3 E Network Technology Group MASK
3 E Network Technology Group received delisting notice
Foreign issuer report
- Form
- 6-K
- Filed
- Importance
- Major
- Accession
- 0001185185-26-005106
- Received delisting notice from Nasdaq for Class A shares
- Closing bid price below $1.00 for 30 consecutive days
- Company plans to request hearing by November 3, 2026
Written from the 6-K on EDGAR. Check the filing before you rely on it.
The reading, claim by claim
- The notice stated that the company's Class A shares were below the $1.00 per share minimum bid price requirement for 30 consecutive business days.
- The company is not eligible for a compliance period due to a reverse share split in March 2026.
- The company plans to request a hearing before an independent panel to appeal the delisting decision.
3 of 5 claims matched the filing text.
Not found in the filing text
- The hearing must be requested by November 3, 2026, as per the Staff Determination.
- The notice was issued under Nasdaq Listing Rule 5810(c)(3)(A)(iv).
From the filing
Filing text
6-K
1
mask6k102926.htm
FORM 6-K 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 October
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 ☐
On October 27,
2026, 3 E Network Technology Group Limited (the "Company") received a written determination letter (the "Staff Determination") from the Listing Qualifications Staff (the "Staff") of The
Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that the Staff has determined to delist the Company's Class A ordinary shares from The Nasdaq Capital Market unless the Company timely requests a hearing before an independent Hearings Panel (the "Panel").
Determination was issued pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iv) on the following grounds: (i) the closing bid price of the Company's Class A ordinary shares was below $1.00 per share for the 30 consecutive business days from September 15, 2026 through October 26, 2026, and therefore the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of at least $1.00 per share for continued listing (the "Minimum Bid Price Requirement");1 and (ii) the Company is not eligible for any compliance period specified in Nasdaq Listing Rule 5810(c)(3)(A) because it effected a one-for-twenty-five (1-for-25) reverse share split on March 16, 2026, within the prior one-year period.2
The Company intends to timely request a hearing before the Panel to appeal the Staff Determination by November 3, 2026.3 As stated in the Staff Determination, a timely hearing reque
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