HF Foods Group Inc. Announces $100 Million At-The-Market (ATM) Equity Offering Program
HF Foods Group (NASDAQ: HFFG), a leading food distributor to Asian restaurants in the United States, has announced the establishment of a $100 million At-The-Market (ATM) equity offering program. The company will work with D.A. Davidson & Co. and Roth Capital Partners as sales agents for the ATM offering.
The offering will be conducted through a prospectus supplement dated September 25, 2025, under the company's existing shelf registration statement. The net proceeds will be used for general corporate purposes, including working capital, capital expenditures, potential acquisitions, and business expansion.
HF Foods Group (NASDAQ: HFFG), leader nella distribuzione di cibo per ristoranti asiatici negli Stati Uniti, ha annunciato l'avvio di un programma di offerta di azioni ATM (At-The-Market) del valore di 100 milioni di dollari. L'azienda collaborerà come agenti di vendita con D.A. Davidson & Co. e Roth Capital Partners per l'offerta ATM.
L'offerta sarà realizzata tramite un supplemento al prospetto datato 25 settembre 2025, nell'ambito dell'attuale registro di shelf dell'azienda. Le somme nette saranno usate per finalità aziendali generali, inclusi capitale circolante, investimenti, potenziali acquisizioni ed espansione aziendale.
HF Foods Group (NASDAQ: HFFG), líder distribuidor de alimentos a restaurantes asiáticos en Estados Unidos, ha anunciado la creación de un programa de oferta de acciones ATM (At-The-Market) por 100 millones de dólares. La compañía trabajará con D.A. Davidson & Co. y Roth Capital Partners como agentes de venta para la oferta ATM.
La oferta se llevará a cabo mediante un suplemento de prospecto fechado el 25 de septiembre de 2025, bajo la actual declaración de registro en estante de la empresa. Los ingresos netos se destinarán a propósitos corporativos generales, incluyendo capital de trabajo, gastos de capital, posibles adquisiciones y expansión comercial.
HF Foods Group (나스닥: HFFG), 미국 내 아시아식당에 식품을 공급하는 선도적 유통기업은 1억 달러 규모의 ATM(At-The-Market) 주식 공모 프로그램을 설립했다고 발표했습니다. 회사는 D.A. Davidson & Co.와 Roth Capital Partners를 ATM 공모의 판매 대리인으로 협력할 예정입니다.
공모는 회사의 기존 shelf 등록신고서에 따라 2025년 9월 25일자의 증권설명서 보충서를 통해 진행될 예정입니다. 순수익은 일반 기업용 자금으로 사용되며, 운전자본, 자본적 지출, 잠재적 인수 및 사업 확장이 포함됩니다.
HF Foods Group (NASDAQ : HFFG), leader dans la distribution alimentaire pour les restaurants asiatiques aux États-Unis, a annoncé la mise en place d'un programme d'offre d'actions au marché ATM d'un montant de 100 millions de dollars. La société travaillera avec D.A. Davidson & Co. et Roth Capital Partners comme agents de vente pour l'offre ATM.
L'offre sera réalisée par le biais d'un supplément de prospectus daté du 25 septembre 2025, en vertu de le registre de planche existant de l'entreprise. Les produits nets seront utilisés pour des finalités générales d'entreprise, notamment le fonds de roulement, les dépenses d'investissement, les acquisitions potentielles et l'expansion commerciale.
HF Foods Group (NASDAQ: HFFG), ein führender Lebensmittellieferant an asiatische Restaurants in den Vereinigten Staaten, hat die Einrichtung eines ATM-Eigenkapital-Emissionsprogramms im Wert von 100 Millionen US-Dollar bekannt gegeben. Das Unternehmen wird mit D.A. Davidson & Co. und Roth Capital Partners als Verkaufsagenten für das ATM-Angebot zusammenarbeiten.
Das Angebot wird durch einen Prospektanhang datiert auf 25. September 2025 unter der bestehenden Shelf-Registration des Unternehmens durchgeführt. Die Nettogewinne werden für allgemeine Unternehmenszwecke verwendet, einschließlich Working Capital, Investitionen, potenziellen Akquisitionen und Geschäftsausbau.
