---
title: "HF Foods Group adopts 364-day shareholder rights plan, issues one right per share"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289581468.md"
description: "HF Foods Group adopted a 364-day shareholder rights plan, declaring one right per share to protect against undisclosed accumulation of stock. The plan triggers if any party acquires over 15% without board approval, allowing other holders to buy shares at half price while voiding the acquirer's rights. Effective immediately, it expires June 10, 2027."
datetime: "2026-06-12T10:13:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289581468.md)
  - [en](https://longbridge.com/en/news/289581468.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289581468.md)
generator: "portal-rs"
---

# HF Foods Group adopts 364-day shareholder rights plan, issues one right per share

**HF Foods Group adopted a limited duration stockholder rights plan and declared one right per outstanding share to protect against undisclosed accumulation.**

**Key Highlights:**

-   Board approved a limited duration Rights Plan and declared one Right per share for holders of record as of June 22, 2026.
-   Plan responds to indications of undisclosed stock accumulation and group formation aimed at gaining control of the company.
-   Rights generally become exercisable if any party acquires 15%+ of outstanding common stock without Board approval.
-   Exercisable Rights allow holders (excluding the acquirer) to buy additional shares with market value twice the exercise price; triggering party’s Rights void.
-   Rights Plan is effective immediately and expires June 10, 2027; company retained Arnold & Porter Kaye Scholer as legal advisor.

Original SEC Filing: HF Foods Group Inc. \[ HFFG \] - 8-K - Jun. 11, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**