Hapbee Is Upgrading U.S. Listing to OTCID to Expand Investor Access and Increase Market Visibility
Hapbee Also Updates Status of Audited Financial Statements
VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) -- Hapbee Technologies Inc. (TSXV: HAPB | OTC: HAPBF) (“Hapbee” or the “Company”), a leading wearable wellness technology company, is pleased to announce that its U.S. listing has been upgraded from the OTC Pink Sheets to the newly established OTCID (OTC International Designated) tier on the OTC Markets Group platform. The Company will continue to trade under the symbol HAPBF once the upgrade is complete - effective July 1, 2025.
This uplisting reflects Hapbee’s ongoing commitment to enhancing transparency, accessibility, and engagement with a broader and diversified group of U.S.-based retail and institutional investors aligned with Hapbee’s market rollout plans and broader growth strategy.
“We are excited to advance our capital markets strategy with this upgrade to OTCID,” said Yona Shtern, CEO of Hapbee. “As we continue to scale our wellness platform and partner ecosystem across North America and internationally, this move provides U.S. investors with improved visibility and access to Hapbee’s shares in a more structured and enhanced trading environment.”
The OTCID market tier, launched by OTC Markets in 2024, is specifically designed for established, international issuers that meet higher standards of disclosure and governance. OTCID-listed companies benefit from expanded investor outreach capabilities, better market quality, and enhanced corporate credibility in the U.S. capital markets.
The Company’s primary listing remains on the TSX Venture Exchange under the symbol HAPB.
Update on Audited Financial Statements
The Company also announces that the filing of its annual audited financial statements and MD&A for the year ended December 31, 2024 (the “Financial Statements”), required pursuant to Parts 4 and 5 of National Instrument 51-102 Continuous Disclosure Obligations, remains delayed. For a detailed explanation of the reasons for the delay, please see the Company’s news releases dated April 18 and May 15, 2025.
The Auditor is in the process of finalizing its audit of the Financial Statements for review by the Company’s audit committee. The Company is expecting to file the Financial Statements together with the Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”) certifications (collectively, the “Required Filings”) within the next seven days. In any event, the Company does not anticipate any issue in completing and filing the Required Filings on or before June 30, 2025, and will continue providing updates on its progress.