Hapbee Addresses Issuance of Failure-to-File Cease Trade Order

Hapbee Technologies, Inc., announces a delay with regard to the filing of its Q3 financial statements for the period ended September 30, 2022 and the related management’s discussion and analysis and certifications (collectively, the “Filings“) by the filing deadline of November 29, 2022. As a result, a Failure-to-File Cease Trade Order (the “FFCTO”) has been issued against the Company, at the request of the British Columbia Securities Commission (“BCSC”), the Investment Industry Regulatory Organization of Canada (“IIROC”) issued a suspension from trading for the Company on December 6, 2022.  

Before the FFCTO can be lifted, Hapbee must complete a Reinstatement Application and the Filings and submit them to the TSX Venture Exchange for review. With the Filings currently being finalized by Hapbee’s management and board of directors, the Company anticipates completing the aforementioned documentation by the end of this week.

A copy of the FFCTO has been made available for review on the Canadian Securities Administrators’ website. The Company expects the FFCTO to remain in place until such time as the Filings have been filed and the FFCTO is revoked.  

Hapbee confirms that its business has not changed, and there are no changes to its current business plans. The Company would like to thank the TSX Venture Exchange for its assistance in this matter.

About Hapbee

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.