3 E Network Technology Group Ltd

3 E Network Technology Group Ltd(MASK)資訊與事件

$1.380

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MASK 資訊

MASK 事件

9/2 08:00

3 E Network Technology Completes $1M Private Placement

3 E Network Technology entered into a subscription agreement with 3 E Network Technology PTE. LTD., a company incorporated under the laws of Singapore and controlled by Tingjun Yang, the company's CEO and a director, for a private placement of an aggregate of 701,272 Class A ordinary shares, par value $0.0025 per share, of the company, at a purchase price of $1.42598 per share, representing aggregate gross cash proceeds to the company of $1M. The closing of the private placement will take place on such date as the parties may mutually agree in writing, subject to customary closing conditions. The Class A shares to be issued and sold under the subscription agreement will not be registered under the Securities Act of 1933, as amended, in reliance on the exemption from registration provided by Section 4 of the Securities Act and/or Rule 506 of Regulation D promulgated thereunder. The company relied on such exemption from registration based in part on representations made by the Investor. The Class A Shares may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Because the investor is controlled by Yang, the company's CEO and a director, the investor's subscription in the private placement constitutes a related-party transaction under Nasdaq Listing Rule 5630. The audit committee of the board of directors, consisting entirely of independent directors, reviewed and approved the private placement and recommended that the board of directors approve the private placement and the transactions contemplated by the subscription agreement. The board of directors subsequently approved the private placement and the transactions contemplated by the subscription agreement. The foregoing description of the subscription agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the subscription agreement. No placement agent or underwriter was engaged in connection with the private placement, and no placement agent fees, finder's fees or commissions are payable.

8/12 09:30

3E Network Completes Initial Architecture Specification for Next-Gen Storage Controller

3 E Network announced that its next-generation customized storage controller, designed to address the concurrent data throughput demands of AI large models, has successfully completed the initial system-level architecture specification. Concurrently, the team has preliminarily validated its core data flow algorithmic through software simulation. The R&D team completed a Version 1.0 system-level specification for the storage controller, setting out the preliminary engineering requirements and functional parameters for the detailed circuit design phase. The specification sets out a proposed framework for supporting high-speed bus standards, including customized interface logic designed to support PCIe and CXL standards, and a preliminary routing strategy intended to reduce latency for the Memory Management Unit. With the initial shaping of the system-level architectural design, the chip R&D team has entered a more detailed micro-architecture design phase and has begun the highly complex register transfer level front-end logic coding.

7/27 17:00

Company Offers Sale of 15.4M Class A Ordinary Shares

This filing relates to the offer and sale from time to time by the selling stockholders of up to 15.4M Class A ordinary shares. The company is not selling any shares under this prospectus and will not receive any of the proceeds from the sale of shares by the selling stockholders.

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