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3E Network Technology Group Limited Completes Nasdaq IPO


3 E Network Technology Group Limited, a B2B IT business solutions provider based in Guangzhou, China, announced the closing of its IPO on the Nasdaq Capital Market under the ticker symbol “MASK.” The Company raised $5.00 million from the offering of 1,250,000 Class A ordinary shares at a public offering price of $4.00 per share. Proceeds will be used for business expansion, general working capital, research and development, and talent development. The offering was conducted on a firm commitment basis with Craft Capital Management LLC and Boustead Securities, LLC acting as the underwriters.

3 E Network offers integrated software and hardware solutions for property management, exhibition services, food establishments, real estate, and clean energy utilities through its subsidiaries. The Company’s business includes software development and exhibition and conference portfolios.

A registration statement on Form F-1 was filed with the SEC and declared effective on December 20, 2024. The underwriters have the option to purchase additional Class A ordinary shares. Interested investors can obtain copies of the final prospectus from Craft Capital Management LLC or Boustead Securities, LLC, or via the SEC’s website.

This press release serves as a warning that forward-looking statements involve risks and uncertainties, and the Company cannot guarantee that expectations will be met. Investors are advised to review factors that may affect future results in the Company’s filings with the SEC. For more information, contact the Investor Relations Department at 3 E Network Technology Group Limited via email at ird@3ekeji.cn.

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