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Hapbee Strengthens Leadership Team with Key Appointments; Provides Update on Shares-for-Debt Settlement
Globenewswire· 2025-09-13 01:00
Leadership Changes - Hapbee Technologies has appointed Krishna Subramanian as Chief Financial Officer, bringing over 30 years of experience in strategic and operational finance [2][4] - Riz Shah, Chairman of the Board, will serve as Interim Chief Executive Officer, while Yona Shtern steps down from the CEO role and will not seek re-election [3][4] - The leadership changes aim to enhance innovation, financial discipline, and customer experience as the company focuses on product and market expansion [4] New Appointments - Pat Murray has been appointed as Head of Devices Product Engineering, leveraging his experience in assembling product teams for major clients [7] - TJ Varghese has been appointed as Head of Devices Product Management, bringing over a decade of experience in hardware innovation from Google [7] Financial Update - Hapbee is proceeding with a shares-for-debt settlement of $112,500, issuing 1,250,000 shares at a deemed price of $0.09 per share to settle part of an aggregate debt of $235,954.48 [5][6] - The debt represents unpaid fees for marketing services, and the company aims to preserve cash for future operations [6] Strategic Focus - The leadership changes and new appointments are part of a strategy to fast-track product development and enhance market presence [4][7] - The company is positioned to deliver new product deployments and ensure sustainable growth through financial discipline and innovation [4]
Female Founder Wins Barclays Entrepreneur Award for Zebble, an App Helping the World Sleep Better
GlobeNewswire News Room· 2025-08-29 19:15
Company Overview - Zebble is a UK-based wellness tech company focused on helping individuals, athletes, and organizations disconnect from their devices with peace of mind [5] - The company offers a pebble-shaped device and an app that allows users to manage notifications while promoting better sleep [5] Product Features - Zebble's device acts as both an alarm and a safety net, enabling users to take calls from chosen contacts and reach out in emergencies [5] - The premium service, Zebble+, provides doctor-led insights on sleep and well-being for £5.99 per month, which is significantly lower than traditional consultations that can cost up to £20,000 [7] Market Context - Sleep deprivation is increasingly recognized as a public health issue, with 70% of people reporting poor sleep due to smartphone use [7] - Zebble is gaining traction among elite athletes, luxury hotels, and corporate wellness programs, positioning itself as a leading digital wellness solution [3][4] Recognition and Growth - Eliza Twist, the founder of Zebble, has received accolades such as the Barclays Entrepreneur Winner 2025 for Outstanding Contribution to Entrepreneurship [4] - Zebble has participated in various growth initiatives, including Innovate UK's Growth Programme and the Barclays Accelerator [4]
X @The Wall Street Journal
The Wall Street Journal· 2025-08-17 03:22
Industry Trend - "Immersive digital wellness experiences" are trending at spas and resorts worldwide [1] - High-tech wizardry is being integrated into traditional bath houses [1]
electroCore Names Kelly Benning, Accomplished Healthcare Executive, as SVP of Truvaga
Globenewswire· 2025-08-12 12:00
Core Insights - electroCore, Inc. has appointed Kelly Benning as the Senior Vice President of Truvaga, effective July 21, 2025, bringing nearly 30 years of experience in digital health and consumer wellness [1][3] - Ms. Benning emphasizes the shift in the wellness market towards personalized, consumer-centric solutions, aiming to innovate and refine technology to empower individuals in managing their well-being [2][3] - The company focuses on building a movement around science-backed wellness solutions and plans to leverage strategic partnerships for greater accessibility to its consumer devices [2][3] Company Overview - electroCore is a commercial-stage bioelectronic technology company dedicated to improving health and quality of life through non-invasive bioelectronic technologies [5] - The company's leading products include gammaCore, a non-invasive vagus nerve stimulation device, and Quell neurostimulator, both targeting chronic pain syndromes [5] - electroCore also markets Truvaga™, a handheld device aimed at promoting general wellness and human performance [5] Leadership Background - Kelly Benning has a proven track record in bringing digital health products to market, including the first FDA-cleared watch for blood pressure monitoring [2][3] - Her previous roles include executive positions at LiveMetric, IBM Watson Health, and other healthcare enterprises, showcasing her extensive experience in the industry [3] - The CEO of electroCore, Dan Goldberger, expressed confidence in Ms. Benning's ability to expand the company's direct-to-consumer strategy [4]
Hapbee Launches Integrated Affiliate and Ambassador Program to Accelerate Growth and Community Expansion
Globenewswire· 2025-07-29 16:51
