Akerman represented HF Foods Group Inc., a leading food distributor to Asian restaurants across the United States, in establishing an at-the-market (ATM) equity offering program through which it may sell shares of its common stock from time to time for aggregate gross proceeds of up to $100 million.

The Akerman team advising HF Foods included Christina Russo, co-chair of the Capital Markets Practice, Corporate Practice Group special counsel Tara Jackson, and Corporate Practice Group associates Taylor Jobb and Amanda Rementeria.  

Headquartered in Las Vegas, HF Foods supplies fresh produce, frozen and dry food, and non-food products primarily to Asian restaurants and other foodservice customers nationwide. The company intends to use the net proceeds from the ATM program for general corporate purposes, including working capital, capital expenditures, acquisitions, and expansion of its business.

About Akerman
Founded in 1920, Akerman is recognized as one of the country’s premier law firms, with more than 700 lawyers throughout the United States.