STOCK TITAN

[DEFA14A] BGSF, Inc. Additional Proxy Soliciting Materials

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
DEFA14A
Rhea-AI Filing Summary

BGSF, Inc. (NYSE: BGSF) has filed a DEFA14A to distribute additional proxy-soliciting material related to the planned divestiture of its Professional Division to INSPYR Solutions. The Professional Division—comprising IT Consulting, Finance & Accounting, Managed Solutions, and Nearshore/Offshore Software Engineering—was identified in a year-long strategic review as having stronger growth prospects under a new owner. BGSF and INSPYR have signed a definitive agreement, with closing targeted for the second half of fiscal 2025, subject to shareholder approval and customary conditions.

The filing is largely an employee and shareholder FAQ that outlines:

  • Strategic rationale: Divestiture will allow BGSF to sharpen its focus on its core Property Management Division while the Professional Division scales under INSPYR’s platform.
  • Employee continuity: Current assignments, compensation, payroll schedules, and PTO policies remain unchanged until close. After close, employees will transition to INSPYR benefit plans with no coverage gaps and immediate 401(k) eligibility (25% match on the first 6 %).
  • Shareholder process: Employee-shareholders retain voting rights. Proxy materials and a shareholder meeting will be scheduled; definitive proxy statements will be mailed when available.
  • Timeline & contingencies: The transaction is in the sign-to-close phase. If not approved or closed, the Professional Division will continue operating within BGSF.
  • Forward-looking statements & risks: The company lists typical M&A uncertainties, including regulatory clearance, financing, and potential impact on stock price if the deal does not proceed.

The document contains no financial terms (purchase price, use of proceeds) but emphasizes that further details will be provided in the definitive proxy statement and subsequent SEC filings.

BGSF, Inc. (NYSE: BGSF) ha presentato un DEFA14A per distribuire materiale aggiuntivo di sollecitazione del voto relativo alla prevista cessione della sua Divisione Professionale a INSPYR Solutions. La Divisione Professionale — che include IT Consulting, Finance & Accounting, Managed Solutions e Nearshore/Offshore Software Engineering — è stata individuata durante una revisione strategica durata un anno come avente prospettive di crescita più solide sotto una nuova proprietà. BGSF e INSPYR hanno firmato un accordo definitivo, con chiusura prevista per la seconda metà dell'esercizio fiscale 2025, subordinata all'approvazione degli azionisti e alle condizioni consuete.

Il documento è principalmente una FAQ per dipendenti e azionisti che illustra:

  • Ragioni strategiche: La cessione permetterà a BGSF di concentrarsi maggiormente sulla sua Divisione principale di Gestione Immobiliare, mentre la Divisione Professionale crescerà sotto la piattaforma di INSPYR.
  • Continuità dei dipendenti: Gli incarichi attuali, la retribuzione, i calendari di pagamento e le politiche PTO rimarranno invariati fino alla chiusura. Dopo la chiusura, i dipendenti passeranno ai piani di benefit di INSPYR senza interruzioni di copertura e con idoneità immediata al 401(k) (con un contributo del 25% sui primi 6%).
  • Processo per gli azionisti: Gli azionisti dipendenti conserveranno il diritto di voto. Saranno programmati materiali per la delega e un'assemblea degli azionisti; le dichiarazioni definitive saranno inviate per posta appena disponibili.
  • Tempistiche e condizioni: La transazione è nella fase da firma a chiusura. Se non approvata o completata, la Divisione Professionale continuerà a operare all'interno di BGSF.
  • Dichiarazioni previsionali e rischi: La società elenca le tipiche incertezze delle operazioni di M&A, inclusa l'approvazione regolamentare, il finanziamento e il possibile impatto sul prezzo delle azioni in caso di mancata conclusione dell'accordo.

Il documento non contiene termini finanziari (prezzo di acquisto, utilizzo dei proventi) ma sottolinea che ulteriori dettagli saranno forniti nella dichiarazione definitiva per la delega e nelle successive comunicazioni alla SEC.

BGSF, Inc. (NYSE: BGSF) ha presentado un DEFA14A para distribuir material adicional de solicitud de poder relacionado con la prevista venta de su División Profesional a INSPYR Solutions. La División Profesional — que comprende Consultoría IT, Finanzas y Contabilidad, Soluciones Gestionadas y Ingeniería de Software Nearshore/Offshore — fue identificada durante una revisión estratégica de un año como con mejores perspectivas de crecimiento bajo un nuevo propietario. BGSF e INSPYR han firmado un acuerdo definitivo, con cierre previsto para la segunda mitad del año fiscal 2025, sujeto a la aprobación de los accionistas y condiciones habituales.

