Company: HFFG
Filing Date: 2025-09-25
Form Type: 424B5
Source: 0001680873-25-000057
Chunk: 11

Company: HF Foods Group Inc.
Filing Date: 2025-09-25
Form: 424B5
Chunk 11
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 book value per share of our common stock immediately after this offering. Our net tangible book value of our common stock as of June 30, 2025 was $42.9 million, or $0.81 per share of common stock based upon 53,014,705 shares outstanding. Net tangible book value per share is equal to our total tangible assets, less our total liabilities, divided by the total number of shares outstanding as of June 30, 2025.

After giving effect to the sale of our common stock in the aggregate amount of $100,000,000 at an assumed offering price of $3.39 per share, the last reported sale price of our common stock on Nasdaq on September 24, 2025, and after deducting commissions and estimated offering expenses payable by us, our as adjusted net tangible book value as of June 30, 2025 would have been $140.7 million, or $1.70 per share of common stock. This represents an immediate increase in net tangible book value of $0.89 per share to our existing stockholders and an immediate dilution in net tangible book value of $1.69 per share to new investors in this offering.

The following table illustrates this calculation on a per share basis. The as-adjusted information is illustrative only and will adjust based on the actual price to the public, the actual number of shares sold and other terms of the offering determined at the time shares of our common stock are sold pursuant to this prospectus supplement. The as-adjusted information assumes that all of our common stock in the aggregate amount of $100,000,000 is sold at the assumed offering price of $3.39 per share, the last reported sale price of our common stock on Nasdaq on September 24, 2025. The shares sold in this offering, if any, will be sold from time to time at various prices.

| Assumed public offering price per share                                    |     |   |      |      |     | $ | 3.39 |      |
| Historical net tangible book value per share as of June 30, 2025           |     | $ |      | 0.81 |     |   |      |      |
| Increase in net tangible book value per share attributable to the offering |     | $ | 0.89 |      |     |   |      |      |
| As adjusted net tangible book value per share, after this offering         |     |   |      |      |