HireQuest, Inc. Files Definitive Proxy Statement for 2024 Annual Meeting

TL;DR

<b>HireQuest, Inc. has filed its Definitive Proxy Statement for the 2024 Annual Meeting, scheduled for June 14, 2024, with virtual attendance options.</b>

AI Summary

HireQuest, Inc. (HQI) filed a Proxy Statement (DEF 14A) with the SEC on April 29, 2024. HireQuest, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 29, 2024. The filing covers the company's 2023 fiscal year and outlines plans for 2024. The annual meeting of stockholders is scheduled for June 14, 2024, at 2:00 p.m. Eastern Time. The meeting will be held virtually via live audio webcast and telephone dial-in. Stockholders can vote by proxy card, online at www.cstproxyvote.com, or by contacting their bank/broker.

Why It Matters

For investors and stakeholders tracking HireQuest, Inc., this filing contains several important signals. The proxy statement provides an overview of the company's 2023 performance and strategic outlook for 2024, including the impact of the MRI acquisition. It details the proposals to be voted on at the annual meeting, which are considered vital for the company's future goals.

Risk Assessment

Risk Level: low — HireQuest, Inc. shows low risk based on this filing. The filing is a routine proxy statement, providing information to shareholders about the upcoming annual meeting and company performance, with no immediate material financial or operational changes disclosed.

Analyst Insight

Stockholders should review the proxy materials to understand the proposals and vote accordingly before the June 14, 2024, annual meeting.

Key Numbers

• 2024-06-14 — Annual Meeting Date (The annual meeting of stockholders will take place on June 14, 2024.)
• 2:00 p.m. Eastern Time — Annual Meeting Time (The annual meeting of stockholders will take place at 2:00 p.m. Eastern Time.)
• 70,000+ — Employees (More than 70,000 employees across the country.)

Key Players & Entities

• HireQuest, Inc. (company) — Registrant and filer of the proxy statement.
• June 14, 2024 (date) — Date of the annual meeting of stockholders.
• 2024 (date) — Fiscal year and year of the annual meeting.
• 2023 (date) — Fiscal year covered by the report.
• MRI (company) — Acquired company mentioned in the letter to stockholders.
• www.cstproxyvote.com (url) — Website for stockholders to vote by proxy.

FAQ

Industry Context

HireQuest, Inc. operates in the help supply services industry, providing staffing solutions. The company has expanded its services through acquisitions, notably into executive recruiting.

Regulatory Implications

The filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

What Investors Should Do

1. Review the proxy statement for details on proposals and voting procedures.
2. Vote by proxy or attend the virtual meeting on June 14, 2024.
3. Note the company's strategic focus on executive recruiting following the MRI acquisition.

Key Dates

• 2024-06-14: Annual Meeting of Stockholders — Key date for stockholders to vote on company proposals and attend virtually.
• 2024-04-29: Filing Date — Date the Definitive Proxy Statement was filed with the SEC.

Year-Over-Year Comparison

This filing is a routine DEF 14A for the annual meeting, following the company's 2023 fiscal year performance and strategic initiatives.

Filing Documents

• hqi20240325_def14a.htm (DEF 14A) — 465KB
• hqi01.jpg (GRAPHIC) — 235KB
• hqi02.jpg (GRAPHIC) — 216KB
• pic1.jpg (GRAPHIC) — 6KB
• 0001437749-24-013700.txt (&nbsp;) — 1097KB

From the Filing

DEF 14A 1 hqi20240325_def14a.htm FORM DEF 14A hqi20240325_def14a.htm Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No ___) Filed by Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under Rule 14a-12 HIREQUEST, INC. (Name of Registrant as Specified in Its Charter) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. Table of Contents 111 Springhall Drive Goose Creek, South Carolina 29445 LETTER TO STOCKHOLDERS Dear Fellow Stockholders of HireQuest, Inc.: We are pleased to provide you this report for HireQuest, Inc.'s 2023 fiscal year. While economic headwinds hit our industry in 2023 and have continued into 2024, we are proud of the efforts of our franchisees and more than 70,000 employees across the country. Through their hard work, we are poised to continue to execute on our strategy in 2024 and beyond. Through the course of the year, we fundamentally changed our company in size and targeted markets. With the MRI acquisition in December 2022, we are now positioned to take advantage of executive recruiting on a large scale, and we started to do just that in 2023. Together, we look forward to facing and overcoming the challenges that 2024 brings. We believe that the proposals described in the accompanying proxy materials are vital to obtaining that goal. The annual meeting of stockholders of HireQuest, Inc. will take place on June 14, 2024 at 2:00 p.m. Eastern Time. We are pleased to provide stockholders the opportunity to attend the meeting virtually via live audio webcast and telephone dial-in. You may attend, vote, and submit questions during the annual meeting via the internet. You may also vote prior to the annual meeting via proxy card or by logging in to www.cstproxyvote.com using the unique control number printed on your proxy card and following the prompts. Details regarding how to attend the meeting online and the business to be conducted at the annual meeting are described in the accompanying Notice of the 2024 Annual Meeting of Stockholders and proxy statement. Your vote is very important, regardless of the number of shares you own. Whether or not you plan to attend the meeting virtually, we urge you to sign, date, and return the proxy at once in the enclosed envelope, go online at www.cstproxyvote.com to vote now, or, if you are a beneficial stockholder, contact your bank or broker for instructions on early voting. Sincerely, /s/ Richard F. Hermanns Richard F. Hermanns Chairman of the Board of Directors April 29, 2024 Table of Contents 111 Springhall Drive Goose Creek, South Carolina 29445 NOTICE OF THE 2022 ANNUAL MEETING OF STOCKHOLDERS To Be Held June 14, 2024 The 2024 Annual Meeting of Stockholders of HireQuest, Inc., a Delaware corporation ("HireQuest," "we," "us," "our," or the "Company"), will be held virtually via live audio webcast at http://www.cstproxy.com/hirequest/2024, on June 14, 2024 at 2:00 p.m. Eastern Time (the "Annual Meeting"), for the following purposes: 1. To approve the election of six directors to serve until the next meeting of stockholders and until their respective successors are duly elected and qualify; 2. To ratify the selection of FORVIS, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024; 3. To approve, on a non-binding advisory basis, the compensation paid to the Company's named executive officers as disclosed in the attached proxy statement; and 4. To transact such other business as may properly come before the meeting or any adjournment or postponement thereof. The annual meeting may be accessed via live audio webcast. In order to access the webcast, please follow the instructions following the question: "How do I attend the virtual Annual Meeting?" contained in the questions and answers section of the accompanying proxy statement. The Company will transact no other business at the Annual Meeting except such business as may properly be brought before the Annual Meeting or any adjournments or postponements thereof. Please refer to the accompanying proxy statement for further information with respect to the business to be transacted at the Annual Meeting. Stockholders of record at the close of business on April 23, 2024 will be entitled to receive notice for, attend, and vote at the meeting and adjournments of the meeting. You are cordially invited to attend the meeting. Even if you do not plan to attend th

View Full Filing

View this DEF 14A filing on SEC EDGAR