Company: MASK
Filing Date: 2025-01-10
Form Type: 424B4
Source: 0001213900-25-002376
Chunk: 13

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-01-10
Form: 424B4
Chunk 13
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writers do not exercise its over -allotmentoption. For more information, see “Underwriting” on page 137 in this prospectus. (2)In addition to the underwriting discounts and commissions listed above, we have agreed to pay the underwriters, by deduction from the net proceeds of this offering contemplated herein, a non -accountableexpense allowance equal to one and a half percent (1.5%) of the gross proceeds and reimburse the underwriters for certain expenses incident to this offering. See the section titled “Underwriting” beginning on page 137 of this prospectus for additional disclosure regarding underwriter compensation and offering expenses.

(3)We expect our total cash expenses for this offering (including cash expenses payable to our underwriters for its out -of -pocketexpenses) not to exceed $2.0million, exclusive of the above discounts and commissions. For a detailed description of the compensation to be received by the underwriters, see “Underwriting” on page 137 in this prospectus. This offering is being conducted on a firm commitment basis. The underwriters are obligated to purchase and pay for all of the Class A Ordinary Shares if any such Class A Ordinary Shares are purchased. We have granted the underwriters an option for a period of 45 days after the effective date of this registration statement to purchase up to 15% of the total number of the Class A Ordinary Shares to be offered by us pursuant to this offering (excluding Class A Ordinary Shares subject to this option), solely for the purpose of covering over -allotments, if any, at the public offering price less the underwriting discounts. If the underwriters exercise the option in full, and assuming an offering price of US$4.00 per Class A Ordinary Share, the total gross proceeds to us, before underwriting discounts and expenses, will be $5,750,000. We have agreed to grant the underwriters warrants to purchase Class A Ordinary Shares equal to five percent (5%) of the total number of Class A Ordinary Shares sold in the offering, exercisable upon the closing of the offering, at a price of 100% of the public offering price of the Class A Ordinary Shares offered in this offering. The registration statement of which this prospectus is a part covers the Class A Ordinary Shares issuable upon the exercise of the warrants. See “Underwriting” beginning on page 137 of this prospectus for additional information. The underwriters expect to deliver the shares to purchasers in the offering on or about January10,