SCHEDULE 13G/A: Investment Firms and Individuals Disclose Passive Stakes in Liquidity Services Inc.
Beneficial Ownership Disclosure
Multiple investment entities and individuals, including Forum Capital Partners and Staley Capital Advisers Inc., have jointly filed an amended Schedule 13G disclosing their passive beneficial ownership in Liquidity Services Inc., with individual stakes ranging up to 4.6% of common stock.
Summary
- Forum Capital Partners, LP, Staley Capital Advisers Inc., and several individuals (John A. Staley IV, William F. Stotz, James D. Roberge, Brian M. McInerney, and Andrew J. Roberge) have jointly filed an Amendment No. 7 to Schedule 13G.
- The filing discloses beneficial ownership of common stock in Liquidity Services Inc. (CUSIP: 53635B107).
- As of December 31, 2024, Forum Capital Partners, Staley Capital Advisers Inc., John A. Staley IV, and Brian M. McInerney each beneficially own 1,300,000 shares, representing 4.2% of the class.
- William F. Stotz beneficially owns 1,327,800 shares, representing 4.3% of the class, including 27,800 shares directly owned.
- James D. Roberge beneficially owns 1,421,000 shares, representing 4.6% of the class, including 121,000 shares directly owned.
- Andrew J. Roberge beneficially owns 1,320,270 shares, representing 4.3% of the class, including 20,070 shares directly owned.
- The ownership percentages are calculated based on 30,741,216 shares of Liquidity Services Inc. common stock issued and outstanding as of December 9, 2024, as reported in the Issuer's Form 10-Q filed on December 12, 2024.
- The reporting persons explicitly state that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: This is a factual disclosure of beneficial ownership, which is neutral in sentiment. It indicates passive investment stakes without expressing positive or negative views on the company's performance or prospects.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
This document is a beneficial ownership disclosure and does not contain any forward-looking statements or guidance regarding the issuer's future outlook.
Management Comments
- NA
Industry Context
This filing is a routine disclosure of passive investment stakes by institutional and individual investors, common in the financial industry for transparency regarding significant ownership positions in publicly traded companies. It does not provide specific insights into broader industry trends for Liquidity Services Inc.'s sector.
Comparison to Industry Standards
- NA
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- This filing provides transparency to shareholders and the market regarding significant passive ownership stakes held by Forum Capital Partners, Staley Capital Advisers Inc., and associated individuals in Liquidity Services Inc.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 2024-12-09 | Date as of which 30,741,216 shares of common stock were reported as issued and outstanding by the Issuer in its Form 10-Q. |
| 2024-12-12 | Date the Issuer filed its Form 10-Q with the SEC, reporting shares outstanding. |
| 2024-12-31 | Date of event which requires filing of this statement (ownership information reported as of this date). |
| 2025-02-14 | Date of the Joint Filing Agreement among the Reporting Persons. |
| 2025-02-14 | Date the Schedule 13G/A was signed and filed. |
Keywords
SEC filing, Schedule 13G, Beneficial Ownership, Liquidity Services Inc., Common Stock, Investment Adviser, Passive Investment, Institutional Ownership, Shareholder Disclosure
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