Press Release: Machinio : Liquidity Services Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)

BETHESDA, Md., July 19, 2018 (GLOBE NEWSWIRE) -- Liquidity Services, Inc. (NASDAQ:LQDT), a global solution provider in the reverse supply chain with the world's largest marketplace for business surplus, today announced it has completed issuing equity grants to new employees in connection with the acquisition of Machinio Corp., a leading global online platform for listing used equipment for sale in the construction, machine tool, transportation, printing and agriculture sectors. The acquisition of Machinio Corp. was previously announced on July 10, 2018. The Company issued a total of 667,384 shares of common stock, including restricted shares and restricted stock units, as inducement grants to the founders of Machinio who accepted employment with the Company.