{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-000535","form_type":"8-K","ticker":"LQDT","cik":"0001235468","company_name":"LIQUIDITY SERVICES INC","filed_at":"2024-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.617626+00:00","generated_at":"2026-06-07T04:31:30.407243+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Liquidity Services acquires Sierra Auction for $13.5M cash to expand SW US municipal surplus market","bullets":["Purchase price of $13.5 million paid in cash at closing, subject to working capital adjustment.","Sierra Auction is sole auction outlet for seized/forfeited assets from prominent Arizona state and county agencies.","Acquisition expected to be accretive but not material to Liquidity Services' FY2024 results.","Sierra's management team and employees to be retained post-transaction.","Sierra hosts largest weekly public online auctions in Arizona; specializes in vehicles, equipment, and surplus."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-000535","json":"https://secwatch.observer/filing/0000950170-24-000535.json","markdown":"https://secwatch.observer/filing/0000950170-24-000535.md","text":"https://secwatch.observer/filing/0000950170-24-000535.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1235468/000095017024000535/0000950170-24-000535-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1235468/000095017024000535/lqdt-20240103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T04:31:30.407243+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}