HF Foods Group Inc. adopted a Preferred Stock Rights Agreement on June 11, 2026, to protect against unsolicited takeover efforts and unreported stockholder group formation. The agreement distributes one Right per share of common stock to holders of record as of June 22, 2026, which allows holders to purchase Series AA Participating Preferred Stock at $9.55 per share. The plan includes a 'flip-in' trigger if an acquiring person reaches 15% ownership and a 'flip-over' trigger for certain mergers. The company operates in the food industry and provides food products.
