3E Network to take 9.7% of Hashbeaver Tech in $1.6M deal
What's the deal? 3 E Network Technology Group (NASDAQ: MASK) has agreed to invest $1.6 million for a 9.7% stake in Hashbeaver TechDealroom has a profile for this one. Try Dealroom →, valuing the company at $31.6 million post-investment. The deal, signed on September 3, 2026, gives 3E Network 1,600,000 newly issued ordinary shares.
How it's structured: The investment runs through3e Network Technology Holdings LimitedDealroom has a profile for this one. Try Dealroom →, a wholly owned subsidiary of the group. That means ownership is recorded via the subsidiary rather than the parent directly.
Who signed: Tingjun Yang, chief executive officer and director, signed the agreement for 3 E Network Technology Group on September 11, 2026. Hashbeaver Tech will update its register of members on completion, at which point 3E Network holds 9.7% of the enlarged share capital.
The signal: The move sees a listed company deploy a small, defined stake to gain early exposure to a private target — a low-cost route to a strategic foothold ahead of any larger commitment.
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