Core Insights - Sierra Auction has expanded its operations by opening a new location in Montclair, California, marking its first expansion outside Arizona [1][3] - The new facility will serve as the GovDeals Lot, enhancing Sierra Auction's presence in the Southwest [1][3] - This expansion increases Sierra Auction's total locations to three, alongside existing facilities in Phoenix and Tucson [3] Company Overview - Sierra Auction specializes in the sale of vehicles, equipment, and surplus assets for government agencies, commercial businesses, and charity organizations [2][8] - The company operates as a trusted marketplace within GovDeals, which is a subsidiary of Liquidity Services [2][8] Services Offered - The new location allows government and commercial fleet owners in California to sell retired fleet assets with zero commission and zero fees [4] - Auctions are accessible online, providing the general public with opportunities to bid on a variety of items, including vehicles and heavy equipment [5][7] Market Demand - Sierra Auction has experienced a significant increase in demand across various categories, including heavy equipment and passenger vehicles [6] - The company continues to see strong momentum as part of the GovDeals marketplace, reflecting its growth over the past year [6] About GovDeals - GovDeals is recognized as the world's leading marketplace for surplus government and educational assets, facilitating over $15 billion in sales to date [9] - The platform offers a transparent surplus disposition technology, allowing sellers to manage their listings with more control and lower fees compared to traditional auction solutions [9]

The new Service Management features amplify traditionally underrepresented offerings provided by equipment dealersCHICAGO, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Machinio, a Liquidity Services (NASDAQ: LQDT) company and one of the leading global online platforms for buying and selling machinery and equipment, is introducing service-specific features to enhance its Machinio System platform. These features will support the service side of their customers' businesses in tandem with the existing machinery sales plat ...

Core Viewpoint - Liquidity Services is set to announce its fourth quarter fiscal year 2025 results on November 20, 2025, with a conference call scheduled for the same day to discuss the results [1]. Company Overview - Liquidity Services operates the largest B2B e-commerce marketplace for surplus assets, having completed over $10 billion in transactions [3]. - The company serves more than five million qualified buyers and 15,000 corporate and government sellers globally [3]. - Liquidity Services supports sustainability efforts by extending asset life, reducing waste and carbon emissions, and minimizing landfill contributions [3].

Core Insights - Robert F. Abbott has been managing family investments since 1995 and expanded his strategy to include options trading in 2010, focusing on covered calls and collars with long stocks [1] Group 1 - Robert F. Abbott is a freelance writer and operates a website aimed at providing information for new and intermediate-level mutual fund investors [1] - Abbott holds a Bachelor of Arts and a Master of Business Administration (MBA) degree [1] - He resides in Airdrie, Alberta, Canada [1]

Core Insights - Robert F. Abbott has been managing family investments since 1995 and incorporated options trading in 2010, focusing on covered calls and collars with long stocks [1] Group 1 - Robert F. Abbott is a freelance writer and operates a website aimed at providing information for new and intermediate-level mutual fund investors [1] - Abbott holds a Bachelor of Arts and a Master of Business Administration (MBA) degree [1]

Core Insights - Jefferson County successfully conducted its first online surplus property sale, auctioning a 29.52-acre land parcel for $387,000 [1][2] - The move to an online auction format aimed to expand the buyer base and increase sale totals, reflecting a shift in how local governments can leverage online platforms for asset sales [2][3] Company Insights - GovDeals is the leading online marketplace for government agencies to sell surplus assets, including real estate, with a focus on transparency and efficiency in the sales process [4] - The platform has facilitated over $15 billion in sales, showcasing its effectiveness in the surplus asset market [4] Industry Trends - The trend of moving government surplus sales online aligns with consumer behavior, as more people are accustomed to purchasing items online, from everyday goods to high-value assets [3] - The success of Jefferson County's auction indicates a growing acceptance and potential for online platforms in the public sector to enhance revenue from surplus sales [2][3]

