HF Foods Group Terminates At-The-Market Equity Offering Program

LAS VEGAS, Sept. 18, 2026 /CourierPR/ -- HF Foods Group Inc., a leading distributor of international foodservice solutions to Asian restaurants and other businesses across the United States and Canada, has announced the termination of its At-The-Market equity offering program. The company had established this program on September 25, 2025, under a Sales Agreement with D.A. Davidson & Co. and Roth Capital Partners, LLC. The agreement allowed HF Foods to sell shares of its common stock for aggregate gross proceeds of up to $100 million. This termination became effective as of September 24, 2026.

The decision to terminate the program was made in line with the company's strategic considerations and market conditions. According to the press release, the forward-looking statements contained within the document are subject to certain risks and uncertainties, as detailed in the Securities Act of 1933, Section 27A, and the Securities Exchange Act of 1934, Section 21E. These statements, which include expectations regarding the company's financial position and business strategy, are subject to change based on various factors.

HF Foods Group Inc. continues to operate as a leading marketer and distributor of fresh produce, frozen and dry food, and non-food products to primarily Asian restaurants and other foodservice customers throughout the United States and Canada. The company aims to supply the increasing demand for Asian American restaurant cuisine, leveraging its nationwide network of distribution centers and strong relations with growers and suppliers of high-quality specialty restaurant food products and supplies in the US and Asia.

The termination of the At-The-Market equity offering program does not affect the company's ongoing operations or its commitment to serving its customers. HF Foods remains focused on its core business and strategic initiatives aimed at enhancing its market position and meeting the evolving needs of its customer base. The company's strategic considerations and market conditions led to this decision, reflecting a broader assessment of its capital structure and financial planning.

The press release further notes that HF Foods Group Inc. is headquartered in Las Vegas, Nevada, and trades on the Nasdaq under the symbol "HFFG." For more information, the company's website, www.hffoodsgroup.com, is available. The forward-looking statements included in the press release are subject to risks and uncertainties, including those related to the capital markets generally. HF Foods undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Additional information about factors that could cause actual results to differ materially from those contemplated in the forward-looking statements included in this news release should be considered in connection with information regarding risks and uncertainties that may affect HF Foods' future results, which can be found in the company's filings with the Securities and Exchange Commission (SEC) at www.sec.gov.

The termination of the At-The-Market equity offering program is a significant development for HF Foods Group Inc. and its stakeholders. It reflects the company's ongoing efforts to manage its capital structure and align its financial strategies with its long-term goals. The decision to terminate the program is part of a broader strategic plan that aims to enhance the company's financial flexibility and operational efficiency.