Liquidity Services (NASDAQ: LQDT) extends Wells Fargo credit agreement to 2028

Rhea-AI Filing Summary

Liquidity Services, Inc. entered into a Fourth Amendment to its Credit Agreement with Wells Fargo Bank, National Association. This amendment extends the term of the Company’s existing credit agreement by one year, moving the maturity date from March 31, 2027 to March 31, 2028. All other terms and conditions of the credit facility remain unchanged and in full force and effect.

Insights

Corporate credit analyst

Liquidity Services secured a one-year extension on its existing credit line with unchanged terms.

Liquidity Services, Inc. and Wells Fargo Bank amended their existing Credit Agreement to extend its term from March 31, 2027 to March 31, 2028. The amendment does not alter other terms or conditions, indicating a continuation of the current banking relationship.

This kind of extension helps maintain access to committed bank financing over a longer horizon, which can support working capital and general corporate needs. Actual financial impact depends on how much of the facility the company uses over time and on any future amendments or renewals.

8-K Event Classification

2 items: 1.01, 9.01

2 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Original credit agreement date: February 10, 2022 Prior maturity date: March 31, 2027 New maturity date: March 31, 2028

3 metrics

Original credit agreement date February 10, 2022 Date Credit Agreement was first executed with Wells Fargo Bank

Prior maturity date March 31, 2027 Original term end of the Credit Agreement before the Fourth Amendment

New maturity date March 31, 2028 Extended term end under the Fourth Amendment to Credit Agreement

Key Terms

Material Definitive Agreement, Credit Agreement, Fourth Amendment to Credit Agreement, Emerging growth company

4 terms

Material Definitive Agreement regulatory

"Item 1.01 Entry into a Material Definitive Agreement."

A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.

Credit Agreement financial

"which amends that certain Credit Agreement by and between the Company and the Lender"

A credit agreement is a written loan contract between a borrower and a bank or other lender that lays out how much money can be borrowed, the interest rate, repayment schedule, fees, and the rules the borrower must follow. For investors, it matters because those terms affect a company’s cash costs, borrowing flexibility and risk of default — similar to how a mortgage’s rules determine a homeowner’s monthly budget and freedom to make changes.

Fourth Amendment to Credit Agreement financial

"entered into the Fourth Amendment to Credit Agreement, which amends that certain Credit Agreement"

Emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

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Understanding 8-K Material Events →

Available on EDGAR 06/26/2026 - 05:28 PM Accepted by SEC EDGAR 06/26/2026 - 05:28 PM Learn about SEC filing dates

0001235468false00012354682026-06-222026-06-22

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): June 22, 2026

Liquidity Services, Inc.

(Exact name of Registrant as Specified in Its Charter)

Delaware			0-51813	52-2209244
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
6931 Arlington Road Suite 460
Bethesda, Maryland				20814
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: 202 4676868

(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:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.001 par value		LQDT		The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

Amendment to Credit Agreement

On June 22, 2026, Liquidity Services, Inc. (the “Company”) and Wells Fargo Bank, National Association (the “Lender”) entered into the Fourth Amendment to Credit Agreement, which amends that certain Credit Agreement by and between the Company and the Lender, dated February 10, 2022 (as previously amended, the “Credit Agreement”) by extending the term of the Credit Agreement from March 31, 2027 to March 31, 2028. All other terms and conditions of the Credit Agreement remain in full force and effect without waiver or modification.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

10.1 Fourth Amendment to Credit Agreement

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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)
Date: June 26, 2026	By:	/s/ Mark A. Shaffer
	Name:		Mark A. Shaffer
	Title:		Chief Legal Officer and Corporate Secretary

FAQ

What did Liquidity Services (LQDT) change in its credit agreement with Wells Fargo?

Liquidity Services and Wells Fargo signed a Fourth Amendment extending the existing Credit Agreement’s term from March 31, 2027 to March 31, 2028. All other terms and conditions of the credit facility remain unchanged and in full force and effect.

Does the Liquidity Services (LQDT) credit amendment change terms other than maturity?

No, the amendment only extends the term of the Credit Agreement by one year. The filing states that all other terms and conditions of the Credit Agreement remain in full force and effect without waiver or modification by either party.

Who is Liquidity Services’ lending partner under the amended Credit Agreement?

The lending partner is Wells Fargo Bank, National Association. Liquidity Services and Wells Fargo are parties to the Credit Agreement originally dated February 10, 2022, which has now been amended a fourth time to extend its maturity to March 31, 2028.

When does Liquidity Services’ amended credit facility now expire?

The amended credit facility now expires on March 31, 2028. Previously, the Credit Agreement’s term extended only to March 31, 2027, and the Fourth Amendment moves the maturity date out by one additional year under the same terms.

What SEC item did Liquidity Services use to report the credit amendment?

Liquidity Services reported the credit amendment under Item 1.01, Entry into a Material Definitive Agreement. This item is used when a company enters a significant contract, such as a Credit Agreement amendment with Wells Fargo Bank, National Association.

Filing Exhibits & Attachments

2 documents

Agreements & Contracts

• EX-10.1 EX-10.1 37.1 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA WITH EMBEDDED LINKBASES DOCUMENT 24.3 KB