El documento es principalmente una FAQ para empleados y accionistas que describe:

  • Justificación estratégica: La venta permitirá a BGSF enfocarse en su División principal de Gestión de Propiedades mientras la División Profesional crece bajo la plataforma de INSPYR.
  • Continuidad para empleados: Las asignaciones actuales, compensación, calendarios de pago y políticas de PTO permanecerán sin cambios hasta el cierre. Después del cierre, los empleados pasarán a los planes de beneficios de INSPYR sin interrupciones en la cobertura y con elegibilidad inmediata para el 401(k) (con un aporte del 25% sobre el primer 6%).
  • Proceso para accionistas: Los empleados que son accionistas mantendrán derechos de voto. Se programarán materiales de poder y una reunión de accionistas; las declaraciones definitivas serán enviadas por correo cuando estén disponibles.
  • Cronograma y contingencias: La transacción está en la fase de firma a cierre. Si no se aprueba o cierra, la División Profesional seguirá operando dentro de BGSF.
  • Declaraciones prospectivas y riesgos: La compañía enumera las incertidumbres típicas de fusiones y adquisiciones, incluyendo la aprobación regulatoria, financiamiento y el posible impacto en el precio de las acciones si la operación no se concreta.

El documento no contiene términos financieros (precio de compra, uso de los ingresos) pero enfatiza que se proporcionarán más detalles en la declaración definitiva de poder y en posteriores presentaciones ante la SEC.

BGSF, Inc. (NYSE: BGSF)는 INSPYR Solutions에 전문 부문 매각과 관련된 추가 위임장 자료 배포를 위해 DEFA14A를 제출했습니다. IT 컨설팅, 재무 및 회계, 관리 솔루션, 근거리/해외 소프트웨어 엔지니어링으로 구성된 전문 부문은 1년간의 전략 검토를 통해 새로운 소유주 아래에서 더 강력한 성장 가능성을 가진 것으로 확인되었습니다. BGSF와 INSPYR는 확정 계약을 체결했으며, 주주 승인 및 일반적인 조건에 따라 2025 회계연도 하반기 마감을 목표로 하고 있습니다.

이 자료는 주로 직원 및 주주 FAQ로 다음 내용을 설명합니다:

  • 전략적 이유: 매각을 통해 BGSF는 핵심 부동산 관리 부문에 집중할 수 있고, 전문 부문은 INSPYR 플랫폼 아래에서 확장할 수 있습니다.
  • 직원 연속성: 현재 배정, 보상, 급여 일정, 휴가 정책은 마감 시점까지 변경되지 않습니다. 마감 후 직원들은 INSPYR 복리후생 계획으로 전환되며, 보장 공백 없이 즉시 401(k) 가입 자격(첫 6%에 대해 25% 매칭)을 갖게 됩니다.
  • 주주 절차: 직원 주주는 의결권을 유지합니다. 위임장 자료와 주주총회가 예정되어 있으며, 확정 위임장 서류는 준비되는 대로 우편 발송됩니다.
  • 일정 및 조건: 거래는 서명 후 마감 단계에 있습니다. 승인되지 않거나 마감되지 않으면 전문 부문은 BGSF 내에서 계속 운영됩니다.
  • 미래 예측 진술 및 위험: 회사는 규제 승인, 자금 조달, 거래 미성사 시 주가 영향 등 일반적인 인수합병 불확실성을 나열하고 있습니다.

문서에는 재무 조건(매매 가격, 수익 사용)은 포함되어 있지 않으나, 확정 위임장 서류 및 이후 SEC 제출 자료에서 추가 세부사항이 제공될 것임을 강조합니다.

BGSF, Inc. (NYSE : BGSF) a déposé un DEFA14A pour diffuser du matériel supplémentaire de sollicitation de procurations concernant la cession prévue de sa Division Professionnelle à INSPYR Solutions. La Division Professionnelle — comprenant le conseil en informatique, la finance et la comptabilité, les solutions gérées et l'ingénierie logicielle nearshore/offshore — a été identifiée lors d'une revue stratégique d'un an comme ayant de meilleures perspectives de croissance sous une nouvelle propriété. BGSF et INSPYR ont signé un accord définitif, avec une clôture prévue pour le second semestre de l'exercice fiscal 2025, sous réserve de l'approbation des actionnaires et des conditions habituelles.

