(Registrant’s telephone number, including area
code)
_________________________________
(Former name, former address and former fiscal year, if changed
since last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2.
below):
☐ Written communications
pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
☐ Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
☐ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
☐ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the
Act:
Title
of Each Class
Trading
Symbol(s)
Name of
Each Exchange on Which Registered
Common
Stock, $0.001 par value
HQI
The
NASDAQ Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this
chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
On
December 23, 2019, the Board of Directors of HireQuest, Inc. (the
“Company”) adopted a resolution changing the
Company’s fiscal year from a 52/53 week fiscal year ending on
the Sunday closest to the last day in December to a calendar year
ending on December 31. This change will take effect
immediately.
The
Company’s first report following the effective date of this
change is an annual report on Form 10-K. That report is expected to
contain the information required by Rules 13a-10 and 15d-10 under
the Securities Exchange Act of 1934, as amended.
The
change in the Company’s fiscal year end results in the
addition of two operating days to the fourth quarter of the 2019
fiscal year, December 30 and 31, 2019, compared to the days which
would have been included under the Company’s prior 52/53 week
fiscal year. The two operating days added in 2019 typically
represent low revenue days due to the holiday season and potential
for winter weather. Thus, the Company does not anticipate a
material impact to the comparability of its financial results
across periods.
Forward-Looking Statements
Certain statements contained herein are not based on historical
fact and are “forward-looking statements” within the
meaning of applicable securities laws. Generally, these statements
can be identified by the use of words such as
“anticipates,”“believes,”“estimates,”“expects,”“plans,”“may,”“will,”“should,”“could,”“would” and
similar expressions intended to identify forward-looking
statements, although not all forward-looking statements contain
these identifying words. These forward-looking statements include
all matters that are not historical facts.
While we believe these statements are accurate, forward-looking
statements are not historical facts and are inherently uncertain.
They are based only on our current beliefs, expectations, and
assumptions regarding the future of our business, future plans and
strategies, projections, anticipated events and trends, the
economy, and other future conditions. We cannot assure you that
these expectations will occur, and our 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 us include
the following: the level of demand and financial performance of the
temporary staffing industry; the financial performance of our
franchisees; changes in customer demand; the extent to which we are
successful in gaining new long-term relationships with customers or
retaining existing ones and the level of service failures that
could lead customers to use competitors’ services;
significant investigative or legal proceedings including, without
limitation, those brought about by the existing regulatory
environment or changes in the regulations governing the temporary
staffing industry; strategic actions, including acquisitions and
dispositions and our success in integrated acquired businesses
including, without limitation, successful integration following the
Legacy HQ/Command Center merger; disruptions to our technology
network including computer systems and software, as well as natural
events such as severe weather, fires, floods, and earthquakes or
man-made or other disruptions of our operating systems; and the
factors discussed in the “Risk Factors” section and
elsewhere in our Annual Report on Form 10-K for the year ended
December 28, 2018 and our most recent Quarterly Report on Form 10-Q
for the quarter ended September 29, 2019.
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.
