HFFG News & Events

HF Foods Group opened its newest distribution center in the City of Powder Springs, Georgia at a ribbon cutting event at the new facility. The new distribution center will continue to service over 1,000 customers from HF Foods' previous Atlanta location, and is now open to deliver to more businesses throughout Georgia, Alabama, Mississippi and Tennessee.

HF Foods Group announced that it has entered into a binding purchase agreement for a distribution facility located in Chicago, Illinois. HF Foods previously leased the facility following its acquisition of Great Wall Seafood in 2022. The company believes its previously announced At-the-Market equity offering program will provide financial flexibility to expedite investments such as the Chicago warehouse acquisition to drive further growth. The ATM program is expected to provide the company additional liquidity for, among other items, working capital, capital expenditures, and possible acquisitions or business expansion.

HF Foods Group announced that it has established an At-The-Market equity offering program under which it may sell, from time to time, shares of its common stock for aggregate gross proceeds of up to $100M. 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.