Company: MASK
Filing Date: 2025-01-10
Form Type: 424B4
Source: 0001213900-25-002376
Chunk: 219

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-01-10
Form: 424B4
Chunk 219
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 126 SHARES ELIGIBLE FOR FUTURE SALE Before our initial public offering, there has not been a public market for our Class A Ordinary Shares, and though our Class A Ordinary Shares have been approved for listing on Nasdaq Capital Market, a regular trading market for our Class A Ordinary Shares may not develop. Future sales of substantial amounts of shares of our Class A Ordinary Shares in the public market after our initial public offering, or the possibility of these sales occurring, could cause the prevailing market price for our Class A Ordinary Shares to fall or impair our ability to raise equity capital in the future. Upon completion of this offering, assuming the underwriters do not exercise their over -allotmentoption, we will have 11,250,000 Class A Ordinary Shares and no Class B Ordinary Share issued and outstanding. All of the Class A Ordinary Shares sold in this offering will be freely transferable by persons other than our “affiliates” without restriction or further registration under the Securities Act. Lock-Up Agreements We have agreed not to, subject to certain exceptions set forth in the underwriting agreement, from the date of execution of the underwriting agreement and continuing for a period of six (6) months from the date on which the trading of the Class A Ordinary Shares on Nasdaq commences, (i) offer, pledge, announce the intention to sell, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of, directly or indirectly, or file with the SEC a registration statement under the Securities Act relating to, any Class A Ordinary Shares or any securities convertible into or exercisable or exchangeable for Class A Ordinary Shares, or (ii) enter into any swap or other agreement that transfers, in whole or in part, any of the economic consequences of ownership of the Class A Ordinary Shares or any such other securities, without the prior written consent of the representatives of the underwriters. Furthermore, each of our directors, executive officers, and principal shareholders (5% or more shareholders) of our Class A Ordinary Shares has also entered into a similar lock -upagreement for a period of six (6) months from the effective date of this registration statement, subject to certain exceptions, with respect to our Class A Ordinary Shares and securities that are substantially similar to our Class A Ordinary Shares. See “Underwriting” for more information. We are not aware of any plans by any significant shareholders to dispose of significant numbers of