---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-005576"
form_type: "8-K"
ticker: "RBA"
cik: "0001046102"
company_name: "RB GLOBAL INC."
filed_at: "2023-01-23T23:59:59+00:00"
generated_at: "2026-06-20T11:28:48.437112+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ritchie Bros. amends IAA merger: $12.80 cash + 0.5252 shares per IAA share, $1.08 special dividend

## Summary
- IAA shareholders now receive $12.80 cash + 0.5252 RBA shares per share (was $10 cash + 0.5804 shares).
- RBA Board expects to approve $1.08/special dividend contingent on closing, payable to RBA shareholders.
- Starboard Value to invest $485M convertible preferred + $15M common in RBA; supports IAA deal.
- Preliminary FY2022 results expected in-line or above FactSet consensus; Q4 earnings in Feb.
- Ancora supports amended deal; Tim O'Day expected to join RBA board post-closing.

## SEC filing metadata
- accession: 0001104659-23-005576
- form_type: 8-K
- ticker: RBA
- cik: 0001046102
- company_name: RB GLOBAL INC.
- filed_at: 2023-01-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046102/000110465923005576/0001104659-23-005576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046102/000110465923005576/tm234150d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-005576
- JSON: https://secwatch.observer/filing/0001104659-23-005576.json
- Plain text: https://secwatch.observer/filing/0001104659-23-005576.txt

## Key facts
- Earnings Releases
  RB GLOBAL INC. reported preliminary financial results for fiscal year ended December 31, 2022.
  - Period: fiscal year ended December 31, 2022
  - Result: preliminary results
  source text: Such press release also provided certain preliminary unaudited financial expectations for its fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046102/000110465923005576/0001104659-23-005576-index.htm
- Material Agreements
  RB GLOBAL INC. amended Amendment to the Agreement and Plan of Merger and Reorganization with IAA, Inc. valued at consideration changed to 0.5252 RBA common shares and $12.80 cash per IAA share; termination expense (effective 2023-01-22).
  - Action: amendment
  - Agreement: merger
  - Counterparty: IAA, Inc.
  - Value: consideration changed to 0.5252 RBA common shares and $12.80 cash per IAA share; termination expense
  - Effective: 2023-01-22
  source text: On January 22, 2023, the Company, IAA and the other parties to the Merger Agreement entered into the Amendment to the Agreement and Plan of Merger and Reorganization (the “ Amendment ” and the Original Merger Agreement, as amended by the Amendment, the “ Merger Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046102/000110465923005576/0001104659-23-005576-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.