UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 6, 2008
LIQUIDITY SERVICES, INC.
(Exact name of registrant as specified in its charter)
Delaware |
| 0-51813 |
| 52-2209244 |
(State or other jurisdiction |
| (Commission |
| (IRS Employer |
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| ||
1920 L Street, N.W., 6th Floor, Washington, D.C. |
| 20036 | ||
(Address of principal executive offices) |
| (Zip Code) | ||
Registrant’s telephone number, including area code (202) 467-6868
N/A
(Former name or former address, 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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. Other Events.
On November 6, 2008, in connection with (i) the phase-in of the Surplus Usable Property Sales Contract (Sales Contract Number 08-0001-0001) (the “New Surplus Contract”) between Liquidity Services, Inc. (the “Company”) and the Defense Reutilization and Marketing Service of the U.S. Department of Defense (the “DRMS”) and (ii) the wind-down of Commercial Venture II (CV-II) (Sales Contract Number 99-0001-0002) (the “Surplus Contract”) between the DRMS and the Company, the Company and DRMS entered into Supplement Agreement 18, extending the performance period of the Surplus Contract from November 1, 2008, until December 17, 2008. The Company expects to commence operations under the New Surplus Contract on or about December 18, 2008.
The New Surplus Contract was awarded to the Company on July 31, 2008, and was filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 6, 2008.The DRMS had previously provided written notice to the Company on September 2, 2008 that the DRMS was terminating the performance period of the Surplus Contract effective as of November 1, 2008. This written notice was filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on September 5, 2008.
Supplemental Agreement 18 between the Company and DRMS, extending the performance period of the Surplus Contract through December 17, 2008, is attached hereto as Exhibit 10.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following exhibit is filed as part of this report:
10.1 Supplemental Agreement 18 (Sales Contract Number 99-0001-0002)
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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.
| LIQUIDITY SERVICES, INC. | |
| (Registrant) | |
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Date: November 12, 2008 | By: | /s/ James E. Williams |
| Name: | James E. Williams |
| Title: | Vice President, General Counsel and |
|
| Corporate Secretary |
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Exhibit Index
Exhibit No. |
| Description |
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10.1 |
| Supplemental Agreement 18 (Sales Contract Number 99-0001-0002) |
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