HF Foods Group Inc.

09/25/2025 | Press release | Distributed by Public on 09/25/2025 15:06

HF Foods Group Inc. Announces $100 Million (Form 8-K)

HF Foods Group Inc. Announces $100 Million

At-The-Market (ATM) Equity Offering Program

LAS VEGAS - September 25, 2025 - HF Foods Group Inc. (NASDAQ: HFFG) ("HF Foods" or the "Company"), a leading food distributor to Asian restaurants across the United States, announced today that it has established an At-The-Market ("ATM") equity offering program under which it may sell, from time to time, shares of its common stock for aggregate gross proceeds of up to $100 million. The shares of common stock will be offered through D.A. Davidson & Co. and Roth Capital Partners, which will serve as sales agents for the ATM.

The Company intends to use the net proceeds from the sale of common stock under the ATM primarily for general corporate purposes, which may include, among other things, providing working capital, funding capital expenditures, and paying for possible acquisitions or the expansion of our business.

The shares will be issued pursuant to a prospectus supplement, dated September 25, 2025, to the Company's shelf registration statement on Form S-3 (File No. 333-281918), which filed with the Securities and Exchange Commission (the "SEC") on September 4, 2024, and became effective on September 17, 2024. Before you invest, you should read the prospectus, the prospectus supplement relating to the ATM program and other documents HF Foods has filed with the SEC (many of which are incorporated by reference into the prospectus) for more complete information about HF Foods and the ATM program. You may obtain copies of the prospectus supplement and accompanying prospectus relating to the offering without charge by visiting the SEC's website at www.sec.gov, or the Company's website at https://investors.hffoodsgroup.com/financials/sec-filings. D.A. Davidson & Co. and Roth Capital Partners, LLC are acting as sales agents for this offering.

HF Foods Group Inc. published this content on September 25, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 25, 2025 at 21:07 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]