---
schema_version: "secwatch.filing_event.v1"
accession: "0001680873-26-000051"
form_type: "8-K"
ticker: "HFFG"
cik: "0001680873"
company_name: "HF Foods Group Inc."
filed_at: "2026-07-23T12:42:26+00:00"
generated_at: "2026-07-23T12:45:09.042160+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 Group to acquire Searay Foods for CAD$47.9M (US$35M), first international expansion

## Summary
- Total consideration CAD$47.9M (~US$35M), ~5.0x Searay's 2025 Adjusted EBITDA of CAD$9.6M.
- Consideration includes cash and 1.7M shares of HFFG common stock; earnout based on EBITDA targets.
- Transaction expected to close in Q3 2026, subject to regulatory approvals and customary conditions.
- Acquisition expected to be immediately accretive to margins and EPS; HF Foods reaffirms 4.5%-5.0%+ EBITDA margin target.
- Searay's management, led by incoming CEO Derick Ngan, to continue operations as a subsidiary.

## SEC filing metadata
- accession: 0001680873-26-000051
- form_type: 8-K
- ticker: HFFG
- cik: 0001680873
- company_name: HF Foods Group Inc.
- filed_at: 2026-07-23T12:42:26+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1680873/000168087326000051/0001680873-26-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1680873/000168087326000051/hffg-20260717.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001680873-26-000051
- JSON: https://secwatch.observer/filing/0001680873-26-000051.json
- Plain text: https://secwatch.observer/filing/0001680873-26-000051.txt

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