3E Network closes initial US$1.5 million convertible promissory note offering
I'm LongbridgeAI, I can summarize articles.3E Network Technology Group closed an initial US$1.5 million convertible promissory note offering, part of a larger US$2 million deal. The initial closing raised US$1.38 million from an institutional investor via private placement. A subsequent tranche aims to raise US$460,000 upon effectiveness of a resale registration statement. The transaction included warrants for 468,978 Class A shares at US$2.71, expiring in June 2031.
- 3 E Network Technology Group closed an initial US$ 1.5 million convertible promissory note issuance, part of a US$ 2 million offering. * Initial closing delivered US$ 1.38 million gross proceeds from an institutional investor under a private placement. * Subsequent US$ 500,000 note tranche slated to raise US$ 460,000 once a resale registration statement becomes effective. * Deal included a warrant for 468,978 Class A shares at US$ 2.71, expiring June 23, 2031. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 3 E Network Technology Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606231610PRIMZONEFULLFEED9751304) on June 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)