SCHEDULE: Staley Capital Advisers Discloses Stake in Liquidity Services

Staley Capital Advisers Inc. and its affiliates have reported a beneficial ownership of 1.7% of Liquidity Services Inc. common stock as of March 31, 2026.

Summary

• This filing is an amendment to a Schedule 13G, indicating a change in beneficial ownership of Liquidity Services Inc. (LSI) common stock.
• The reporting persons, including Forum Capital Partners, LP, Staley Capital Advisers, Inc., John A. Staley IV, William F. Stotz, James D. Roberge, Brian M. McInerney, and Andrew J. Roberge, collectively hold a beneficial ownership of LSI's common stock.
• As of March 31, 2026, the aggregate amount beneficially owned by the reporting persons is 539,355 shares, representing 1.7% of the class.
• This ownership percentage is based on 31,039,308 shares of LSI common stock issued and outstanding as of February 2, 2026.
• Staley Capital Advisers, Inc. acts as the General Partner to Forum Capital Partners, LP.
• Individual reporting persons also hold direct ownership: Mr. Stotz owns 26,200 shares, Mr. James Roberge owns 119,000 shares, and Mr. Andrew Roberge owns 9,010 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership and does not provide new operational or financial performance information about the company.

Positives

• The reporting persons have a stated intention not to influence or change the control of the issuer, suggesting a passive investment approach.
• Individual reporting persons hold direct ownership stakes, aligning their interests with other shareholders.

Negatives

• The filing does not contain any information that would be considered negative in terms of company performance or outlook, as it is a disclosure of beneficial ownership.

Risks

• The filing does not explicitly mention any risks. However, as with any investment, there are inherent market risks associated with holding shares of a publicly traded company.

Future Outlook

The filing does not contain forward-looking statements or guidance. It is a disclosure of beneficial ownership.

Management Comments

• The Reporting Persons expressly disclaim beneficial ownership of the Issuer's Common Stock reported herein, except for the following: Mr. Stotz is the owner of 26,200 shares of the Common Stock; Mr. James Roberge is the owner of 119,000 shares of the Issuer's Common Stock and Mr. Andrew Roberge is the owner of 9,010 shares of the Issuer's Common Stock.
• By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and investment advisors to report passive stakes in public companies. This filing indicates Staley Capital Advisers and its affiliates are significant, albeit passive, holders in Liquidity Services Inc.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding significant beneficial ownership, which can be of interest to other shareholders.
• Management: The filing confirms a passive investment approach by Staley Capital Advisers and its affiliates, which may influence management's perception of shareholder base stability.

Next Steps

• The reporting persons will continue to monitor their investment in Liquidity Services Inc.

Key Dates

Keywords

Liquidity Services Inc, Schedule 13G, Beneficial Ownership, Staley Capital Advisers, Forum Capital Partners, SEC Filing, Common Stock, Investment Disclosure