HF Foods Group Inc. (NASDAQ: HFFG) announced today, September 25, 2025, that it has established an At‑The‑Market (ATM) equity offering program that may sell shares of its common stock for aggregate gross proceeds of up to $100 million. The shares will be offered through D.A. Davidson & Co. and Roth Capital Partners, who will serve as sales agents for the program.
The company stated that net proceeds from the ATM offering will be used for general corporate purposes, including providing working capital, funding capital expenditures, and financing possible acquisitions or expansion of its business. This financing tool gives HF Foods flexibility to raise capital on an as‑needed basis without the need for a full public offering.
The ATM program is supported by a prospectus supplement dated September 25, 2025, attached to the company’s shelf registration statement on Form S‑3 (File No. 333‑281918), which became effective on September 17, 2024. The supplement provides full disclosure of the offering terms and the company’s intent to use the proceeds for growth initiatives.
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