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)  March 14, 2007

LIQUIDITY SERVICES, INC.

(Exact name of registrant as specified in its charter)

Registrant’s telephone number, including area code  (202) 467-6868

N/A

(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:

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

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

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

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

Item 8.01.  Other Events.

On March 14, 2007, Liquidity Services, Inc. issued a press release entitled “Liquidity Services, Inc. Announces Follow On Offering of Common Stock,” which is attached hereto as Exhibit 99.1.

Item 9.01.  Financial Statements and Exhibits.

(d) Exhibits

The following exhibit is filed as part of this report:

99.1                           Press Release, dated March 14, 2007.

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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.

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Exhibit Index

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Exhibit 99.1

Liquidity Services, Inc. Announces Follow On Offering of Common Stock

Washington, DC — March 14, 2007 — Liquidity Services, Inc. (Nasdaq: LQDT) announced today the pricing on March 13, 2007 of its follow on public offering of 3,500,000 shares of its common stock at a price of $18.00 per share.  Liquidity Services, Inc. (LSI) will sell 100,000 shares and certain stockholders will sell 3,400,000 shares.  In addition, certain stockholders have granted the underwriters an option to purchase up to 525,000 additional shares of common stock to cover over-allotments, if any, for a period of up to 30 days.  The common stock trades on the NASDAQ National Market under the symbol “LQDT.”

Friedman, Billings, Ramsey & Co., Inc., CIBC World Markets Corp. and RBC Capital Markets Corp. are acting as joint-bookrunning managers.  Cantor Fitzgerald & Co., Lazard Capital Markets LLC, Oppenheimer & Co. Inc. and Stifel, Nicolaus & Company, Incorporated are acting as co-managers for the offering.

A copy of the prospectus relating to these securities may be obtained, when available, from: Friedman, Billings, Ramsey & Co., Inc. at 1001 Nineteenth Street North, 18th Floor, Arlington, VA 22209; CIBC World Markets Corp. c/o USE Prospectus Department, 425 Lexington Avenue, 5th Floor, New York, New York 10017, useprospectus@us.cibc.com; or RBC Capital Markets at Dain Rauscher Plaza, 60 South 6th Street, Minneapolis, MN 55402-4422.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, and there shall not be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Liquidity Services, Inc.
Liquidity Services, Inc. and its subsidiaries enable corporations and government agencies to market and sell surplus assets and wholesale goods quickly and conveniently using online auction marketplaces and value-added services. The company is based in Washington, D.C. Additional information can be found at: www.liquidityservicesinc.com.

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Media Contact:

Julie Davis

Liquidity Services, Inc.

julie.davis@liquidityservicesinc.com

202.467.6868 ext 234