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LQDT vs TONX

Liquidity Services, Inc. and TON Strategy Company Common Stock

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Liquidity Services, Inc.

Liquidity Services, Inc. engages in the provision of e-commerce marketplaces, self-directed auction listing tools, and value-added services in the United States and internationally. The company operates through four segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. Its solutions enable government entities and commercial businesses to sell surplus property and real estate assets through GovDeals, Bid4Assets, and Sierra marketplaces. The company also offers a suite of services, including surplus management, asset valuation, asset sales, marketing, returns management, asset recovery, and ecommerce services; and operates Liquidation.com, a marketplace to sell excess, returned, and overstocked consumer goods. In addition, it operates a global search engine platform for listing used equipment for sale in the construction, machine tool, transportation, printing, laboratory/medical, and agriculture sectors. Further, the company provides Machinio System service that offers various software tools, such as website hosting, email marketing, and inventory management to equipment sellers. The company offers products for various industries, such as consumer electronics, general merchandise, apparel, scientific equipment, aerospace parts and equipment, technology hardware, real estate, energy equipment, industrial capital assets, heavy equipment, fleet and transportation equipment, and specialty equipment. The company was incorporated in 1999 and is headquartered in Bethesda, Maryland.

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TON Strategy Company Common Stock

TON Strategy Company, through its subsidiaries, operates as an interactive video-based social commerce company. The company operates in two segments: MARKET.live and Go Fund Yourself. It offers MARKET.live, a livestream social shopping platform that allows brands, retailers, and creators to broadcast shopping events on various social media channels. The company also offers GO FUND YOURSELF, an interactive social crowd funding platform and TV show for public and private companies on various social media channels. In addition, it provides Vanity Prescribed.com and GoodGirlRx.com that are telehealth portals, which allows its customers to access telehealth services and pharmaceuticals, including the new weight-loss drugs, as well as virtual doctor visits with licensed physicians. Further, the company sells prescription and non-prescription pharmaceutical and health-care products through subscription and non-prescription programs. The company was formerly known as Verb Technology Company, Inc. and changed its name to TON Strategy Company in September 2025. TON Strategy Company is headquartered in Las Vegas, Nevada.

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