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Hapbee Appoints Hasan Shahid to Board of Directors to Strengthen Capital Markets & Strategic Growth Capabilities

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Hapbee (OTCQB: HAPBF) appointed Hasan Shahid to its Board of Directors effective December 3, 2025, adding a board member with over 25 years of experience in technology, digital transformation and capital markets.

Mr. Shahid is founder and CIO of League Capital and has led ventures including iDream Labs, with early investments listed such as Miner One, Apex Fund, Jurny, Substack, Wefunder and Waterloop. The company said the appointment strengthens capital markets readiness and institutional partnership efforts. The company also announced that Rachid Lassal has stepped down from the board.

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Positive

  • Appointed Hasan Shahid to board on Dec 3, 2025
  • Adds 25+ years of technology and capital markets experience
  • Brings founder/CIO experience from League Capital
  • Board gains early-stage investing and AI/crypto expertise

Negative

  • Board turnover: Rachid Lassal stepped down

Seasoned technologist, investor, and capital markets leader joins Hapbee’s Board

VANCOUVER, British Columbia, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Hapbee Technologies, Inc. (TSXV: HAPB; OTCQB: HAPBF; FWB: HA1) (“Hapbee” or the “Company”) is pleased to announce the appointment of Hasan Shahid to its Board of Directors. Mr. Shahid brings more than 25 years of experience across technology, digital transformation, capital markets, and alternative investments, strengthening the Company’s strategic capabilities as it continues scaling its platform and partnerships.

Hasan Shahid is the Founder and Chief Investment Officer of League Capital, a New York–based hedge fund specializing in technology, artificial intelligence, digital assets, and alternative investment strategies. Under his leadership, League Capital has delivered exceptional performance while serving private clients and family offices.

A seasoned operator and investor, Mr. Shahid has founded and led multiple ventures throughout his career. He launched iDream Labs, an angel investment and incubation platform for disruptive technologies spanning AI, crypto, fintech, and cloud infrastructure. His portfolio includes notable early investments such as:

  • Miner One (the first Bitcoin mining initiative launched in space)
  • Apex Fund (the first tokenized fund of funds)
  • Jurny (AI hospitality management SaaS)
  • Substack (subscription-based publishing platform)
  • Wefunder (startup crowdfunding marketplace)
  • Waterloop (SpaceX Hyperloop competition finalist)

Mr. Shahid holds a Systems Design Engineering degree from the University of Waterloo and dual MBAs from Columbia Business School and London Business School. His experience spans digital transformations, structured finance, corporate governance, and scaling high-growth technology organizations - all valuable competencies for a public company board.

“Hasan’s appointment fills a major strategic capability need for Hapbee, particularly as we expand our capital markets readiness and deepen our pipeline of institutional partnerships,” said Riz Shah, Chairman of Hapbee. “His combination of investment acumen, technology leadership, and experience guiding high-growth organizations will be instrumental as we execute our next phase of growth. We are excited to welcome Hasan to the Board.”

The Company also announces that Rachid Lassal has stepped down from the Board of Directors. The board of Hapbee thanks Mr. Lassal for his service and contributions to the Company and wishes him the very best in his future endeavors.

About Hapbee

Hapbee Technologies, Inc. is a digital wellness company that helps people optimize their sleep, relaxation, mood, and performance using patented ultra-low-frequency technology. Delivered through the Hapbee Neckband, Sleep Pad, and a growing ecosystem of future form factors, Hapbee enables users to choose how they feel — safely, non-invasively, and without chemicals or drugs.

For more information, visit www.hapbee.com.

Forward-Looking Information and Statements

This news release contains “forward-looking information” which may include, but is not limited to, statements with respect to the Company’s planned operations, business strategy and developments. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are based on various assumptions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the receipt of applicable regulatory approvals; anticipated product development; consumer confidence; and general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements.

Neither TSXV nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

On behalf of the Board of Directors:
Krishna Subramanian – Chief Financial Officer and Director
1 888 841 7086
invest@hapbee.com

For further information, please contact:
Media Contact: Jonathan Sheeri
jon@hapbee.com
T: 1 888-841-7086
www.hapbee.com


FAQ

Who was appointed to the Hapbee board on December 3, 2025 (HAPBF)?

Hasan Shahid was appointed to Hapbee's Board of Directors effective December 3, 2025.

What experience does Hasan Shahid bring to Hapbee (HAPBF)?

Mr. Shahid brings over 25 years in technology, digital transformation, capital markets and alternative investments.

How might Hasan Shahid's appointment affect Hapbee's capital markets readiness (HAPBF)?

The company said his investment and capital markets background will strengthen capital markets readiness and institutional partnership efforts.

Which ventures and investments are associated with Hasan Shahid in the Hapbee announcement (HAPBF)?

The announcement lists League Capital, iDream Labs and early investments including Miner One, Apex Fund, Jurny, Substack, Wefunder, and Waterloop.

Did any board members leave Hapbee alongside the new appointment (HAPBF)?

Yes, the company announced that Rachid Lassal has stepped down from the Board of Directors.
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