---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-016279"
form_type: "8-K"
ticker: "HQI"
cik: "0001140102"
company_name: "HireQuest, Inc."
filed_at: "2025-05-13T23:59:59+00:00"
generated_at: "2026-05-21T12:59:31.495178+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# HireQuest proposes acquisition of TrueBlue for $7.50/share in stock, 61% premium

## Summary
- Offer of $7.50 per share in HireQuest stock, representing 61% premium over TrueBlue's May 12 close of $4.65.
- Proposal is unsolicited; HireQuest says TrueBlue board has refused engagement for nearly two years.
- HireQuest has completed 15 prior staffing acquisitions; this would be the 16th.
- Alternative: HireQuest willing to buy TrueBlue's PeopleReady subsidiary for up to $150M cash.
- Consideration is all-stock with no financing contingency; expected to qualify as tax-free reorganization.

## SEC filing metadata
- accession: 0001437749-25-016279
- form_type: 8-K
- ticker: HQI
- cik: 0001140102
- company_name: HireQuest, Inc.
- filed_at: 2025-05-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140102/000143774925016279/0001437749-25-016279-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140102/000143774925016279/hqi20250512_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-016279
- JSON: https://secwatch.observer/filing/0001437749-25-016279.json
- Plain text: https://secwatch.observer/filing/0001437749-25-016279.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.