HireQuest, Inc. Files 8-K with Material Agreement
Ticker: HQI · Form: 8-K · Filed: Dec 1, 2025 · CIK: 1140102
| Field | Detail |
|---|---|
| Company | Hirequest, Inc. (HQI) |
| Form Type | 8-K |
| Filed Date | Dec 1, 2025 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, filing, regulation-fd
TL;DR
HQST filed an 8-K on 12/1/25 for a material definitive agreement. Details to follow.
AI Summary
On December 1, 2025, HireQuest, Inc. filed an 8-K report detailing a material definitive agreement. The filing also includes Regulation FD disclosures and financial statements/exhibits. HireQuest, Inc. is incorporated in Delaware and its principal executive offices are located at 111 Springhall Drive, Goose Creek, SC 29445.
Why It Matters
This 8-K filing indicates a significant new agreement for HireQuest, Inc., which could impact its business operations and financial performance.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's financial health and stock performance.
Key Players & Entities
- HireQuest, Inc. (company) — Registrant
- December 1, 2025 (date) — Date of earliest event reported
- 111 Springhall Drive, Goose Creek, SC 29445 (location) — Principal Executive Offices
- Command Center, Inc. (company) — Former Company Name
- TEMPORARY FINANCIAL SERVICES INC (company) — Former Company Name
FAQ
What is the nature of the material definitive agreement filed by HireQuest, Inc. on December 1, 2025?
The filing indicates the entry into a material definitive agreement, but the specific details of the agreement are not provided in the summary information of the 8-K.
What other information is included in the 8-K filing besides the material agreement?
The filing also includes Regulation FD Disclosure and Financial Statements and Exhibits.
When was HireQuest, Inc. incorporated or organized?
HireQuest, Inc. was incorporated or organized in Delaware.
What are the former names of HireQuest, Inc. and when did the name changes occur?
The former names were Command Center, Inc. (date of name change: 20060403) and TEMPORARY FINANCIAL SERVICES INC (date of name change: 20010507).
What is the business phone number for HireQuest, Inc.?
The business phone number is (843) 723-7400.
Filing Stats: 1,523 words · 6 min read · ~5 pages · Grade level 15.4 · Accepted 2025-12-01 16:05:23
Key Financial Figures
- $0.001 — nge on Which Registered Common Stock , $0.001 par value HQI The NASDAQ Stock Marke
Filing Documents
- hqi20251201_8k.htm (8-K) — 35KB
- ex_894214.htm (EX-10.1) — 49KB
- ex_894215.htm (EX-10.2) — 137KB
- ex_894036.htm (EX-99.1) — 19KB
- ex_894037.htm (EX-99.2) — 13KB
- ex_894036img001.jpg (GRAPHIC) — 5KB
- ex_894037img001.jpg (GRAPHIC) — 5KB
- hqi20230316_8kimg001.jpg (GRAPHIC) — 7KB
- 0001437749-25-036541.txt ( ) — 472KB
- hqi-20251201.xsd (EX-101.SCH) — 3KB
- hqi-20251201_def.xml (EX-101.DEF) — 11KB
- hqi-20251201_lab.xml (EX-101.LAB) — 15KB
- hqi-20251201_pre.xml (EX-101.PRE) — 11KB
- hqi20251201_8k_htm.xml (XML) — 3KB
01 Entry Into Material Definitive Agreement
Item 1.01 Entry Into Material Definitive Agreement. On December 1, 2025, HQ MRI Corporation ("HQ MRI"), a wholly-owned subsidiary of HireQuest, Inc. (the "Company") entered into a contribution agreement (the "Contribution Agreement") with MRINetwork Operations, LLC ("MRI Operations") with an effective date of January 1, 2026 (the "Effective Date"). Pursuant to the Contribution Agreement, HQ MRI agreed to transfer, and MRI Operations agreed to accept, certain assets and liabilities associated with the MRINetwork, including those necessary for day-to-day activities, as of the Effective Date in exchange for MRI Operations issuing to HQ MRI 40% of the ownership units of MRI Operations (the "Transaction"). The closing of the transaction is scheduled to occur on January 1, 2026 and is not subject to conditions. The Contribution Agreement contains customary representations, warranties, and covenants. The contract-staffing assets of the MRINetwork will not be transferred as part of the Transaction and will be retained wholly by HQ MRI. Also on December 1, 2025, HQ MRI entered into an operating Agreement (the "Operating Agreement") between and among itself, MRI Operations, SA Talent, LLC, MR Ventures, LLC, Angott Search Group, TJAMB Entities, LLC, and Mark Schwartz with an effective date of January 1, 2026. Pursuant to the Operating Agreement, all non-MRI Operations parties agreed to be members of MRI Operations and to be governed by the Operating Agreement. The Operating Agreement contains standard terms and provisions including those regarding management of MRI Operations, addition of new members and dissociation of existing members; allocation of profits and losses; transfers, purchases, and sales of membership interests; indemnification and personal liability; and dissolution and liquidation. The foregoing description of the Contribution Agreement and Operating Agreement and of the Transaction does not purport to be complete and is qualified in its entirety by refe
01 Results of Operations and Financial Condition
Item 7.01 Results of Operations and Financial Condition. On December 1, 2025, the Company issued a press release describing the Transaction, a copy of which is attached hereto as Exhibit 99.1. Also on December 1, 2025, the Company issued a press release announcing that Shana Applebaum had been named as Managing Director of the MRINetwork. The information in this Item 7.01 of this Current Report on Form 8-K, including Exhibits 99.1 and 99.2 attached hereto, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed subject to the requirements of amended Item 10 of Regulation S-K, nor shall it be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing. The furnishing of this information hereby shall not be deemed an admission as to the materiality of such information. The information in this report and in Exhibits 99.1 and 99.2 hereto may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. All statements, other than statements of historical or current fact, are statements that could be deemed forward-looking statements. Forward-looking statements are based on the current beliefs, assumptions, and expectations of management and current market conditions. There can be no assurance that these expectations will occur, and actual results may be significantly different. Therefore, you should not place undue reliance on these forward-looking statements. Important factors that may cause actual results to differ materially from those contemplated in any forward-looking statements made by the company include the following: the level of demand
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit Index Exhibit Description 10.1 Contribution Agreement with effective date of January 1, 2026 by and between HQ MRI Corporation and MRINetwork Operations, LLC 10.2 Operating Agreement of MRINetwork Operations, LLC with effective date of January 1, 2026 99.1 Press Release dated December 1, 2025 re: ownership (furnished only). 99.2 Press Release dated December 1, 2025 re: Applebaum (furnished only). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized. HIREQUEST, INC. (Registrant) Date: December 1, 2025 /s/ John McAnnar John McAnnar Chief Legal Officer, Vice President, and Corporate Secretary