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Hapbee Secures Strategic Backing and Commercial Agreement to Enter Multi-Billion Dollar Asian Wellness Market
Globenewswire· 2025-08-18 13:47
Core Insights - Smile Group has made a strategic investment in Hapbee Technologies to expand its digital wellness platform in Asia, focusing initially on Singapore and India [1][2][4] - The partnership aims to leverage Smile Group's expertise in consumer technology and brand building to accelerate Hapbee's market entry and adoption in the region [4][5] Investment Details - Smile Group will invest $675,000 in Hapbee's non-brokered private placement, which consists of up to 10,000,000 units priced at $0.10 per unit, with total gross proceeds expected to reach $1,000,000 [5] - Each unit includes one subordinate voting common share and one common share purchase warrant, exercisable at $0.15 CAD for three years [5] Market Focus - The partnership will initially target the rapidly growing wellness markets in Singapore and India, with plans for further expansion into other Asian regions [2][4] - The collaboration is expected to meet the increasing consumer demand for innovative wellness solutions in these markets [4][5] Company Background - Smile Group has over two decades of experience in launching and scaling technology ventures, including notable brands like Airbnb and Snap [3][7] - The group has recently entered the health tech sector, focusing on high-growth wellness and preventive healthcare startups across Asia [3][8] Product Offering - Hapbee Technologies specializes in digital wellness through its bio-streaming technology, allowing users to influence their mental states without substances [9] - The platform is trusted by professional athletes and wellness experts, positioning it as a leader in the wellness technology space [9]
Hapbee Expands Community Monetization with Gift-A-Friend and Referral Programs
Globenewswire· 2025-08-08 15:36
Core Insights - Hapbee Technologies, Inc. has launched two new initiatives, Gift-A-Friend and Hapbee Referrals, aimed at rewarding members for sharing their wellness products with others [1][4] - The Gift-A-Friend program allows members to gift a device to a friend and receive a $50 discount on their own purchase, promoting personal sharing of wellness experiences [2] - The Referral Program offers members $40 for each successful referral, which can be redeemed for devices, memberships, store credit, or cash, enhancing community engagement [3][4] Program Details - Gift-A-Friend enables members to share their positive experiences with Hapbee by gifting devices, thus incentivizing both the giver and the recipient [2] - The Referral Program is designed to track rewards in real-time through the Hapbee app, making it easy for members to see their earnings while expanding the community [3] - Both programs are part of Hapbee's broader growth strategy, which includes the recently launched Affiliate & Ambassador Program, creating multiple engagement avenues for the community [4] Company Overview - Hapbee Technologies is a digital wellness company that specializes in ultra-low frequency bio-streaming, allowing users to influence their mental states without substances [6] - The company is publicly traded on the TSX Venture Exchange under the symbol HAPB and is accessible to U.S. investors via the OTC Markets under the symbol HAPBF [5]
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]
Hapbee Announces Shares-for-Debt Settlement
Globenewswire· 2025-06-05 20:16
Core Points - Hapbee Technologies, Inc. has arranged to settle a total debt of $235,954.48 through the issuance of 2,621,716 common shares at a deemed price of $0.09 per share, aimed at preserving cash for future operations [1] - The debt is related to unpaid fees for goods, products, and consulting services previously provided to the company for marketing, business development, and product development in the sleep sector [1] - The board of directors unanimously approved the Shares-for-Debt Settlement, which is subject to acceptance by the TSX Venture Exchange [1] Company Overview - Hapbee is a digital wellness technology company focused on helping individuals manage their sleep, performance, and overall well-being through its patented ultra-low radio frequency energy (ulRFE) technology [4] - The company's product offerings include a digital wellness library of Blends and Routines designed to optimize sleep, productivity, recovery, and downtime [4] - Hapbee's devices and subscriptions are available for purchase on its website and through a growing network of distributors [4]
Global Technologies, LTD Announces Strategic Pivot and New Agreements in Health & Wellness Sector
Globenewswire· 2025-06-04 12:00
Core Insights - Global Technologies, LTD (GTLL) is undergoing a strategic pivot towards digital health and wellness, driven by recent FDA regulatory changes impacting the industry [2][5] - The company has launched a new subsidiary, Primecare Supply, LLC, and entered into key commercial agreements to enhance its position in compliant pharmaceutical distribution and digital wellness innovation [3][5] Company Developments - GTLL has officially launched Primecare Supply, LLC, and executed two significant commercial agreements that will position the company at the forefront of the industry [3] - The company has appointed H. Wyatt Flippen as Chairman of the Board and CEO, while removing the President of its clean energy subsidiary to focus on core operations [4] Strategic Focus - The company aims to build a leaner and more focused business aligned with FDA-compliant pharmaceutical distribution and digital wellness innovation [5] - GTLL is expanding its offerings in consumer-facing wellness plans and therapeutic products, leveraging traditional partnerships and digital infrastructure [5] Financial Agreements - On May 19, 2025, Primecare entered into a Revenue Share Agreement with a licensed pharmaceutical supplier, retaining 75% of gross margin revenue above the supplier's floor price [8] - On May 28, 2025, Primecare signed a Master Licensing Agreement with an AI technology partner, which includes a platform fee of 2.5% of processed transactions for a 24-month term [8]