HF Foods Group Inc. Announces $100 Million At-The-Market (ATM) Equity Offering Program

Core Viewpoint - HF Foods Group Inc. has launched an At-The-Market (ATM) equity offering program to sell shares of its common stock for gross proceeds of up to $100 million [1][2]. Group 1: Equity Offering Details - The ATM program will allow HF Foods to sell shares through D.A. Davidson & Co. and Roth Capital Partners as sales agents [1]. - The proceeds from the ATM program will primarily be used for general corporate purposes, including working capital, capital expenditures, and potential acquisitions or business expansion [2]. Group 2: Company Overview - HF Foods Group Inc. is a prominent distributor of fresh produce, frozen and dry food, and non-food products, primarily serving Asian restaurants and foodservice customers across the United States [5]. - The company aims to meet the growing demand for Asian American cuisine by leveraging its distribution network and strong relationships with suppliers in the US, South America, and Asia [5].