HONG KONG, Feb. 13, 2026 – 3 E Network Technology Group Limited (Nasdaq: MASK, “3 E” or the “Company”), a business-to-business (“B2B”) information technology (“IT”) business solutions provider moving towards next-generation artificial intelligence (“AI”) infrastructure solutions, announced that on February 11, 2026, it entered into a securities purchase agreement (the “ELOC Purchase Agreement”) with an institutional investor (the “Investor”). Under this agreement, the Company has the right, but not the obligation, to issue and sell Class A ordinary shares of the Company to the Investor from time to time, with aggregate gross proceeds of up to US$20 million, representing an equity line of credit facility (the “ELOC”).
According to the ELOC Purchase Agreement, the Company can, at its option, send one or more purchase notices to the Investor from time to time, asking the Investor to buy a specific number of ordinary shares, subject to the fulfillment of the usual conditions precedent stated in the ELOC Purchase Agreement, including an effective resale registration statement for the Investor’s resale of the shares. The purchase price for any ordinary shares sold under the ELOC will be determined according to the pricing provisions in the ELOC Purchase Agreement, which are based on the market price of the Company’s ordinary shares during the relevant measurement period.
The ELOC gives the Company flexible access to capital over the 24-month term of the facility. The proceeds from any sales of ordinary shares under the ELOC can be used by the Company for general corporate purposes, such as working capital, project development, production financing, and other strategic initiatives.
About 3 E Network Technology Group Limited
3 E Network Technology Group Limited is a business-to-business (“B2B”) information technology (“IT”) business solutions provider, aiming to become a next-generation artificial intelligence (“AI”) infrastructure solutions provider. It adheres to the industry consensus of “AI and energy symbiosis” and has great vision in the field of energy investment. The Company’s business consists of two main portfolios: the data center operation services portfolio and the software development portfolio. For more information, please visit the Company’s website at https://3emask.com/.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may impact its financial condition, results of operations, business strategy, and financial needs. Investors can recognize these forward-looking statements by words or phrases like “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company has no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee that such expectations will be correct, and the Company warns investors that actual results may differ significantly from the expected results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
3 E Network Technology Group Limited
Investor Relations Department
Email: ird@3emask.com
Website: https://3emask.com/