Le dépôt est principalement une FAQ destinée aux employés et actionnaires qui détaille :

  • Justification stratégique : La cession permettra à BGSF de se concentrer davantage sur sa division principale de gestion immobilière tandis que la Division Professionnelle se développera sous la plateforme d'INSPYR.
  • Continuité des employés : Les missions actuelles, la rémunération, les calendriers de paie et les politiques de congés restent inchangés jusqu'à la clôture. Après celle-ci, les employés passeront aux plans d'avantages sociaux d'INSPYR sans interruption de couverture et avec une éligibilité immédiate au 401(k) (contrepartie de 25 % sur les 6 premiers %).
  • Processus pour les actionnaires : Les employés actionnaires conservent leurs droits de vote. Des documents de procuration et une assemblée des actionnaires seront programmés ; les déclarations définitives seront envoyées par courrier dès qu'elles seront disponibles.
  • Calendrier et conditions : La transaction est en phase de signature à clôture. Si elle n'est pas approuvée ou finalisée, la Division Professionnelle continuera d'opérer au sein de BGSF.
  • Déclarations prospectives et risques : La société énumère les incertitudes typiques des fusions et acquisitions, y compris l'approbation réglementaire, le financement et l'impact potentiel sur le cours de l'action si la transaction n'aboutit pas.

Le document ne contient pas de termes financiers (prix d'achat, utilisation des fonds) mais souligne que des détails supplémentaires seront fournis dans la déclaration définitive de procuration et les dépôts ultérieurs auprès de la SEC.

BGSF, Inc. (NYSE: BGSF) hat ein DEFA14A eingereicht, um zusätzliches Proxy-Material im Zusammenhang mit dem geplanten Verkauf seiner Professional Division an INSPYR Solutions zu verteilen. Die Professional Division — bestehend aus IT-Beratung, Finanzen & Buchhaltung, Managed Solutions sowie Nearshore/Offshore Software Engineering — wurde in einer einjährigen strategischen Überprüfung als wachstumsstärker unter neuer Eigentümerschaft identifiziert. BGSF und INSPYR haben eine endgültige Vereinbarung unterzeichnet, der Abschluss ist für die zweite Hälfte des Geschäftsjahres 2025 geplant, vorbehaltlich der Zustimmung der Aktionäre und üblicher Bedingungen.

Die Einreichung ist hauptsächlich eine FAQ für Mitarbeiter und Aktionäre, die folgendes darlegt:

  • Strategische Begründung: Der Verkauf ermöglicht es BGSF, sich stärker auf seine Kern-Immobilienverwaltungssparte zu konzentrieren, während die Professional Division unter der Plattform von INSPYR wächst.
  • Mitarbeiterkontinuität: Derzeitige Einsätze, Vergütung, Gehaltspläne und PTO-Richtlinien bleiben bis zum Abschluss unverändert. Nach dem Abschluss wechseln die Mitarbeiter nahtlos zu den INSPYR-Leistungsplänen und sind sofort für den 401(k) berechtigt (25% Match auf die ersten 6%).
  • Aktionärsprozess: Mitarbeiter-Aktionäre behalten ihre Stimmrechte. Proxy-Materialien und eine Hauptversammlung werden terminiert; endgültige Proxy-Erklärungen werden versandt, sobald verfügbar.
  • Zeitplan & Bedingungen: Die Transaktion befindet sich in der Phase von Unterzeichnung bis Abschluss. Wird sie nicht genehmigt oder abgeschlossen, verbleibt die Professional Division bei BGSF.
  • Ausblick & Risiken: Das Unternehmen listet typische M&A-Risiken auf, darunter behördliche Genehmigungen, Finanzierung und mögliche Auswirkungen auf den Aktienkurs, falls der Deal nicht zustande kommt.

Das Dokument enthält keine finanziellen Details (Kaufpreis, Verwendung der Erlöse), betont jedoch, dass weitere Informationen in der endgültigen Proxy-Erklärung und in späteren SEC-Einreichungen bereitgestellt werden.

Positive
  • Definitive agreement signed to divest Professional Division, positioning core Property Management business for sharper strategic focus.
  • Employees retain current compensation, PTO, and payroll through close, reducing operational disruption.
  • INSPYR offers immediate 401(k) eligibility with 25% match plus multiple PPO/HDHP health plans, supporting talent retention.
Negative
  • Transaction requires shareholder approval and regulatory clearance; deal may not close as planned.
  • Employee health plan deductibles and out-of-pocket totals reset upon transition to INSPYR benefits.
  • Lack of disclosed purchase price or use of proceeds creates uncertainty around financial impact on BGSF.

Insights

TL;DR – Strategic divestiture sharpens BGSF’s focus and gives Professional Division growth runway; success hinges on shareholder approval and execution.

The filing frames the sale as a classic carve-out intended to unlock value on both sides. By off-loading a non-core segment, BGSF can streamline operations around Property Management, potentially improving margin profile and capital allocation. INSPYR gains scale and service breadth in tech staffing, suggesting a strategic fit. Operational transition risk appears contained: employees keep pay and accrued PTO; benefits migrate seamlessly. However, absence of purchase-price disclosure prevents assessment of valuation or debt pay-down capacity. Material impact therefore depends on deal economics, which will follow in the definitive proxy. Overall, the transaction looks directionally positive but still carries execution risk.

