Command Center Changes Name to HireQuest, Inc.
September 09 2019 - 4:05PM
Business Wire
Company to Trade on Nasdaq Under New Ticker:
HQI
Command Center, Inc. (Nasdaq: CCNI), a national provider of
on-demand and temporary staffing solutions, today announced it has
received Nasdaq approval to continue its Nasdaq listing under the
name HireQuest, Inc. and to trade its common stock under a new
ticker symbol. Effective September 11, 2019, at the opening of
trading, the Company will trade on Nasdaq as HireQuest, Inc., under
the ticker “HQI”. Command Center and Hire Quest Holdings, LLC
completed their merger in July of this year, and the name and
ticker changes are part of a corporate and franchise rebranding
strategy by the company. Also effective September 11, Command
Center will change its state of incorporation from Washington to
Delaware, and its corporate name will become HireQuest, Inc.
(“HireQuest”). These actions were approved by shareholders at the
company’s 2019 Annual Meeting of Shareholders on July 10, 2019.
“While Hire Quest has traditionally operated under the names
Trojan Labor and Acrux Staffing, we see the culmination of the
merger with Command Center as the opportune time to place all
operations under the common banner of HireQuest,” commented Rick
Hermanns, the company’s president and chief executive officer. “We
are confident this name will quickly become recognized throughout
the industry as a provider of quality staffing services and good
employment opportunities.”
About HireQuest
HireQuest, Inc. provides back-office and operational support for
HireQuest Direct and HireQuest franchised branch locations across
the United States. Through its nationwide network of more than 146
franchised and company-owned branch offices in 31 states and the
District of Columbia, the Company provides employment annually for
approximately 85,000 field team members working for thousands of
customers, primarily in the areas of construction, light
industrial, manufacturing, hospitality, and event services. For
more information, visit www.hirequestllc.com.
Important Cautions Regarding Forward-Looking
Statements
This news release contains forward-looking statements as defined
by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. These statements are subject to
uncertainties and risks, including, but not limited to, national,
regional and local economic conditions, the availability of
workers’ compensation insurance coverage, the availability of
capital and suitable financing for the company’s activities, the
ability to attract, develop and retain qualified store managers and
other personnel, product and service demand and acceptance, changes
in technology, the impact of competition and pricing, government
regulation, and other risks set forth in our most recent reports on
Forms 10-K and 10-Q filed with the Securities and Exchange
Commission, copies of which are available on our website at
www.commandonline.com and the SEC website at www.sec.gov. All such
forward-looking statements, whether written or oral, and whether
made by or on behalf of the company, are expressly qualified by
these cautionary statements and any other cautionary statements
which may accompany the forward-looking statements. In addition,
the company disclaims any obligation to update any forward-looking
statements to reflect events or circumstances after the date
hereof.
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version on businesswire.com: https://www.businesswire.com/news/home/20190909005885/en/
Company Contact: HireQuest,
Inc. Cory Smith, CFO (866) 464-5844 cory.smith@commandonline.com
Investor Relations Contact:
Hayden IR Brett Maas 646-536-7331 brett@haydenir.com
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