---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-016436"
form_type: "8-K"
ticker: "HQI"
cik: "0001140102"
company_name: "HireQuest, Inc."
filed_at: "2026-05-12T20:17:31+00:00"
generated_at: "2026-05-12T20:32:04.702007+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# HireQuest offers $105M cash to buy TrueBlue's People-Ready on-demand segment

## Summary
- Proposal to acquire certain assets of TrueBlue's People-Ready segment for $105M in cash.
- HQI says offer equals $3.45 per TrueBlue share based on recent proxy filing.
- Previous all-company offers at $7.50-$12.30/share in 2025 were rejected by TBI board.
- HQI states on-demand business is underperforming and complementary to its HireQuest Direct division.
- HQI exploring all options; no deal yet with TrueBlue.

## SEC filing metadata
- accession: 0001437749-26-016436
- form_type: 8-K
- ticker: HQI
- cik: 0001140102
- company_name: HireQuest, Inc.
- filed_at: 2026-05-12T20:17:31+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140102/000143774926016436/0001437749-26-016436-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140102/000143774926016436/hqi20260512_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-016436
- JSON: https://secwatch.observer/filing/0001437749-26-016436.json
- Plain text: https://secwatch.observer/filing/0001437749-26-016436.txt

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