TL;DR – Neutral near-term; valuation, use of proceeds, and closing certainty remain unknown, limiting immediate investment conclusions.

From an equity holder’s standpoint, the filing delivers incremental clarity on process but not on economics. No purchase multiple, cash consideration, or pro-forma financials are disclosed. While strategic logic is sound, investors cannot gauge dilution/accretion, debt reduction, or buyback capacity. Forward-looking risk language is extensive, underscoring the possibility of a failed close that would leave BGSF with an unchanged portfolio and deal expenses. Until the definitive proxy supplies hard numbers, the market reaction is likely muted.

BGSF, Inc. (NYSE: BGSF) ha presentato un DEFA14A per distribuire materiale aggiuntivo di sollecitazione del voto relativo alla prevista cessione della sua Divisione Professionale a INSPYR Solutions. La Divisione Professionale — che include IT Consulting, Finance & Accounting, Managed Solutions e Nearshore/Offshore Software Engineering — è stata individuata durante una revisione strategica durata un anno come avente prospettive di crescita più solide sotto una nuova proprietà. BGSF e INSPYR hanno firmato un accordo definitivo, con chiusura prevista per la seconda metà dell'esercizio fiscale 2025, subordinata all'approvazione degli azionisti e alle condizioni consuete.

Il documento è principalmente una FAQ per dipendenti e azionisti che illustra:

  • Ragioni strategiche: La cessione permetterà a BGSF di concentrarsi maggiormente sulla sua Divisione principale di Gestione Immobiliare, mentre la Divisione Professionale crescerà sotto la piattaforma di INSPYR.
  • Continuità dei dipendenti: Gli incarichi attuali, la retribuzione, i calendari di pagamento e le politiche PTO rimarranno invariati fino alla chiusura. Dopo la chiusura, i dipendenti passeranno ai piani di benefit di INSPYR senza interruzioni di copertura e con idoneità immediata al 401(k) (con un contributo del 25% sui primi 6%).
  • Processo per gli azionisti: Gli azionisti dipendenti conserveranno il diritto di voto. Saranno programmati materiali per la delega e un'assemblea degli azionisti; le dichiarazioni definitive saranno inviate per posta appena disponibili.
  • Tempistiche e condizioni: La transazione è nella fase da firma a chiusura. Se non approvata o completata, la Divisione Professionale continuerà a operare all'interno di BGSF.
  • Dichiarazioni previsionali e rischi: La società elenca le tipiche incertezze delle operazioni di M&A, inclusa l'approvazione regolamentare, il finanziamento e il possibile impatto sul prezzo delle azioni in caso di mancata conclusione dell'accordo.

Il documento non contiene termini finanziari (prezzo di acquisto, utilizzo dei proventi) ma sottolinea che ulteriori dettagli saranno forniti nella dichiarazione definitiva per la delega e nelle successive comunicazioni alla SEC.

BGSF, Inc. (NYSE: BGSF) ha presentado un DEFA14A para distribuir material adicional de solicitud de poder relacionado con la prevista venta de su División Profesional a INSPYR Solutions. La División Profesional — que comprende Consultoría IT, Finanzas y Contabilidad, Soluciones Gestionadas y Ingeniería de Software Nearshore/Offshore — fue identificada durante una revisión estratégica de un año como con mejores perspectivas de crecimiento bajo un nuevo propietario. BGSF e INSPYR han firmado un acuerdo definitivo, con cierre previsto para la segunda mitad del año fiscal 2025, sujeto a la aprobación de los accionistas y condiciones habituales.

El documento es principalmente una FAQ para empleados y accionistas que describe:

  • Justificación estratégica: La venta permitirá a BGSF enfocarse en su División principal de Gestión de Propiedades mientras la División Profesional crece bajo la plataforma de INSPYR.
  • Continuidad para empleados: Las asignaciones actuales, compensación, calendarios de pago y políticas de PTO permanecerán sin cambios hasta el cierre. Después del cierre, los empleados pasarán a los planes de beneficios de INSPYR sin interrupciones en la cobertura y con elegibilidad inmediata para el 401(k) (con un aporte del 25% sobre el primer 6%).
  • Proceso para accionistas: Los empleados que son accionistas mantendrán derechos de voto. Se programarán materiales de poder y una reunión de accionistas; las declaraciones definitivas serán enviadas por correo cuando estén disponibles.
  • Cronograma y contingencias: La transacción está en la fase de firma a cierre. Si no se aprueba o cierra, la División Profesional seguirá operando dentro de BGSF.
  • Declaraciones prospectivas y riesgos: La compañía enumera las incertidumbres típicas de fusiones y adquisiciones, incluyendo la aprobación regulatoria, financiamiento y el posible impacto en el precio de las acciones si la operación no se concreta.

