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Hapbee Technologies ( (TSE:HAPB) ) has provided an update.
Hapbee Technologies Inc. has announced an upgrade of its U.S. listing to the OTCID tier on the OTC Markets Group platform, effective July 1, 2025. This move is part of Hapbee’s strategy to enhance transparency and engagement with a broader group of U.S.-based investors, aligning with its growth strategy and market rollout plans. The upgrade to the OTCID tier, which is designed for international issuers meeting higher standards, is expected to improve investor outreach, market quality, and corporate credibility. Additionally, Hapbee has updated the status of its delayed audited financial statements for the year ended December 31, 2024, which are expected to be filed by June 30, 2025. A Management Cease Trade Order (MCTO) has been issued, restricting trading by the company’s CEO and CFO until the filings are completed.
Spark’s Take on TSE:HAPB Stock
According to Spark, TipRanks’ AI Analyst, TSE:HAPB is a Underperform.
Hapbee Technologies scores low overall due to severe financial instability, marked by declining revenue, persistent net losses, and negative equity. While there are slight technical strengths indicating short-term market support, the overall financial health and valuation remain concerning, making the stock a high-risk investment.
To see Spark’s full report on TSE:HAPB stock, click here.
More about Hapbee Technologies
Hapbee Technologies Inc. is a digital wellness company that specializes in wearable devices designed to optimize how users feel, sleep, and perform. Utilizing ultra-low radio frequency energy (ulRFE®), their products, including the Hapbee Mobile App, Smart Sleep Pad, Neckband, and Immersive Mattress Topper, aim to promote wellness states such as focus, relaxation, and improved sleep without ingestibles. Their offerings are popular among wellness enthusiasts, high-performance athletes, and health professionals worldwide.
Average Trading Volume: 134,335
Technical Sentiment Signal: Buy
Current Market Cap: C$28.12M
See more data about HAPB stock on TipRanks’ Stock Analysis page.