6-K - 3 E Network Technology Group Ltd Class A Ordinary Shares | StockGist

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3 E Network Technology Group Limited entered into a Purchase Agreement dated February 11, 2026, with an institutional investor, establishing an equity line of credit facility allowing the Company to sell up to US$20 million of Class A ordinary shares from time to time. This provides flexible access to capital for general corporate purposes over a 24-month term.

Key Takeaways

1Entered ELOC Purchase Agreement on February 11, 2026 with institutional investor

2Facility allows sales of up to US$20 million Class A ordinary shares (Nasdaq: MASK)

3Company has right, not obligation, to issue shares via Advance Notices

424-month Commitment Period with pricing based on VWAP during Pricing Period

5Includes issuance of Commitment Shares equal to 2% of Commitment Amount

6Proceeds for general corporate purposes including working capital and project development

Current Report Details

Event Type

Securities Issuance

Disclosure

Voluntary

Variant

6-K

Items Reported

6-K

Current Report on Form 6-K

Securities Issuance

$20.0M

Transaction Details

Material Agreement

Agreement: Purchase Agreement
Parties: 3 E Network Technology Group Limited, Investor

•Up to US$20 million Commitment Amount of Class A ordinary shares
•24-month Commitment Period
•Commitment Shares equal to 2% of Commitment Amount
•Advance Notices for share purchases
•Pricing based on VWAP during Pricing Period (longer of 10 Trading Days or until 700% Daily Traded Value threshold)
•Maximum Advance Amount lower of 100% of 5-day average Daily Traded Value or US$1,000,000
•Reliance on Section 4(a)(2) of Securities Act
•Proceeds for general corporate purposes, working capital, project development

Exhibits (3)

10.1

EXHIBIT10.1

6-K

FORM 6-K

99.1

EXHIBIT 99.1