El documento no contiene términos financieros (precio de compra, uso de los ingresos) pero enfatiza que se proporcionarán más detalles en la declaración definitiva de poder y en posteriores presentaciones ante la SEC.

BGSF, Inc. (NYSE: BGSF)는 INSPYR Solutions에 전문 부문 매각과 관련된 추가 위임장 자료 배포를 위해 DEFA14A를 제출했습니다. IT 컨설팅, 재무 및 회계, 관리 솔루션, 근거리/해외 소프트웨어 엔지니어링으로 구성된 전문 부문은 1년간의 전략 검토를 통해 새로운 소유주 아래에서 더 강력한 성장 가능성을 가진 것으로 확인되었습니다. BGSF와 INSPYR는 확정 계약을 체결했으며, 주주 승인 및 일반적인 조건에 따라 2025 회계연도 하반기 마감을 목표로 하고 있습니다.

이 자료는 주로 직원 및 주주 FAQ로 다음 내용을 설명합니다:

  • 전략적 이유: 매각을 통해 BGSF는 핵심 부동산 관리 부문에 집중할 수 있고, 전문 부문은 INSPYR 플랫폼 아래에서 확장할 수 있습니다.
  • 직원 연속성: 현재 배정, 보상, 급여 일정, 휴가 정책은 마감 시점까지 변경되지 않습니다. 마감 후 직원들은 INSPYR 복리후생 계획으로 전환되며, 보장 공백 없이 즉시 401(k) 가입 자격(첫 6%에 대해 25% 매칭)을 갖게 됩니다.
  • 주주 절차: 직원 주주는 의결권을 유지합니다. 위임장 자료와 주주총회가 예정되어 있으며, 확정 위임장 서류는 준비되는 대로 우편 발송됩니다.
  • 일정 및 조건: 거래는 서명 후 마감 단계에 있습니다. 승인되지 않거나 마감되지 않으면 전문 부문은 BGSF 내에서 계속 운영됩니다.
  • 미래 예측 진술 및 위험: 회사는 규제 승인, 자금 조달, 거래 미성사 시 주가 영향 등 일반적인 인수합병 불확실성을 나열하고 있습니다.

문서에는 재무 조건(매매 가격, 수익 사용)은 포함되어 있지 않으나, 확정 위임장 서류 및 이후 SEC 제출 자료에서 추가 세부사항이 제공될 것임을 강조합니다.

BGSF, Inc. (NYSE : BGSF) a déposé un DEFA14A pour diffuser du matériel supplémentaire de sollicitation de procurations concernant la cession prévue de sa Division Professionnelle à INSPYR Solutions. La Division Professionnelle — comprenant le conseil en informatique, la finance et la comptabilité, les solutions gérées et l'ingénierie logicielle nearshore/offshore — a été identifiée lors d'une revue stratégique d'un an comme ayant de meilleures perspectives de croissance sous une nouvelle propriété. BGSF et INSPYR ont signé un accord définitif, avec une clôture prévue pour le second semestre de l'exercice fiscal 2025, sous réserve de l'approbation des actionnaires et des conditions habituelles.

Le dépôt est principalement une FAQ destinée aux employés et actionnaires qui détaille :

  • Justification stratégique : La cession permettra à BGSF de se concentrer davantage sur sa division principale de gestion immobilière tandis que la Division Professionnelle se développera sous la plateforme d'INSPYR.
  • Continuité des employés : Les missions actuelles, la rémunération, les calendriers de paie et les politiques de congés restent inchangés jusqu'à la clôture. Après celle-ci, les employés passeront aux plans d'avantages sociaux d'INSPYR sans interruption de couverture et avec une éligibilité immédiate au 401(k) (contrepartie de 25 % sur les 6 premiers %).
  • Processus pour les actionnaires : Les employés actionnaires conservent leurs droits de vote. Des documents de procuration et une assemblée des actionnaires seront programmés ; les déclarations définitives seront envoyées par courrier dès qu'elles seront disponibles.
  • Calendrier et conditions : La transaction est en phase de signature à clôture. Si elle n'est pas approuvée ou finalisée, la Division Professionnelle continuera d'opérer au sein de BGSF.
  • Déclarations prospectives et risques : La société énumère les incertitudes typiques des fusions et acquisitions, y compris l'approbation réglementaire, le financement et l'impact potentiel sur le cours de l'action si la transaction n'aboutit pas.

