Business
Hapbee Announces Private Placement, Led by Principals of Satori Capital
Hapbee Announces Private Placement, Led by Principals of Satori Capital Canada ...
About this update from Hapbee Technologies, Inc.
[{"type":"text","content":"\n \n \n \n Hapbee Announces Private Placement, Led by Principals of Satori Capital\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n OR THROUGH U.S. NEWSWIRE SERVICES/\n \n \n MONTRÉAL,\n \n Nov. 5, 2021\n \n /CNW/ - Hapbee Technologies, Inc. (TSXV: HAPB) (OTCQB: HAPBF) (FSE: HA1) (\"Hapbee\" or the \"Company\"), the Canadian-based wearable, wellness technology company and creator of the Hapbee headband is pleased to announce its plans to issue up to 11,666,666 units (\"\n \n Units\n \n \") in a non-brokered private placement at a price of\n \n $0.30\n \n per Unit for total gross proceeds of up to\n \n $3,500,000\n \n (the \"\n \n Offering\n \n \"). The capital raised from the Company's Offering will be utilized for numerous initiatives, including product commercialization and development.\n \n \n \n \n \n \n \n \n \n \"We are pleased to announce that principals of Satori Capital, a prominent U.S.-based investment firm founded on the principles of conscious capitalism, will be leading Hapbee's financing,\" said\n \n Yona Shtern\n \n , CEO of Hapbee. \"As we accelerate our growth within the wearables wellness sector, it is integral to have stakeholders who understand and believe in the long-term vision for the Company. Satori Capital is led by principals who have built and managed successful companies and multi-billion-dollar investment firms. Their guidance has helped steer leadership teams toward long-term value creation for all stakeholders. I look forward to closing the Offering and making significant inroads into the wearables market in 2022.\"\n \n \n \"We are thrilled to partner with Hapbee's talented leadership team to bring this innovative and impactful technology to even more users,\" said Satori co-founder\n \n Randy Eisenman\n \n . \"We are grateful for the opportunity to closely align with such a mission-driven business whose products truly enrich people's lives.  While Hapbee is clearly off to an impressive start, we ...