{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-115108","form_type":"8-K","ticker":"RBA","cik":"0001046102","company_name":"RB GLOBAL INC.","filed_at":"2022-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.396123+00:00","generated_at":"2026-06-22T04:58:09.329431+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Ritchie Bros. to acquire IAA for ~$7.3B in stock/cash; expected close H1 2023","bullets":["IAA stockholders receive $10 cash + 0.5804 RBA shares per share; ~19% premium to IAA's Nov 4 close.","Transaction multiple of 13.6x IAA LTM Adjusted EBITDA; combined pro forma GTV ~$14.5B.","Expected annual run-rate cost synergies of $100-120M by end of 2025.","RBA stockholders will own ~59% of combined company; IAA stockholders ~41%.","Financing includes $750M revolver backstop and $2.8B bridge loan commitment."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-115108","json":"https://secwatch.observer/filing/0001104659-22-115108.json","markdown":"https://secwatch.observer/filing/0001104659-22-115108.md","text":"https://secwatch.observer/filing/0001104659-22-115108.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1046102/000110465922115108/0001104659-22-115108-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1046102/000110465922115108/tm2229848d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T04:58:09.329431+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f1eae8f315b805c11b4d19ecb9b8e959fafeec94","claim":"RB GLOBAL INC. entered into Agreement and Plan of Merger and Reorganization with IAA, Inc. valued at approximately $7.3 billion (effective 2022-11-07).","evidence_excerpt":"On November 7, 2022, Ritchie Bros. Auctioneers Incorporated, a company organized under the federal laws of Canada (“RBA”), entered into an Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) with Ritchie Bros. Holdings Inc., a Washington corporation and a direct and indirect wholly owned subsidiary of RBA (“US Holdings”), Impala Merger Sub I, LLC, a Delaware limited liability company and a direct wholly owned subsidiary of US Holdings (“Merger Sub 1”), Impala Merger Sub II, LLC, a Delaware limited liability company and a direct wholly owned subsidiary of US Holdings (“Merger Sub 2”), and IAA, Inc., a Delaware corporation (“IAA”), providing for RBA’s acquisition of IAA for total consideration as of the date hereof of approximately $7.3 billion, including the assumption of approximately $1.0 billion in debt.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046102/000110465922115108/0001104659-22-115108-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"IAA, Inc."},{"label":"Value","value":"approximately $7.3 billion"},{"label":"Effective","value":"2022-11-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}