HireQuest, Inc. (NasdaqCM:HQI) entered into a definitive agreement to acquire Operational Assets of The Dubin Group, Inc. and Dubin Workforce Solutions, Inc. from Kenny Dubin on January 19, 2022. At the close of the transaction, the businesses will be converted to HireQuest's franchise model. HireQuest will fund this acquisition with existing cash on hand and, if necessary, a modest draw on its line of credit. The Dubin Group was converted to HireQuest's Snelling franchise model and will be sold to a franchisee in the future. The completion of this transaction is subject to a number of closing conditions. The transaction is expected to close in the first quarter of 2022.