We maintain our 3Q:25 estimates, including sales of $306 million and adjusted EPS of $0.12, reflecting steady execution despite a still-challenging macro backdrop. For 2025, we continue to model $1.232 billion in sales and adjusted EPS of $0.45 and, for 2026, we forecast 4.2% year-over-year sales growth to $1.284 billion and adjusted EPS of $0.70. The recently announced acquisition of the Chicago distribution facility is, in our view, strategically accretive and a continuation of HF Foods' long-term plan to strengthen its national footprint. The site complements recent investments in Charlotte and Atlanta, with opportunities to enhance capacity and cross-selling across key regions. The company's $100 million at-the-market (ATM) equity program provides flexibility to fund capital investments, working capital needs, and potential acquisitions. We view the program as a strategic tool to support execution, not as an indication of capital need. At the end of 2Q:25, HF Foods held $15.7 million in cash and approximately $90 million in net debt, providing balance sheet capacity to fund organic growth and disciplined M&A. Combined with the ATM program, the company maintains multiple levers to support its long-term strategic plan, in our view. The appointment of Jeffery Taylor to the Board of Directors adds extensive public-company CFO and M&A expertise that aligns directly with HF Foods' transformation strategy. The decision to seek a new CFO, while challenging, complements CEO Felix Lin's operational strengths and underscores management's focus on building a stronger, more agile leadership team. We maintain our $7 price target and Moderate risk rating, supported by transformation progress, improved purchasing scale, and long-term earnings power. Our $7 price target is based on 10x our 2026 EPS estimate of $0.70.