Welcome to our dedicated page for Hapbee Technolog news (Ticker: HAPBF), a resource for investors and traders seeking the latest updates and insights on Hapbee Technolog stock.
Hapbee Technologies (HAPBF) delivers innovative digital wellness solutions through its patented ultra-low radio frequency energy (ulRFE®) technology. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments, financial performance, and market positioning.
Access timely announcements including quarterly earnings reports, product innovation milestones, strategic partnerships, and regulatory filings. Our curated collection ensures efficient tracking of Hapbee's progress in commercializing non-ingestible wellness technologies across consumer and enterprise markets.
Key focus areas include bio-streaming device launches, hospitality sector integrations, and intellectual property developments. Bookmark this page to maintain informed perspectives on Hapbee's unique position at the intersection of health tech and digital wellbeing solutions.
Hapbee Technologies, a wellness tech company, recently announced the launch of its dedicated brand store on Amazon. Following this soft launch, the company reported an impressive 8X increase in monthly sales compared to Q4 2022, accompanied by an average customer rating of 4.1 out of 5. The store features the Smart Sleep Pad and Neckband, leveraging patented magnetic-field technology to enhance sleep and performance without side effects. This strategic move is aimed at expanding their distribution channel while optimizing marketing strategies through insights gained from the soft launch. The initiative is managed in partnership with JDS Group, which specializes in e-commerce growth strategies. CEO Yona Shtern expressed confidence in the positive customer feedback as they plan for future expansions.
Hapbee Technologies (TSXV: HAPB, OTCQB: HAPBF) announced a delay in filing its Audited Financial Statements and related disclosures, initially due by May 1, 2023. This delay results from the ongoing work of the company’s auditors. As a precaution, Hapbee has requested a voluntary Management Cease Trade Order, affecting certain executives but not all securities, pending the filing which they expect to complete by June 30, 2023. The company assures it is not undergoing any insolvency proceedings, and no undisclosed material information about its affairs exists. Hapbee is committed to complying with Alternative Information Guidelines through bi-weekly default status reports while in default.
Hapbee Technologies (HAPBF) reported a significant increase in user engagement with its Smart Sleep Pad, surpassing 180 million minutes (3 million hours) of total usage. The active member base grew to over 7,800 unique users by March 31, 2023, with an average of 45 sessions per member. Users primarily utilized the Smart Sleep Pad for Deep Sleep, Relaxation, and Focus, highlighting its versatility. The company has shipped over 12,000 devices since its launch in 2020 and expanded its wellness routines from 6 to over 75. CEO Yona Shtern emphasized the importance of this milestone in building a stable customer base and indicated plans for product enhancements and increased distribution.
Hapbee Technologies (OTCQB: HAPBF) announced a non-binding Memorandum of Understanding (MOU) with LocoMobi World Inc., aiming to develop a driver safety and performance application using Hapbee's bio-stream technology. This innovative application is designed to enhance driver awareness without the use of stimulants by integrating bio-signals delivered through in-vehicle systems. The collaboration targets the automotive market, promoting safer driving experiences, especially in distracted-driving scenarios. The MOU sets the foundation for future agreements on software development and licensing related to this initiative.
Hapbee Technologies has launched an outreach program targeting athletes and fitness professionals to promote its digital wellness technology platform. Spearheaded by VP Iggy Rodriguez, the program aims to increase market share and user engagement. Professional athletes, including NHL player Matt Duchene, have provided positive feedback on using Hapbee for sleep enhancement and recovery. CEO Yona Shtern emphasizes the critical role of sleep and recovery for athletes. The initiative is expected to enhance brand credibility within the sports community while encouraging broader adoption of Hapbee's products.
Hapbee Technologies has announced a collaboration with Oura to enhance its Smart Sleep Pad using biometric sleep data from Oura Rings. The new application will personalize sleep routines based on individual sleep patterns, helping users improve their Sleep Scores. Since launching in September 2022, Hapbee has sold over 1,500 units of the Smart Sleep Pad, priced at US$249. The application is currently in a closed Beta, with plans for a broader release. Hapbee aims to integrate its technology further within the sleep tech industry, demonstrating a commitment to enhancing wellness through innovations in sleep tracking and optimization.
