---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-096950"
form_type: "8-K"
ticker: "HFFG"
cik: "0001680873"
company_name: "HF Foods Group Inc."
filed_at: "2026-09-03T12:46:02+00:00"
generated_at: "2026-09-03T12:50:09.013162+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HF Foods completes CAD$47.9M (US$35M) acquisition of Searay Foods, first Canada expansion

## Summary
- Acquired 100% of Searay Foods for ~CAD$47.9M (US$35.0M), ~5.0x 2025 Adjusted EBITDA of CAD$9.56M.
- Consideration: CAD$38.4M (US$27.8M) cash plus 1,701,871 shares at $4.00/share; earnout tied to EBITDA.
- Deal expected immediately accretive to margins and EPS; adds specialty frozen seafood platform in Canada.
- Searay management led by CEO Derick Ngan will continue to run day-to-day operations as HF Foods subsidiary.
- JPMorgan-led lenders consented to joinder of Searay entities under existing credit facility; reserve released.

## SEC filing metadata
- accession: 0001213900-26-096950
- form_type: 8-K
- ticker: HFFG
- cik: 0001680873
- company_name: HF Foods Group Inc.
- filed_at: 2026-09-03T12:46:02+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 2.03, 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1680873/000121390026096950/0001213900-26-096950-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1680873/000121390026096950/ea0304088-8k_hffoods.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-096950
- JSON: https://secwatch.observer/filing/0001213900-26-096950.json
- Plain text: https://secwatch.observer/filing/0001213900-26-096950.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.