# HF Foods Group Inc. (HFFG) — liquidation/plan_of_liquidation [announced]
Source: SEC API (secapi.ai) · situation sit_e06d2ed471125b3ca065 · retrieved 2026-08-11T15:52:11.742Z

## Overview
HF Foods Group Inc. is a Delaware corporation that operates as a wholesale grocer and related products distributor.

HF Foods Group Inc. entered into a Securities Purchase Agreement on July 17, 2026, to acquire 100% of Searay Foods Inc. and Morgan Foods Inc. (collectively, the "Company Group") from multiple sellers. The aggregate base purchase price is CAD$47,921,740, comprising CAD$38,365,392 in cash (subject to post-closing adjustments) and 1,701,871 shares of HF Foods common stock to be held in escrow. The sellers are also eligible to receive contingent earnout payments based on achievement of specified EBITDA targets over a two- to three-year period following closing. Closing is expected to occur no later than August 31, 2026, subject to satisfaction or waiver of customary closing conditions, including receipt of required regulatory approvals.

## Terms
- Counterparty: Searay Foods Inc. and Morgan Foods Inc. (sellers) · Consideration: mixed · Stake: 100%

## Key dates
- Announced 2026-07-23 · Expected close 2026-08-31

## Timeline
- 2026-07-23 · 8-K (0001680873-26-000051): 8-K - HF Foods Group Inc. — *HF Foods Group Inc. is a Delaware corporation that operates as a wholesale grocer and related products distributor.* HF Foods Group Inc. entered into a Securities Purchase Agreement on July 17, 2026, to acquire 100% of Searay Foods Inc. and Morgan Foods Inc. (collectively, the "Company Group") from multiple sellers. The aggregate base purchase price is CAD$47,921,740, comprising CAD$38,365,392 in cash (subject to post-closing adjustments) and 1,701,871 shares of HF Foods common stock to be held in escrow. The sellers are also eligible to receive contingent earnout payments based on achievement of specified EBITDA targets over a two- to three-year period following closing. Closing is expected to occur no later than August 31, 2026, subject to satisfaction or waiver of customary closing conditions, including receipt of required regulatory approvals.
  https://www.sec.gov/Archives/edgar/data/1680873/0001680873-26-000051.txt

## Citations
- 0001680873-26-000051 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000168087326000051