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Jaylen Brown, Abdulla Al Zain & Ahsan Ashraf Join Board to Drive Innovation & Global Expansion; Riz Shah Named Chairman
Globenewswire· 2025-07-11 12:30
New additions bolster Hapbee as it scales product reach, tech pipeline, and international presence.VANCOUVER, British Columbia, July 11, 2025 (GLOBE NEWSWIRE) -- Hapbee Technologies, Inc. (TSXV: HAPB | OTCQB: HAPBF) (“Hapbee” or the “Company”), a leading wearable wellness technology company, is pleased to announce as an update to its press releases dated June 27, 2025 and September 26, 2024, the completion of the transformative changes to its Board of Directors which it began at its last AGM on June 12, 202 ...
Ahsan Ashraf Joins Jaylen Brown as Hapbee Investor, Executive and Board Member
Globenewswire· 2025-06-27 20:30
Core Insights - Hapbee Technologies Inc. is expanding its Board of Directors by adding three senior leaders in technology, legal, and finance to support its growth phase and innovation efforts [1][2] - The company has revoked the Management Cease Trade Order (MCTO) following the filing of its 2024 audited annual financial statements, allowing its CEO and CFO to trade securities without restrictions [3] Group 1: Board Expansion - Ahsan Ashraf has been appointed to the Board as Chief Technology Officer, enhancing leadership as the company focuses on innovation and market expansion [1][2] - The Board will increase from eight to ten members to better manage the company's growing scale and complexity [2] - Mark Timm will step down from the Board after four years, with the CEO expressing gratitude for his contributions [3] Group 2: Revocation of MCTO - The revocation of the MCTO allows the company's CEO and CFO to trade securities freely, following the submission of required financial statements [3] - The MCTO was previously approved under National Policy 12-203 by the British Columbia Securities Commission [3] Group 3: Company Overview - Hapbee Technologies is a digital wellness company that specializes in bio-streaming wearables aimed at optimizing sleep, focus, mood, and recovery [4] - The company's technology delivers safe, non-invasive signals to promote well-being, all managed through a mobile app [4] Group 4: New Board Members - Kenneth S. Adessky joins as Corporate Counsel and Corporate Secretary, bringing extensive legal and regulatory expertise [6] - Rachid Lassal, CPA, joins the Board with a background in global finance, focusing on corporate finance and public company readiness [6]
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]
Global Technologies, LTD Announces Strategic Pivot and New Agreements in Health & Wellness Sector
Globenewswire· 2025-06-04 12:00
Greensboro, NC, June 04, 2025 (GLOBE NEWSWIRE) -- Global Technologies, LTD (OTCPK: GTLL), a public, multi-operational company focused on innovation in health and wellness, recently announced corporate developments and commercial milestones signaling a bold pivot in strategy and leadership. Over the past 90 days, GTLL has responded proactively to external FDA regulatory shifts that disrupted several industry sectors, including GLP-1 compounding and semaglutide supply. These changes catalyzed GTLL's sharpened ...
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
Company Also Updates Status of Audited Financial StatementsVANCOUVER, British Columbia, May 30, 2025 (GLOBE NEWSWIRE) -- Hapbee Technologies, Inc. (TSXV: HAPB | OTCQB: HAPBF), the digital wellness company specializing in non-chemical, frequency-based wearable technology, today announced the launch of its newly redesigned mobile app. The update features an AI-powered discovery engine, 13 new Vibes, and now also includes real-time, in-app customer support. These updates are part of Hapbee’s broader strategy ...
Hapbee Technologies Partners with Snooze - the Fastest-Growing Sleep & Wellness Retailer in the U.S. - to Expand Experiential Retail Footprint
Globenewswire· 2025-05-02 13:15
VANCOUVER, British Columbia, May 02, 2025 (GLOBE NEWSWIRE) -- Hapbee Technologies Inc. (TSXV: HAPB | OTCQB: HAPBF | FSE: HA1) (“Hapbee” or the “Company”), the digital wellness company pioneering bio-streamed wearable and embedded wellness devices, today announced a strategic partnership with Snooze, the fastest-growing, privately held sleep and wellness retailer in the United States. With nearly 100 store locations expected by the end of 2025, Snooze offers a uniquely high-touch, personalized in-store exper ...