Company: MASK
Filing Date: 2025-01-10
Form Type: 424B4
Source: 0001213900-25-002376
Chunk: 12

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-01-10
Form: 424B4
Chunk 12
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 our issued and outstanding share capital immediately following the completing of this offering, assuming the underwriter does not exercise the option to purchase additional Class A Ordinary Shares. As such, Mr.Law will control matters subject to a vote by 3e Network’s shareholders, and we will be a “controlled company” as defined under the Nasdaq Stock Market Rules. As a “controlled company,” 3e Network is permitted to elect not to comply with certain corporate governance requirements. Although we currently do not intend to rely on the “controlled company” exemption for at least one year after the Offering, we may elect to rely on this exemption in the future. If we rely on these exemptions in the future, you will not have the same protection afforded to shareholders of companies that are subject to these corporate governance requirements. See “ Prospectus Su mmary — Implications of Being a Controlled Company” on page 20 for additional information. We are an “emerging growth company” as defined under the federal securities laws and will be subject to reduced public company reporting requirements. See “Risk Factors — Risks Related to This Offering and Our Class A Ordinary Shares — As an “emerging growth company” under the Jumpstart Our Business Startups Act, or JOBS Act, we are permitted to, and intend to, rely on exemptions from certain disclosure requirements.” and “Prospectus Summary — Implications of Being an “Emerging Growth Company” on pages 60 and 19 of this prospectus, respectively. Neither the Securities and Exchange Commission nor any state securities commission nor any other regulatory body has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

|                                               |     | Per Share |      |     | Total |           |
|:----------------------------------------------|:----|:----------|-----:|:----|:------|----------:|
| Public offering price(1)                      |     | $         | 4.00 |     | $     | 5,000,000 |
| Underwriter discounts and commissions (7%)(2) |     | $         | 0.28 |     | $     |   350,000 |
| Proceeds to us, before expenses(3)            |     | $         | 3.72 |     | $     | 4,650,000 |

____________ (1)Initial public offering price per share is US$4.00 per share. The table above assumes that the under