HAPBEE ANNOUNCES ANNUAL GENERAL AND SPECIAL MEETING VOTING RESULTS
On December 7, 2022, Hapbee Technologies, Inc. announced the election of all six director nominees during its annual general and special meeting. The reappointment of Manning Elliott LLP as the independent auditor was confirmed, and shareholders re-approved the company's 10% rolling stock option plan. Additionally, amendments to the limits of subordinate voting shares under the restricted stock unit plan were approved. Hapbee focuses on digital wellness, utilizing patented ultra-low radio frequency energy to optimize users' sleep, productivity, and recovery.
- All six director nominees were elected, ensuring continuity in leadership.
- Reappointment of Manning Elliott LLP enhances corporate governance.
- Approval of the 10% rolling stock option plan enables incentivizing key personnel.
- Shareholder approval for amendments to the restricted stock unit plan could motivate employee performance.
- None.
VANCOUVER, BC, Dec. 7, 2022 /PRNewswire/ - Hapbee Technologies, Inc. (TSXV: HAPB) (OTCQB: HAPBF) (FSE: HA1) ("Hapbee" or the "Company"), the digital wellness technology company, announced today that all six director nominees proposed in the Company's management information circular dated October 28, 2022 (the "Information Circular"), being Chris Rivera, Yona Shtern, Robert Dzisiak, Charles McNerney, Michael Matysik and Mark Timm were elected at today's annual general and special meeting of shareholders (the "Meeting") to serve until the next annual meeting of shareholders of the Company or until their successors are duly elected or appointed, unless such office is earlier vacated in accordance with the Company's articles.
The Company also announced that Manning Elliott LLP was reappointed as independent auditor of the Company and the directors of the Company were authorized to fix their remuneration.
At the Meeting, a majority of disinterested Hapbee shareholders also re-approved the Company's
At the Meeting, a majority of disinterested Hapbee shareholders also approved amendments to the existing limits of subordinate voting shares reserved for issuance under the Company's restricted stock unit plan, as further detailed in the Information Circular.
Hapbee is a digital wellness technology company that aims to help people take control of how they sleep, perform and feel. Hapbee's digital wellness library of Blends and Routines utilizes patented ultra-low radio frequency energy (ulRFE®), designed to help optimize users' sleep, productivity, recovery, and downtime. Hapbee devices and subscriptions are available for purchase at Hapbee.com and through a growing network of select distributors.
You can learn more about how Hapbee works at www.hapbee.com/science.
Hapbee is available for purchase at Hapbee.com.
Certain statements included in this news release constitute forward-looking information or statements (collectively, "forward-looking statements"), including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This news release contains forward-looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors. Any statements pertaining to the anticipated filing date for the Filings, as well as statements pertaining the expected timeline for the halt to be lifted are forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Such statements and information are based on numerous assumptions regarding the Company's ability and intended timing to complete its Filings.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement, and are subject to various risks, uncertainties and assumptions which include, but are not limited to, those described in Hapbee's annual information form dated May 2, 2022, as well as those described in Hapbee's other disclosure documents, copies of which are available on SEDAR at www.sedar.com, and could cause actual events or results to differ materially from those projected in any forward-looking statements. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company's forward-looking statements.
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Hapbee Technologies Inc.
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