Le document ne contient pas de termes financiers (prix d'achat, utilisation des fonds) mais souligne que des détails supplémentaires seront fournis dans la déclaration définitive de procuration et les dépôts ultérieurs auprès de la SEC.

BGSF, Inc. (NYSE: BGSF) hat ein DEFA14A eingereicht, um zusätzliches Proxy-Material im Zusammenhang mit dem geplanten Verkauf seiner Professional Division an INSPYR Solutions zu verteilen. Die Professional Division — bestehend aus IT-Beratung, Finanzen & Buchhaltung, Managed Solutions sowie Nearshore/Offshore Software Engineering — wurde in einer einjährigen strategischen Überprüfung als wachstumsstärker unter neuer Eigentümerschaft identifiziert. BGSF und INSPYR haben eine endgültige Vereinbarung unterzeichnet, der Abschluss ist für die zweite Hälfte des Geschäftsjahres 2025 geplant, vorbehaltlich der Zustimmung der Aktionäre und üblicher Bedingungen.

Die Einreichung ist hauptsächlich eine FAQ für Mitarbeiter und Aktionäre, die folgendes darlegt:

  • Strategische Begründung: Der Verkauf ermöglicht es BGSF, sich stärker auf seine Kern-Immobilienverwaltungssparte zu konzentrieren, während die Professional Division unter der Plattform von INSPYR wächst.
  • Mitarbeiterkontinuität: Derzeitige Einsätze, Vergütung, Gehaltspläne und PTO-Richtlinien bleiben bis zum Abschluss unverändert. Nach dem Abschluss wechseln die Mitarbeiter nahtlos zu den INSPYR-Leistungsplänen und sind sofort für den 401(k) berechtigt (25% Match auf die ersten 6%).
  • Aktionärsprozess: Mitarbeiter-Aktionäre behalten ihre Stimmrechte. Proxy-Materialien und eine Hauptversammlung werden terminiert; endgültige Proxy-Erklärungen werden versandt, sobald verfügbar.
  • Zeitplan & Bedingungen: Die Transaktion befindet sich in der Phase von Unterzeichnung bis Abschluss. Wird sie nicht genehmigt oder abgeschlossen, verbleibt die Professional Division bei BGSF.
  • Ausblick & Risiken: Das Unternehmen listet typische M&A-Risiken auf, darunter behördliche Genehmigungen, Finanzierung und mögliche Auswirkungen auf den Aktienkurs, falls der Deal nicht zustande kommt.

Das Dokument enthält keine finanziellen Details (Kaufpreis, Verwendung der Erlöse), betont jedoch, dass weitere Informationen in der endgültigen Proxy-Erklärung und in späteren SEC-Einreichungen bereitgestellt werden.


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 the Registrant x
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
x
Soliciting Material Pursuant to § 240.14a-12.

BGSF, Inc.
(Name of Registrant as Specified In Its Charter)
(Name of Persons(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (check the appropriate box):
x
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.




















BGSF + INSPYR Solutions FAQs – NES
Why This Transaction?

Over the past year, BGSF has been conducting a strategic review to evaluate how we can best position the company for long-term growth and value creation. Through this process, it became clear that our Professional Division—including IT Consulting, Finance & Accounting, Managed Solutions, and Nearshore/Offshore Software Engineering—had strong potential to thrive under a new ownership structure.
This led to our decision to enter into a definitive agreement with INSPYR Solutions, a respected leader in technology and talent solutions. The transaction is expected to close second half of 2025 subject to shareholder approval and other customary closing conditions. This move allows BGSF to sharpen its focus on our Property Management Division, while enabling the Professional Division to grow and scale with INSPYR’s support.

About INSPYR Solutions

INSPYR Solutions is a leading provider of technology and talent solutions, offering flexible, customizable solutions to enable clients to achieve their technology initiatives. The acquisition of BGSF’s Professional Division will further expand its service offerings and will augment its Professional services partnerships.

Employee Impact

Q: What does this mean for me?
A: Our purpose, vision, and values remain unchanged—and so does our commitment to excellence.

Access to more talent: INSPYR Solutions brings a strong track record of recruitment and delivery of services in the technology sector. With a large delivery team based in Brentwood, this transition allows us to respond quickly to talent needs for the Utility.
Business as Usual: Your current assignments, contacts, and agreements remain unchanged during this transition. We are committed to ensuring a smooth and seamless experience for you.
A Strong Future: This move positions our Professional Division for long-term success, with continued investment in your development and the services we provide.


Stock & Shareholder Information

Q: I’ve invested in BGSF stock through the ESPP. What happens to my investment?
A: The outcome will depend on the final terms of the transaction. More details will be shared once the deal closes. Please consult your financial advisor for personalized guidance.

