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Hapbee Technologies Inc
Symbol HAPB
Shares Issued 191,188,094
Close 2024-09-26 C$ 0.105
Market Cap C$ 20,074,750
Recent Sedar Documents

Hapbee appoints Al Zain as director, grants 8.25M RSUs

2024-09-26 16:49 ET - News Release

Mr. Yona Shtern reports

HAPBEE APPOINTS MR. ABDULLA AL ZAIN TO BOARD OF DIRECTORS

Abdulla Al Zain has been appointed as an additional director on Hapbee Technologies Inc.'s board, effective Sept. 16, 2024. Mr. Al Zain succeeds Robert Dzisiak, who has served as a member of the board since Hapbee's inception. The company thanks Mr. Dzisiak for his service.

Mr. Al Zain brings a wealth of experience across a number of critical asset classes for Hapbee, such as hospitality, sports and financial services, particularly across Europe and the Middle East. He is the chairman and managing director of Infinity Capital, a diversified global investment company, board member of GFH Financial Group, president of FC Cordoba, and board member of Bapco Energies.

"Thanks to our dedicated shareholder base and leadership team, Hapbee continues to expand into new sectors and market verticals," stated Yona Shtern, chief executive officer and chairman of the board of Hapbee. "I am incredibly excited about where the company is headed for our one-of-a-kind wellness platform. In the past, Mr. Al Zain has demonstrated excellent leadership, and he has business contacts in a number of vertical markets and regions which may present tremendous opportunities for Hapbee going forward. Mr. Al Zain will be a welcomed addition to the board of Hapbee in implementing our aggressive growth strategy, which includes significant plans in the Middle East."

With several initiatives under way, the company expects to provide business development updates in the coming weeks.

On Sept. 17, 2024, Hapbee granted 8,257,905 restricted stock units to consultants, of which 4,208,074 RSUs were issued to officers of the company. The RSUs will be eligible to be settled for subordinate voting shares of the company.

About Hapbee Technologies Inc.

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 ultralow-radio-frequency energy, designed to help optimize users' sleep, productivity, recovery and downtime. Hapbee devices and subscriptions are available for purchase at the Hapbee website and through a growing network of select distributors.

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