3 E Network Technology Group Ltd Class A Ordinary Shares Price & Performance (MASK)

REE Automotive has announced a $27 million direct offering, involving the sale of over 6.3 million shares at $4.25 each. The funds will be used for general corporate purposes. An additional $10 million investment from Motherson Group is anticipated by March 28, subject to conditions.1

Indian stock indices Sensex and Nifty ended nearly flat today. Gains from Reliance Industries and Bharti Airtel, tied to SpaceX's Starlink partnership, were offset by significant losses in IT stocks, leading to a subdued performance.2

Reliance Industries and Bharti Airtel shares rose following their agreements with SpaceX to introduce Starlink internet in India. This growth partially balanced declines in IT stocks, stabilizing India's stock market indices.2