Q: As an employee stockholder, do I have voting rights?
A: Yes. Employee stockholders have voting rights and will be part of the shareholder approval process.

Q: Should I seek professional advice regarding the impact on me?
A: Yes. Financial and tax implications differ based on your specific situation. Consulting your personal financial and tax advisors is highly recommended.






Timeline & Next Steps

Q: What are the next steps?
A: We are now in the period between signing and closing. This includes preparing proxy materials, scheduling a shareholder vote, and completing regulatory filings. The transaction is expected to close in the second half of FY25.

Q: What happens if the deal is not approved or does not close?
A: If the deal does not close, BGSF’s Professional Division will continue to operate as it does today.

Communication & Messaging

Q: Can I talk about this with family or customers?
A: Yes. This information is now public. You may share what’s in the public domain, including the press release on our website.

Suggested response:

“BGSF has signed a definitive agreement to divest its Professional Division to INSPYR Solutions. We remain committed to supporting our clients and partners throughout this transition and beyond.”

If asked further:
“I don’t have any additional details to share at this time.”

Q: What should I say if contacted by a third party (e.g., media, investors, private equity)?
A: Do not engage directly. Refer all inquiries to: IR@bgsf.com

Suggested response:

“We are currently in an exclusive agreement and cannot discuss any details. Our legal team would be happy to connect at the appropriate time.”

Q: How will I be kept informed?
A: We will continue to share updates via email.

Q: Who can I contact with questions?
A: Please reach out to your manager or HR business partner.

Compensation & Benefits

Q: What will this mean for employee compensation and benefits?
A: We’re continuing to operate in our normal course of business. No changes are expected to your compensation or aggregate benefits as a result of this announcement.

Q: Will my pay schedule or method of payment change?
A: No changes are expected at this time. You will continue to be paid through BGSF’s current payroll system until the transaction closes.

Q: What are the 401(k) details at INSPYR?
A: INSPYR offers retirement benefits through a 401K with matching.

• Immediate eligibility after close



• Traditional, Roth, and Catch-Up contributions allowed
• BGSF seniority date honored
• 25% match on the first 6% of contributions
• Administered by Principal, managed by Rockefeller

Health & Welfare Benefits

Q: What does this mean for our current health plans?
A: Open Enrollment will be available for an INSPYR Solutions plan. Your plan selections will remain in effect through December 31, 2026. INSPYR offers two PPO and two HDHP plans to fit your family’s needs. Your BGSF plans will be in place until close. INSPYR will have an Open Enrollment for you to elect benefits under their plan(s). There will be no gap in coverage.

Q: What will happen to my current BGSF 401K plan post close?
A: This will follow the BGSF plan documents related to keeping your funds in the plan, distribution or rollover options.

Q: Will our health insurance change mid-year, after the acquisition?
A: Yes, based on the anticipated timing of close, you will enroll in a new plan with INSPYR Solutions during an Open Enrollment process for BGSF employees that are joining the INSPYR team. There will be no gap in coverage. The plan will remain the same until 12/31/2026.

Q: If I have already met my deductible / out-of-pocket max, will this be recognized under the INSPYR plan?
A: No. Your deductible and out-of-pocket expenses will reset with the start of the INSPYR elections.

Q: Is there a waiting period to join INSPYR's benefits?
A: No, there will not be a waiting period. INSPYR is holding a special Open Enrollment in the INSPYR portal for this transition. Your coverage begins on the enrollment start date. There will be no gap in coverage.

Q: How do INSPYR benefits compare with BGSF benefits?
A: INSPYR provides a comprehensive package including two PPO and two HDHP plans to suit your family’s healthcare needs. INSPYR carriers include:

• Medical (Aetna)
• Dental & Vision (United Healthcare)
• Disability & Life Insurance (New York Life)
• HSA/FSA/Dependent Care (Inspira)
• Voluntary plans like Critical Illness, Identity Theft, Legal, and Pet Insurance
• Employee Assistance Program (ComPsych)

Q: Will my health benefit costs increase at INSPYR?
A: INSPYR offers a range of options with premiums that range from lower to higher than your current BGSF plans.

Paid Time Off & Holidays

Q: What will happen to my accrued PTO at close?
A: There will be no change to the current PTO policy.

Q: I have a vacation scheduled after the anticipated close date. Will it be honored?
A: Yes, there is no change to the current PTO policy, so your scheduled time off will be honored.




Q: How much PTO will I receive at INSPYR?
A: Your current PTO policy will remain unchanged.


Questions?
If you have any questions, please reach out to your HR Business Partner.


