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, Inc. announced a delay in filing its Q3 financial statements for the period ended September 30, 2022, which resulted in a Failure-to-File Cease Trade Order (FFCTO) from the British Columbia Securities Commission. This order was issued at the request of the investment regulatory body, leading to a suspension of trading on December 6, 2022. The company is finalizing the necessary filings and expects to complete them by the end of the week. Despite this setback, Hapbee confirmed no changes to its business plans.
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.
Hapbee Technologies (HAPBF) announced the completion of a non-brokered private placement, generating gross proceeds of CAD$1,566,632. The offering involved 22,380,459 units priced at CAD$0.07, including subordinate voting shares and warrants. The funds will support product development, manufacturing, and general corporate purposes. Notably, the company pre-sold 992 units of its new device, The Smart Sleep Pad, in September, marking its highest monthly sales. Insiders participated in the offering, indicating confidence in future growth.
Hapbee Technologies (OTCQB: HAPBF) announced the addition of 'Routines By' David Meltzer, a motivational speaker and former CEO of the Leigh Steinberg Agency, to its wellness product offerings. These routines allow users to leverage Meltzer's expertise in wellness for enhanced performance without the use of drugs or stimulants. The routines, including 'Crunch Time' and 'Power Meetings,' cater to users looking for improved focus and productivity. This launch is part of Hapbee's ongoing efforts to expand its wellness technology platform, which utilizes patented ultra-low radio frequency energy.
Hapbee Technologies Inc. (OTCQB: HAPBF) has announced the launch of 'Routines By' featuring MLB pitcher Grant Dayton, who shares his personalized wellness routines aimed at enhancing sleep and recovery. This initiative supplements Hapbee's existing routines, enhancing user experience by providing tailored options for optimized rest. Dayton's routines include 'Recovery Sleep' and 'Post Work-Out Wind Down,' available for all users with version 2.0.4 or later of the Hapbee Mobile App. The routines leverage Hapbee's patented technology to improve wellness through drug-free solutions.
Hapbee Technologies has launched the Smart Sleep Pad, a new product aimed at addressing sleep disorders affecting over 70% of Americans. This innovative device is designed for comfort and versatility, measuring 12" x 18" and 0.5" thick, making it suitable for various uses. The pad features a 10" coil, which enhances its efficacy compared to the current Hapbee Neckband. Pre-orders opened on September 15, 2022, with expected shipping in time for the holidays. The product will also be showcased at the BioHacking Convention in Los Angeles from September 15 to 18, 2022.
Hapbee Technologies (HAPBF) has launched a new feature called "Routines By", allowing selected partners to share personal wellness routines within the Hapbee community. This initiative, highlighted by wellness expert Ben Greenfield, aims to enhance user experience and satisfaction. Customers can now access two inaugural routines—"Daily Meditation" and "In The Zone"—to optimize sleep and performance. The update is available in the Hapbee Digital Wellness App, marking a significant step in Hapbee's evolution as a digital wellness platform.
Hapbee Technologies has launched its redesigned Hapbee Mobile App (V2.0) along with significant upgrades to its firmware. This launch follows extensive user feedback and aims to enhance user engagement and support future growth. Daily Active Users surged to over 1,350, a 125% increase from previous peaks. Key features include Wellness Routines, improved Bluetooth connectivity, and partnerships for personalized wellness recommendations. Additionally, new CFO Mitch Kujavsky has been appointed. These developments signify a strategic shift towards larger customer adoption and community-driven content.
Hapbee Technologies, Inc. (HAPBF) has released a shareholder letter focusing on growth amidst challenging market conditions. CEO Yona Shtern outlined four key strategies: increasing customer base, expanding product lines, boosting subscriber numbers, and enhancing enterprise sales. The introduction of new sleep-related products, including the Hapbee Sleep & Relief Pillow, is aimed at capitalizing on the lucrative sleep-tech market, projected to grow from $15 billion in 2021 to $67 billion by 2030. Active subscribers rose 246% year-over-year, highlighting retention improvements and a strong recurring revenue model.
Hapbee Technologies (HAPBF) reported significant growth in its Q1 2022 performance. The company shipped 1,253 units, a 60% increase from the prior year, and registered 2,941 subscribers, up 246%. Retention rates improved dramatically, with 65% of subscribers maintaining their subscriptions after six months. Users engaged in 220,000 hours of Blend playtime, a 350% rise, with notable use of sleep-related blends. Hapbee is focusing on scaling B2C and B2B sales strategies with new sleep product launches planned for later in 2022.
