3 E Network Technology Group Limited Securities Purchase Agreement

3 E Network Technology Group Limited entered into a Securities Purchase Agreement with an institutional investor to sell and issue an 8% original issue discount convertible promissory note. The initial closing involved $1,380,000 in gross proceeds and a principal amount of $1,500,000. A second closing for $500,000 in principal is pending effectiveness of a resale registration statement. The agreement includes a Registration Rights Agreement for the resale of shares underlying the note and a Guarantee Agreement from the Company's subsidiaries. Boustead Securities, LLC acted as the placement agent for the offering. The filing also details terms of the convertible promissory note, including interest, events of default, conversion rights, and adjustments to the conversion price.