HF Foods adopts 364-day stockholder rights plan, triggers at 15% stake

HF Foods Group, Inc.

HF Foods Group, Inc.

HFFG

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  • HF Foods board adopted a limited-duration stockholder rights plan to deter undisclosed share accumulation aimed at gaining control.
  • Declared a dividend of one right per common share to holders of record at the close of business June 22, 2026.
  • Rights generally become exercisable if an unapproved holder reaches 15% beneficial ownership; holders can buy shares worth twice the exercise price.
  • Plan takes effect immediately, expires June 10, 2027; board said it is not pursuing a sale process.


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