---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-016520"
form_type: "8-K/A"
ticker: "HQI"
cik: "0001140102"
company_name: "HireQuest, Inc."
filed_at: "2025-05-13T23:59:59+00:00"
generated_at: "2026-05-21T12:58:28.603391+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# HireQuest proposes $7.50/share all-stock acquisition of TrueBlue, a 61% premium

## Summary
- Offers $7.50/share (61% premium over May 12 close of $4.65) in all-stock, no financing contingency.
- Proposal follows nearly two years of rebuffed attempts; letter sent May 9, made public May 13.
- HireQuest has completed 15 prior acquisitions; plans to convert TrueBlue branches to franchise model.
- Alternative offer: acquire PeopleReady subsidiary for up to $150M cash if TrueBlue prefers.
- HireQuest willing to add cash component and increase price if negotiated deal is reached.

## SEC filing metadata
- accession: 0001437749-25-016520
- form_type: 8-K/A
- 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: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140102/000143774925016520/0001437749-25-016520-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140102/000143774925016520/hqi20250513_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-016520
- JSON: https://secwatch.observer/filing/0001437749-25-016520.json
- Plain text: https://secwatch.observer/filing/0001437749-25-016520.txt

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