3 E Network Technology Group Limited Raises $1.5 Million in Convertible Promissory Note Offering

3 E Network Technology Group Limited has closed a US$1.5 million convertible promissory note offering, with proceeds of $1.38 million. The note is convertible into Class A ordinary shares and was offered to an institutional investor. The company plans to file a registration statement with the SEC within five business days of its annual report filing. The offering was made pursuant to a Securities Purchase Agreement and Registration Rights Agreement.