On April 18, 2024, Hapbee Technologies, Inc. closed the transaction. The company issued 50,454,544 units for gross proceeds of CAD 2,774,999.92. The transaction included participation from Rizwan Shah for 24,545,454 units at an issue price of CAD 0.055 for the gross proceeds of CAD 1,349,999.97 and Jaylen Brown also purchased for 24,545,454 units, at an issue price of CAD 0.55 per unit for the gross proceeds of CAD 1,349,999.97.

Prior to the transaction, Brown did not own any Shares. Following the transaction, Jaylen Brown now owns 24,545,454 Shares, representing 14.8% of company's issued and outstanding Shares. Assuming the exercise of his Warrants and all other convertible securities, he owns 14.4% of the Shares on a fully diluted basis.