Forward-Looking Statements

This communication contains forward-looking statements within the meaning of U.S. federal securities laws. Such forward-looking statements include, but are not limited to, statements regarding the proposed transaction, obtaining customary shareholder approval, satisfying closing conditions, the closing, including its timing, of the sale of BGSF, Inc.’s Professional Division, the use of proceeds of the sale, the projected operational and financial performance of BGSF and its various subsidiaries, including following the sale of BGSF’s Professional Division, its offerings of services and solutions and developments and reception of its services and solutions by client partners, and BGSF’s expectations, hopes, beliefs, intentions, plans, prospects, or strategies regarding the future revenue and the business plans of BGSF’s management team. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. In addition, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “endeavor,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would,” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this communication are based on certain assumptions and analyses made by the management of BGSF considering their respective experience and perception of historical trends, current conditions, and expected future developments and their potential effects on BGSF as well as other factors they believe are appropriate in the circumstances. There can be no assurance that future developments affecting BGSF will be those anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the parties), or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, including the closing conditions for the sale of BGSF’s Professional Division not being satisfied, the ability of the parties to close the transaction on the expected closing timeline or at all, the nature, cost, or outcome of any legal proceedings relating to the transaction, the impact of the contemplated transaction on our stock price, the ability of BGSF to service or otherwise pay its debt obligations, including in the event the closing does not occur, the mix of services or solutions utilized by BGSF’s client partners and such client partners’ needs for these services or solutions, market acceptance of new offerings of services or solutions, the ability of BGSF to expand what it does for existing client partners as well as to add new client partners, whether BGSF will have sufficient capital to operate as anticipated, the impact the transaction or its announcement may have on BGSF’s operations, team members, field talent, client partners, and other constituents, the demand for BGSF’s services and solutions, economic activity in BGSF’s industry and in general, and certain risks, uncertainties, and assumptions described in BGSF’s most recently filed Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q under the heading “Risk Factors.” Should one or more of these risks or uncertainties materialize or should any of the assumptions being made prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. BGSF undertakes no obligation to update or revise any forward-looking statements, whether because of new information, future events, or otherwise, except as may be required under applicable securities laws.





Additional Information and Where to Find It

In connection with the proposed transaction, BGSF will file with the Securities and Exchange Commission (the “SEC”) a definitive proxy statement and other relevant documents, and will mail to BGSF’s shareholders a definitive proxy statement. BEFORE MAKING ANY VOTING DECISION, BGSF’S SHAREHOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT IN ITS ENTIRETY WHEN IT BECOMES AVAILABLE AND ANY OTHER DOCUMENTS TO BE FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTION OR INCORPORATED BY REFERENCE IN THE DEFINITIVE PROXY STATEMENT (IF ANY) BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND THE PARTIES TO THE PROPOSED TRANSACTION. Investors and shareholders may obtain a free copy of documents filed by BGSF with the SEC at the SEC’s website at www.sec.gov. In addition, investors and shareholders may obtain a free copy of BGSF’s filings with the SEC from BGSF’s website at https://investor.bgsf.com/financials/sec-filings/default.aspx, or by sending a written request to BGSF’s Corporate Secretary at our principal executive offices at 5850 Granite Parkway, Suite 730, Plano, Texas 75024.

Participants in the Solicitation

BGSF, its directors, and certain of its executive officers and employees may be deemed to be participants in soliciting proxies from its shareholders in connection with the proposed transaction. Information regarding BGSF’s directors and executive officers is contained in the most recent Annual Report on Form 10-K filed with the SEC. More detailed information regarding the identity of potential participants in the solicitation of BGSF’s shareholders in connection with the proposed transaction, and their direct or indirect interests, by securities, holdings, or otherwise, will be set forth in the definitive proxy statement and other materials relating to the proposed transaction when they are filed with the SEC. You may obtain free copies of these documents using the sources indicated above in Additional Information and Where to Find It.






FAQ

When is the BGSF–INSPYR Solutions transaction expected to close?

The deal is targeted to close in the second half of fiscal 2025, pending shareholder approval and customary conditions.

Do BGSF employee-shareholders have voting rights on the deal?

Yes. Employee-shareholders retain full voting rights and will participate in the forthcoming shareholder vote.

Will my BGSF compensation or pay schedule change before closing?

No. The company states there are no expected changes to compensation or payroll schedules until the transaction closes.

What happens to my 401(k) after the sale of BGSF’s Professional Division?

INSPYR will honor your BGSF seniority date and provide a 25% match on the first 6 % of contributions with immediate eligibility.

Where can investors find the definitive proxy statement once filed?

It will be available free of charge on the SEC’s website (www.sec.gov) and on BGSF’s investor relations site.
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