Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 204

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 204
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,250,000 Class A Ordinary Shares unrestricted and freely tradable as of the date of this prospectus and the 1,248,611
Pre-Delivery Shares delivered to the Selling Shareholder pursuant to the Securities Purchase Agreement.

The
third column lists the Class A Ordinary Shares being offered by this prospectus by the Selling Shareholder and does not take in
account any limitations on conversion of the shares underlying Convertible Notes and exercise of the Warrants set forth therein.

Under
the terms of the Convertible Note, the Warrant and the Securities Purchase Agreement, the Selling Shareholder may not convert the Convertible
Note and exercise the Warrant to the extent (but only to the extent) it or any of its affiliates would beneficially own a number of Class
A Ordinary Shares which would exceed 9.99% of the total Class A Ordinary Shares issued and outstanding as of the date of conversion.
The number of shares in the second column reflects these limitations. The Selling Shareholder may sell all, some or none of its shares
in this offering. See “Plan of Distribution”.

| Name of Selling Shareholder                 |     | Number of 
 Class A   
 Ordinary  
 Shares    
 Owned     |           |     | Percentage of 
 Class A       
 Ordinary      
 Shares        
 Owned         |      |   |     | Maximum       
 Number of     
 Class A       
 Ordinary      
 Shares to     
 be Registered 
 Hereby*       |            |
| L1 Capital Global Opportunities Master Fund |     |           | 1,248,611 |     |               | 9.99 | % |     |               | 16,128,681 |

| * | Represents the total number of Class A Ordinary Shares underlying the Convertible Notes, the Warrants                                
 the 1,248,611 Pre-Delivery Shares and the pre-funded warrants to purchase an additional 213,389 Pre-Delivery Shares owned by the     
 Selling Shareholder, assuming full conversion of the Convertible Notes and full exercise of the Warrants offered hereby, including   
 Class A Ordinary Shares underlying the Convertible Notes and Warrants which are subject to a 9.99% beneficial ownership limitation.  
 David Feldman and Joel Arber are the Directors of L1 Capital Global Opportunities Master Fund. As such they may be deemed to be      
 beneficial owners of such Class A ordinary shares. To the extent Mr. Feldman and Mr. Arber are deemed to beneficially own such       
 securities, Mr. Feldman and Mr. Arber disclaim beneficial ownership of these