to subscribe for 1,600,000 ordinary shares of the Target for total consideration of US$1,600,000. The subscription price was set based on a post-investment valuation of hashbeaver tech Limited at US$31,600,000. Payment is due within thirty days of the agreement date, and upon completion and update of the Target's Register of Members, the Company will hold 9.7% of the Target's enlarged issued share capital.
Key figures
- Deal Value Usd
- 1600000
- Agreement date
- 2026-09-03
- Payment window days
- 30
- Subscription shares
- 1600000
- Pro forma stake percent
- 9.7%
- Post investment valuation target usd
- 31600000
AI analysis
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