3 E Network Technology Begins AI Data Center Project in Finland
3 E Network Technology announced progress on the construction progress of its AI data center project in Finland. Following the recent formal approval of the building permit, on-site construction activities have commenced, and the project is progressing in accordance with the current development plan. Following a long-term land lease agreement between the Company and the city of Mikkeli, Finland, the granting of the building permit provides a regulatory basis for the project to proceed. The company has transitioned from preliminary preparations to on-site construction. As of the date of this announcement, tree felling and site clearance have been completed, preparing the site for the next stages of construction. The project has entered the earthworks phase. Excavation and grading equipment has been deployed on site, and related construction activities are underway. This represents a further step in the company's Finland data center development plan. The commencement of earthworks is intended to support the initial phase of the project, which is expected to include a 6MW computing facility, subject to further development and implementation.
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- Financing Agreement Details: 3 E Network Technology announced a $1.3 million convertible note agreement with an institutional investor, expected to yield approximately $1.2 million in proceeds, aimed at funding its expansion into AI infrastructure, highlighting the company's commitment to future technological advancements.
- Stock Price Surge: Following the financing announcement, shares of 3 E Network Technology surged over 37% in premarket trading on Tuesday, reflecting strong market confidence in its pivot to become a next-generation AI infrastructure solutions provider, further fueling positive investor sentiment.
- Retail Interest Spike: According to Stocktwits data, retail chatter around MASK stock skyrocketed approximately 6300% over the past seven days, with message volume rising about 24% in the last 24 hours, indicating a significant increase in investor attention that could further drive stock price appreciation.
- Warrant Terms: Under the agreement, investors also received warrants to purchase 65,198 Class A ordinary shares at an exercise price of $5.00 per share, exercisable from May 1, 2026, to May 1, 2030, demonstrating the company's commitment to future shareholder returns.

- Core Technical Architecture Unveiled: 3 E Network Technology has signed a land lease agreement in Mikkeli, Finland, to launch its high-performance AI data center project, aiming to leverage unique technological advantages to provide competitive computing services globally, thus driving the company's strategic transformation in AI infrastructure.
- Modular Design Innovation: By adopting a modular design concept, 3 E Network has reduced the traditional data center construction timeline from over 18 months to just weeks, enabling rapid deployment through prefabricated and interchangeable standard units, significantly enhancing market responsiveness and flexibility.
- High-Density Computing Solution: The company's new high-density computing solution increases rack power density to over 20kW, addressing the extreme computing power demands of AI clusters, thereby strengthening its competitive edge in high-intensity AI training and inference tasks.
- Intelligent Operations System Optimization: With its self-developed AI smart cooling system, 3 E Network expects to reduce annual PUE by 8% to 15%, while utilizing IoT sensors and AIOps models for equipment health monitoring, significantly lowering the probability of unplanned downtime and enhancing operational efficiency.
- Land Lease Agreement: 3 E Network's wholly-owned subsidiary, Aurora Core Technology Oy, has signed a 30-year land lease with the City of Mikkeli for approximately 101,071 square meters, laying a solid foundation for future AI data center construction.
- Project Advancement: This agreement marks the transition of the AI data center project from strategic planning to tangible development, demonstrating the company's concrete vision and long-term commitment to the European market, which is expected to enhance its competitiveness in AI infrastructure.
- Site Selection Advantages: The Mikkeli site was chosen for its robust power infrastructure and favorable climate conditions, capable of meeting the massive computing demands of next-generation AI applications, while strong local government support further secures the project.
- Partnership Synergy: This lease agreement complements the previously signed Master Services Agreement with Orka Technologies Oy, reinforcing their collaboration in co-developing AI infrastructure, thereby driving technological innovation and market expansion.
- Acquisition Proposal: Great Dane's submission of a non-binding acquisition letter to Bark Inc has led to a 19.9% surge in Bark's pre-market share price to $0.74, indicating strong market enthusiasm for the potential acquisition.
- Market Reaction: The significant rise in Bark Inc's stock price reflects investor optimism regarding the company's future, which may also attract more investor attention and enhance market liquidity for the stock.
- Industry Dynamics: In pre-market trading, Signing Day Sports Inc saw a 43.7% increase, while Ping An Biomedical Co Ltd rose 34.3%, highlighting strong market interest in the biotech and sports sectors, which could influence Bark Inc's market positioning.
- Investor Confidence: The rebound in Bark Inc's stock price may bolster investor confidence in the company, especially after recent market volatility, as the acquisition proposal provides new momentum for future growth.
- Financing Progress: On January 9, 2026, 3E Network completed a $500,000 convertible note offering, raising a total of $460,000, which enhances the company's liquidity to support the development of its AI infrastructure solutions.
- Investor Agreement: Under the Securities Purchase Agreement signed with an institutional investor on December 18, 2025, the company issued $1.5 million in convertible notes, reflecting market confidence in its B2B IT solutions.
- Subsequent Financing: This subsequent closing represents the second installment under the Securities Purchase Agreement, indicating the company's ongoing activity in capital markets, which is expected to provide funding support for future business expansion.
- Market Positioning: 3E Network is committed to becoming a next-generation AI infrastructure solutions provider, aiming to capitalize on growth opportunities in the energy investment sector through its data center operations and software development portfolios.

- Take-Private Agreement Signed: Fonar Corp announced the signing of a definitive agreement for a take-private sale, resulting in a 24.5% surge in pre-market shares to $18.25, indicating strong market confidence that could provide financial backing for future growth.
- Strong Market Reaction: The stock's robust performance in pre-market trading reflects optimistic investor sentiment regarding the privatization deal, potentially attracting more investor interest and enhancing the company's overall market capitalization.
- Significant Industry Impact: Fonar's privatization move may trigger similar actions among other medical device companies, prompting more firms in the sector to consider privatization to enhance operational efficiency and shareholder value.
- Future Strategic Direction: By going private, Fonar is expected to concentrate resources on its core business and optimize its operational model, thereby strengthening its market position and profitability in a highly competitive healthcare market.









