HF Foods adopts poison pill with 15% trigger after detecting undisclosed stock accumulation

HF Foods Group Inc.

One Right per share distributed to holders of record June 22, 2026; exercisable if a party reaches 15% beneficial ownership without board approval.
Rights plan has a 364-day term expiring June 10, 2027; board has not initiated a sale process.
Company engaged Arnold & Porter Kaye Scholer LLP as legal advisor.
Rights plan is intended to ensure a full control premium for all shareholders and preserve board decision-making time.
Triggered Rights allow holders (excluding the triggering party) to buy additional shares at a 2x market value formula.

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