What Happened to HF Foods Group?
Ticker: HFFGSPAC Year: 2017Merger: 2019
Return
-82.3%
Current Price
$1.77
Peak Price
$35
Trust Size
$542M
Summary
HF Foods Group Inc. (HFFG) filed its S-1 registration in 2017 and completed its business combination in 2019. The company remains actively traded with 391 SEC filings on record.
What Happened
HF Foods Group Inc. entered the SPAC market in 2017 with its initial S-1 filing with the SEC, joining the wave of blank check companies seeking acquisition targets.
The company filed a definitive proxy statement (DEFM14A) ahead of its merger vote, completing its de-SPAC transaction in 2019.
SEC records show 391 total filings, including annual (10-K) and quarterly (10-Q) financial reports.
The company was incorporated in Delaware, the preferred jurisdiction for the vast majority of SPACs due to its business-friendly legal framework.
Timeline
2017-06-26
S-1 Registration Filed
2019-10-02
Merger Proxy Filed (DEFM14A)