3 E Network Technology Group Ltd (MASK) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: July 27, 2026

Risk Assessment Details

Potential Dilution: 2416.96% of current shares
Recent Dilution: 158.74% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
3.5M
Potential Supply
84M
Additional shares possible
Splits
None
Past 2 years

Summary

MASK currently has 3.48M outstanding shares. with significant dilution risk as 84.1M authorized shares could dilute existing holders by 2417.0%. The company has significantly diluted shareholders by 158.74% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jul 27, 2026

F-1 filing: This filing relates to the offering and sale of up to 15,400,000 Class A Ordinary Shares by the Selling Shareholder, issued pursuant to an equity line of credit facility purchase agreement.

3.5M 84M
Jul 22, 2026

POS AM filing: This filing involves the registration of up to 17,128,381 Class A Ordinary Shares by a selling shareholder, issuable upon the conversion of a convertible note and the exercise of warrants.

2.1M 69M
Jun 25, 2026

F-1 filing: This prospectus relates to the offer and sale of up to 21,028,050 Class A ordinary shares by a selling shareholder, consisting of shares issuable upon conversion of a senior secured convertible promissory note and exercise of a purchase warrant.

3.2M 69M
Jun 03, 2026

F-1 filing: This filing covers the resale of up to 17,128,381 Class A Ordinary Shares by a selling shareholder, issuable upon the conversion of a convertible note and the exercise of a warrant.

2.1M 48M
Dec 02, 2025

POS AM filing: This POS AM filing relates to an offering of Class A Ordinary Shares by a Selling Shareholder, including shares convertible from Convertible Notes, shares issuable upon exercise of Warrants, and Pre-Delivery Shares.

17M 48M
Nov 25, 2025

F-1 filing: This F-1 filing by 3 E Network Technology Group Ltd details an offering of Class A Ordinary Shares by a Selling Shareholder, convertible from a Convertible Note, with up to 44,694,292 shares being offered.

17M 64M
Jun 24, 2025

F-1 filing: This F-1 filing outlines an offering of up to 16,128,681 Class A Ordinary Shares by a selling shareholder, including shares convertible from notes, issuable upon warrant exercise, and pre-delivery shares.

12M 19M
Dec 21, 2023

F-1 filing: This is a firm commitment initial public offering of 3,000,000 class A ordinary shares of 3 E Network Technology Group Limited at an expected price between $4.00 and $6.00 per share.

N/A 3M
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