Core Insights - XBO Ventures has invested $25 million in Rapyd's $500 million Series F funding round, gaining priority access to Rapyd's global fintech infrastructure [1][4][10] - The investment signifies a strategic move to integrate crypto-native solutions with traditional financial services, enhancing cross-border payments and embedded financial services [2][8][9] Investment Details - The $25 million investment allows XBO Ventures to leverage Rapyd's extensive payments ecosystem, including liquidity services, custodial solutions, and fiat on- and off-ramps [4][6] - Rapyd is expanding into Web3-ready payment solutions, marking a significant step towards bridging traditional finance and the digital asset economy [4][13] Strategic Value for XBO - The partnership strengthens XBO Ventures' position in the fintech space, aiming to accelerate the adoption of digital assets for everyday payments and decentralized finance applications [9][10] - XBO.com is developing solutions in liquidity management and fiat integration, which will now be distributed globally through Rapyd's infrastructure [10][11] Rapyd's Global Push - Rapyd is recognized as a leading fintech infrastructure provider, facilitating payments for Fortune 500 companies and startups [12][14] - With the new funding, Rapyd plans to enhance its embedded finance offerings and develop products for Web3 use cases, including blockchain-enabled transactions [13][14] Long-Term Partnership - The collaboration aims to create a next-generation financial platform that combines the innovation of crypto with the reliability of regulated financial infrastructure [15] - Startups and enterprises will benefit from streamlined access to both crypto and fiat services, leading to faster settlement cycles and reduced complexity in global payments [16]

Core Insights - Liquidity Services is offering two high-capacity (13.14 MW each) DRUPS systems from a large data storage manufacturer in California, available for immediate purchase [1][2] - The sale targets new data centers, semiconductor, pharmaceutical, and critical infrastructure operators, providing a premium backup power solution without long lead times [2] - The systems include complete switchgear, transformer distribution systems, sound suppression enclosures, and meet BAAQMD Tier 4 environmental control standards [2] Company Overview - AllSurplus is the leading online marketplace for surplus business assets, enabling sellers to manage listings efficiently with lower fees compared to traditional auction methods [4] - Liquidity Services, the parent company of AllSurplus, has a strong reputation in the surplus industry, having supported millions of customers globally [4]

Core Insights - Liquidity Services announced the sale of a fully equipped pressure-sensitive release liner manufacturing plant in Eden, North Carolina, in collaboration with Perry Equipment Company and Mark One Machinery [1] - The sale is conducted via a make offer format on AllSurplus, which is a leading online marketplace for surplus business assets [1][4] Company and Industry Summary - The sale presents a unique opportunity for manufacturers in the label, tape, medical, and industrial sectors to acquire a turnkey coating and converting operation, featuring modern capabilities and immediate production potential [2] - The facility includes advanced equipment such as extrusion and gravure coating lines, slitter rewinders, flexographic printing, robotic roll handling and wrapping systems, and more, all designed for producing silicone-coated paper and film liners [2] - AllSurplus, powered by Liquidity Services, offers a centralized platform for buyers to access surplus assets across various marketplaces, enhancing the efficiency of selling and purchasing industrial equipment [4] - Perry Equipment Company specializes in supplying used process equipment across multiple industries, providing machinery and services to maximize operational value [5] - Mark One Machinery focuses on the sale of used converting and extrusion equipment for the flexible packaging industry, emphasizing quality and tailored solutions for manufacturers [6]

Company Overview - Liquidity Services (NASDAQ:LQDT) is a leading global commerce company that operates the world's largest B2B e-commerce marketplace platform for surplus assets, with over $15 billion in completed transactions [2] - The company has more than five million qualified buyers and 15,000 corporate and government sellers worldwide [2] - Liquidity Services supports sustainability efforts by helping clients extend the life of assets, prevent unnecessary waste and carbon emissions, and reduce landfill contributions [2] Event Participation - Bill Angrick, Co-Founder, Chairman, and CEO of Liquidity Services, will present at the Midwest IDEAS conference on August 27, 2025, in Chicago, IL [1] - The conference will feature leaders and innovators engaging in one-on-one meetings to discuss emerging trends influencing the future [1]