Core Insights - Hapbee Technologies, Inc. is launching a technology-integrated Affiliate and Ambassador Program to expand its community and scale its impact in the digital wellness sector [1][2][5] Group 1: Affiliate Program Launch - The new affiliate program aims to broaden access to Hapbee's technology and reward community participation, following three consecutive quarters of strong revenue growth [2][4] - The program is inclusive, inviting wellness advocates, athletes, and creators of all kinds to join, regardless of their social media following [4][6] - The affiliate program is designed to be seamless and scalable, allowing participants to earn commissions by sharing Hapbee with their communities [4][5] Group 2: Community Engagement and Future Plans - The launch of the affiliate program marks a significant milestone in Hapbee's integrated sales platform expansion, with additional community monetization opportunities in development [5] - The company emphasizes the importance of community and aims to reward members for sharing health and wellness with others [6] - Hapbee's mission includes making it easy for partners to engage with the company and support its growth [6] Group 3: Company Overview - Hapbee Technologies is a digital wellness company that specializes in ultra-low frequency bio-streaming, allowing users to choose their desired mental states without ingesting substances [7][8] - The company is publicly traded on the TSX Venture Exchange under the symbol HAPB and is available to U.S. investors via the OTC Markets under the symbol HAPBF [6]
X @The Wall Street Journal
The Wall Street Journal· 2025-07-20 21:19
Industry Trend - "沉浸式数字健康体验" 在全球 Spa 和度假村中流行,旨在吸引注意力持续时间缩短和焦虑的客户 [1] - 这些项目旨在舒缓和吸引感官 [1]
X @The Wall Street Journal
The Wall Street Journal· 2025-07-20 03:23
Industry Trend - "沉浸式数字健康体验"正在全球的水疗中心和度假村流行[1] Technology Application - 高科技技术被应用于传统浴室[1]
Hapbee Announces CDN$1.5M Private Placement Led by Company Executive; Announces Appointment of Ahsan Ashraf as Chief Technology Officer
Globenewswire· 2025-06-25 21:55
Core Viewpoint - Hapbee Technologies, Inc. is conducting a non-brokered private placement to raise up to $1,507,000 through the sale of 15,070,000 units at $0.10 per unit, which will support the company's growth initiatives and product development [1][2]. Group 1: Offering Details - The Offering consists of units priced at $0.10 each, with each unit comprising one subordinate voting common share and one-half of a common share purchase warrant [1]. - Each warrant can be exercised for one additional share at a price of $0.20 CAD for two years from issuance [1]. Group 2: Use of Proceeds - Proceeds from the Offering will be used for sales expansion, brand awareness, customer engagement, and product development, including enhancing the signal library and next-gen devices [2]. - Funds will also be allocated to improve operating efficiencies, including supply chain optimization and cost-saving measures [2]. Group 3: Leadership Changes - Ahsan Ashraf has been appointed as the new Chief Technology Officer, bringing over 20 years of experience from companies like Apple, HP, and Dell [3]. - Mr. Ashraf's participation in the Offering reflects his confidence in the company's mission and future [3][4]. Group 4: Company Overview - Hapbee is a digital wellness technology company focused on helping users optimize sleep, performance, and overall well-being through its patented ultra-low radio frequency energy technology [9].
Hapbee Is Upgrading U.S. Listing to OTCID to Expand Investor Access and Increase Market Visibility
Globenewswire· 2025-06-12 21:00
Group 1: Company Update - Hapbee Technologies Inc. has upgraded its U.S. listing from the OTC Pink Sheets to the OTCID tier on the OTC Markets Group platform, effective July 1, 2025 [1][2] - The upgrade reflects the company's commitment to enhancing transparency and accessibility for a broader group of U.S.-based retail and institutional investors [2][3] - The CEO of Hapbee expressed excitement about the upgrade, stating it provides U.S. investors with improved visibility and access to the company's shares in a more structured trading environment [3] Group 2: Financial Statements Update - The filing of the annual audited financial statements for the year ended December 31, 2024, remains delayed, with the company expecting to file these statements within the next seven days [5][6] - The auditor is finalizing the audit for review by the company's audit committee, and the company does not anticipate issues in completing the required filings by June 30, 2025 [6] - A Management Cease Trade Order (MCTO) was issued on May 1, 2025, restricting trading by the company's CEO and CFO, but it does not affect other investors [7][8] Group 3: Company Overview - Hapbee is a digital wellness company that utilizes ultra-low radio frequency energy (ulRFE®) in its wearable devices to promote wellness states such as focus, relaxation, and improved sleep [10] - The company's product ecosystem includes the Hapbee Mobile App, Smart Sleep Pad, Neckband, and Immersive Mattress Topper, catering to wellness enthusiasts, athletes, and health professionals [11]
Hapbee Launches Redesigned Mobile App with AI-Powered Discovery Engine, Expanded Vibe Library and Real-Time In-App Support to Enhance Personalization, Usability, and User Engagement
Globenewswire· 2025-05-30 12:45
Core Insights - Hapbee Technologies, Inc. has launched a redesigned mobile app featuring an AI-powered discovery engine, 13 new Vibes, and real-time in-app customer support [1][2][3] Product Enhancements - The updated app aims to improve usability, personalization, and customer engagement, available on both Apple and Android devices [2] - Key features include a refreshed design, intelligent search, an AI-powered assistant for personalized guidance, and a community hub for updates and support [5][6] - New Vibes introduced target specific use cases such as alertness, focus, relaxation, and social ease, enhancing user experience [4][5] Financial Reporting Status - The filing of the annual audited financial statements for the year ended December 31, 2024, is delayed, with completion expected by June 30, 2025 [7][8] - A Management Cease Trade Order (MCTO) was issued, restricting trading by the CEO and CFO until the required filings are completed [9][10] Community Engagement - The app allows users to report issues, request help, and provide feedback directly, improving response times and user satisfaction [13] - User feedback will shape future app updates and features, fostering a connection with the broader Hapbee community [13]