STOCK TITAN

3 E Network to invest $1.6M in hashbeaver tech

3 E Network Technology Group Ltd (MASK), through its wholly owned subsidiary BVI 3e Network Technology Holdings Limited, agreed on September 3, 2026 to enter a Share Subscription Agreement with hashbeaver tech Limited.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

3 E Network Technology Group Ltd (MASK), through its wholly owned subsidiary BVI 3e Network Technology Holdings Limited, agreed on September 3, 2026 to enter a Share Subscription Agreement with hashbeaver tech Limited. The subsidiary will subscribe for 1,600,000 ordinary shares of hashbeaver tech for a total consideration of US$1,600,000, based on a US$31,600,000 post-investment valuation of hashbeaver tech.

Payment is to be completed within 30 days from the Agreement date, after which 3 E Network Technology Group Ltd, through its subsidiary, will hold 9.7% of the enlarged issued share capital of hashbeaver tech.

Positive

  • None.

Negative

  • None.
Subscription consideration US$1,600,000 Total consideration for 1,600,000 Subscription Shares in hashbeaver tech Limited
Subscription Shares 1,600,000 ordinary shares Number of hashbeaver tech Limited shares to be subscribed by BVI 3e Holdings
Post-investment valuation US$31,600,000 Post-investment valuation of hashbeaver tech Limited used to set consideration
Equity stake acquired 9.7% Ownership of enlarged issued share capital of hashbeaver tech Limited after completion
Payment period 30 days Time from September 3, 2026 Agreement date to complete subscription payment
Agreement date September 3, 2026 Date BVI 3e Holdings entered the Share Subscription Agreement
Share Subscription Agreement financial
"entered into a Share Subscription Agreement (the “Agreement”) with hashbeaver tech"
A share subscription agreement is a written contract in which an investor agrees to buy a specific number of a company's shares at an agreed price and under stated conditions. It matters to investors because it spells out who pays what, when shares are issued, and any protections or obligations for both sides—like a detailed purchase order that clarifies ownership, timing and potential dilution risk so investors know exactly how their stake will be created and protected.
post-investment valuation financial
"determined based on a post-investment valuation of the Target at US$31,600,000"
enlarged issued share capital financial
"will hold 9.7% of the enlarged issued share capital of the Target"
forward-looking statements regulatory
"Certain statements in this announcement are forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Safe Harbor Statement regulatory
"Safe Harbor Statement Certain statements in this announcement are forward-looking"
A safe harbor statement is a disclaimer that companies include in their public disclosures to limit legal liability if future results differ from what was forecasted or expected. It acts like a protective shield, helping companies avoid lawsuits if their predictions don’t come true, and gives investors a clearer understanding that certain statements are forward-looking and involve risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did MASK (3 E Network Technology Group Ltd) announce in this Form 6-K?

MASK disclosed that its wholly owned subsidiary entered a Share Subscription Agreement with hashbeaver tech Limited to subscribe for 1,600,000 ordinary shares of hashbeaver tech for a total consideration of US$1,600,000.

What ownership stake will MASK obtain in hashbeaver tech Limited?

Upon completion of the transaction and updating the Target’s Register of Members, MASK, through its subsidiary, will hold 9.7% of the enlarged issued share capital of hashbeaver tech Limited.

What valuation does the MASK investment imply for hashbeaver tech Limited?

The total consideration of US$1,600,000 for the Subscription Shares was determined based on a post-investment valuation of hashbeaver tech Limited at US$31,600,000.

How many shares is MASK’s subsidiary subscribing for in hashbeaver tech?

BVI 3e Network Technology Holdings Limited agreed to subscribe for 1,600,000 ordinary shares of hashbeaver tech Limited, referred to as the Subscription Shares.

When must MASK’s subsidiary pay the subscription price for the hashbeaver tech shares?

BVI 3e Network Technology Holdings Limited must complete payment of the US$1,600,000 subscription price within 30 days from the September 3, 2026 Agreement date.

Does MASK include any forward-looking statements in this 6-K filing?

Yes. The company includes a Safe Harbor Statement noting that certain statements are forward-looking statements, subject to known and unknown risks and uncertainties, and may differ materially from actual results.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026

 

Commission file number: 001-42466

 

3 E NETWORK TECHNOLOGY GROUP LIMITED

(Exact name of registrant as specified in its charter)

 

No.118 Connaught Road West, 3003-2

Hong Kong, China, 999077

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F Form 40-F

 

 

 

 

 

 

Entry into a Material Definitive Agreement

 

On September 3, 2026, 3e Network Technology Holdings Limited (“BVI 3e Holdings”), a wholly owned subsidiary of 3 E Network Technology Group Limited (the “Company”), entered into a Share Subscription Agreement (the “Agreement”) with hashbeaver tech Limited (the “Target”), pursuant to which BVI 3e Holdings agreed to subscribe for, and the Target agreed to issue and allot 1,600,000 ordinary shares of the Target (the “Subscription Shares”). The total consideration for the Subscription Shares is US$1,600,000, determined based on a post-investment valuation of the Target at US$31,600,000.

 

BVI 3e Holdings shall complete the payment of the subscription price within thirty (30) days from the date of the Agreement. Upon the completion of the transaction and the update of the Target’s Register of Members, the Company, through BVI 3e Holdings, will hold 9.7% of the enlarged issued share capital of the Target.

 

Safe Harbor Statement

 

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

 

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Signature

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

3 E Network Technology Group Limited  
   
By: /s/ Tingjun Yang  
Name:  Tingjun Yang  
Title: Chief Executive Officer, Director  

 

Date: September 11, 2026

 

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