HF Foods Group Inc. 8-K

What Happened
HF Foods Group Inc. (HFFG) filed an 8-K (dated April 3, 2026) disclosing that on March 30, 2026 it entered into a Joinder and Amendment No. 5 to its Third Amended and Restated Credit Agreement with JPMorgan Chase as Administrative Agent and certain lenders, including Wells Fargo and Fifth Third. The amendment revises the company’s $125 million asset‑secured revolving credit facility by extending the maturity, changing the interest benchmark and adding a new loan party.

Key Details

• Facility size: $125.0 million asset‑secured revolving credit facility (Existing Credit Agreement originally dated March 31, 2022).
• Amendment date: Joinder and Amendment No. 5 executed March 30, 2026; 8‑K filed April 3, 2026.
• Maturity: Extended to the earlier of March 31, 2031 or certain other dates per the amended agreement.
• Interest: Rates amended to be based on 1‑month SOFR plus a fixed spread that varies with the daily availability of the revolving commitment.
• Other changes: Adds HF Atlanta, LLC as a new loan party; certain subsidiaries act as guarantors.
• Reporting: The amendment is a material definitive agreement (Item 1.01) and creates/amends a direct financial obligation (Item 2.03); the amendment is filed as Exhibit 10.1 (with customary redactions).

Why It Matters
This amendment affects HFFG’s borrowing terms and liquidity profile by extending how long the company can access the $125M revolving facility (now through 2031 under specified conditions) and by changing pricing to a SOFR‑based rate. For investors, the amendment is material because it preserves access to committed credit, potentially impacts future interest expense (tied to short‑term SOFR) and formalizes additional guarantors and a new loan party. The 8‑K confirms the change is a binding credit amendment with major banks as lenders and clarifies there are no other material relationships beyond customary banking services.