HF Foods Group (ناسداك: HFFG)، مُوزع رائد للأغذية للمطاعم الآسيوية في الولايات المتحدة، قد أعلن عن إنشاء برنامج طرح أسهم سوقي آلي بقيمة 100 مليون دولار (ATM). ستتعاون الشركة مع D.A. Davidson & Co. و Roth Capital Partners كوكلاء مبيعات لعرض ATM.
سيتم تنفيذ العرض من خلال مُكمّل نشرة الإصدار المؤرّخ بـ 25 سبتمبر 2025، وفقاً لبيان التسجيل على الرف الحالي للشركة. وسيُستخدم صافي العائدات لأغراض عامة للشركة، بما في ذلك رأس المال العامل، والنفقات الرأسمالية، وعمليات الاستحواذ المحتملة، وتوسيع الأعمال.
HF Foods Group（纳斯达克股票代码：HFFG），一家在美国面向亚裔餐厅的领先食品分销商，宣布设立1亿美元的市场发行（ATM）股票发行计划。公司将与D.A. Davidson & Co. 与 Roth Capital Partners共同担任ATM发行的销售代理。
该发行将通过截至2025年9月25日的招股说明书补充文件进行，属于公司现有货架登记声明。净收益将用于一般企业用途，包括营运资金、资本支出、潜在并购与业务扩张。
- Flexibility in raising up to $100 million in capital
- Potential for business expansion and acquisitions
- Strategic partnership with established financial institutions as sales agents
- Potential dilution of existing shareholders' equity
- Market pressure on stock price due to additional share supply
Insights
HF Foods setting up $100M ATM offering signals significant capital raising that may dilute existing shares while funding growth initiatives.
HF Foods Group's establishment of a
The company's stated use of proceeds is notably broad, encompassing working capital, capital expenditures, potential acquisitions, and business expansion. This suggests HF Foods is positioning itself for growth opportunities while strengthening its balance sheet. For a food distributor focused on Asian restaurants, these funds could help expand distribution networks, enhance logistics infrastructure, or acquire competitors to increase market share.
However, investors should understand the potential dilutive impact of this offering. As new shares enter the market, existing shareholders will own a smaller percentage of the company. The gradual nature of ATM programs means this dilution happens incrementally rather than all at once, but the
The selection of D.A. Davidson and Roth Capital as sales agents is strategic, as both firms have experience with small to mid-cap companies. This ATM program essentially creates a financial reservoir the company can tap into as needed, providing a cushion for operations while giving management capital deployment flexibility without returning to capital markets repeatedly.
LAS VEGAS, Sept. 25, 2025 (GLOBE NEWSWIRE) -- 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
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.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About HF Foods Group Inc.
HF Foods Group Inc. is 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. HF Foods aims to supply the increasing demand for Asian American restaurant cuisine, leveraging its nationwide network of distribution centers and its strong relations with growers and suppliers of fresh, high-quality specialty restaurant food products and supplies in the US, South America, and Asia. Headquartered in Las Vegas, Nevada, HF Foods trades on Nasdaq under the symbol “HFFG”. For more information, please visit www.hffoodsgroup.com.
Safe Harbor Disclosure
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, and typically can be identified by the use of words such as “expect,” “estimate,” “target,” “anticipate,” “forecast,” “plan,” “outlook,” “believe” and similar terms. Such forward-looking statements include, but are not limited to, statements regarding the anticipated consummation of the transactions described above, the anticipated benefits, opportunities and results with respect to such transactions and the Company’s anticipated use of proceeds from the sale of shares under the ATM program.
Although the Company believes that the expectations are reasonable, it can give no assurance that these expectations will prove to be correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, risks and uncertainties related to the capital markets generally, whether the Company will offer or sell shares under the ATM program and the anticipated use of proceeds.
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. The foregoing review of factors that could cause HF Foods' 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 included in HF Foods' filings with the SEC at www.sec.gov. In addition, HF Foods makes available free of charge at https://investors.hffoodsgroup.com/financials/sec-filings, copies of materials it files with, or furnishes to, the SEC.
Contacts:
ICR
Investors: Anna Kate Heller
Media: Michael Wolfe
hffoodsgroup@icrinc.com
D.A. Davidson & Co.
Tim Monfort
tmonfort@dadco.com
FAQ
What is the size of HF Foods Group's (HFFG) new ATM offering program?
How will HFFG use the proceeds from the ATM offering?
Who are the sales agents for HFFG's ATM offering?
When did HFFG's shelf registration statement become effective?
What is HF Foods Group's main business?
