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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]