3 E Network Details Capital Allocation Plan For $5M Private Placement To Support AI Infrastructure Expansion

3 E Network Technology Group Limited (NASDAQ:MASK) (the "Company" or "3 E Network"), a business-to-business ("B2B") information technology ("IT") business solutions provider committed to becoming a next-generation artificial intelligence ("AI") infrastructure solutions provider, today detailed the capital allocation plan for the proceeds of its recently announced $5.0 million private placement (the "Private Placement"). In response to growing enterprise AI infrastructure demand, this financing is designed to strengthen the Company’s balance sheet and financial flexibility. The proceeds are expected to be allocated in accordance with the Company’s established strategic roadmap, focusing on underlying technology research and development ("R&D"), compute infrastructure construction, and supply chain working capital management.