{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-034673","form_type":"8-K","ticker":"RBA","cik":"0001046102","company_name":"RB GLOBAL INC.","filed_at":"2023-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.654969+00:00","generated_at":"2026-06-17T21:58:56.646559+00:00","sec_items":["1.01","2.03","1.02","2.01","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Ritchie Bros. closes $1.7B+ cash-and-stock acquisition of IAA, creating combined marketplace","bullets":["RBA delivers ~70.3M common shares and ~$1.7B cash to former IAA stockholders; each IAA share exchanged for $12.80 cash plus 0.5252 RBA shares.","Financing includes $550M 6.75% Senior Secured Notes due 2028 and $800M 7.75% Senior Notes due 2031; existing 5.375% notes redeemed March 20.","Board expanded from 10 to 12 members; Brian Bales, William Breslin, Tim O'Day and Michael Sieger appointed; Mahesh Shah and Chris Zimmerman resigned.","Special cash dividend of $1.08 per RBA common share declared, payable March 28, 2023 to holders of record March 17, conditional on closing.","IAA common stock ceased trading on NYSE as of March 20, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-034673","json":"https://secwatch.observer/filing/0001104659-23-034673.json","markdown":"https://secwatch.observer/filing/0001104659-23-034673.md","text":"https://secwatch.observer/filing/0001104659-23-034673.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1046102/000110465923034673/0001104659-23-034673-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1046102/000110465923034673/tm239976d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T21:58:56.646559+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":"c4401fb3688ce4141da53cc99f92ecf26bb53b90","claim":"RB GLOBAL INC. incurred senior notes of $800.0 million aggregate principal amount with US Bank, as trustee at 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2028","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046102/000110465923034673/0001104659-23-034673-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$550.0 million aggregate principal amount"},{"label":"Counterparty","value":"US Bank, as trustee"},{"label":"Rate","value":"6.750%"},{"label":"Maturity","value":"due 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"2b54dd97bf","claim":"Christopher Zimmerman resigned as Director at RB GLOBAL INC..","evidence_excerpt":"the Board received letters of resignation from each of Mahesh Shah and Christopher Zimmerman, resigning from the Board of Directors of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046102/000110465923034673/0001104659-23-034673-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"3d3bf0215a","claim":"Timothy O'Day was appointed as Director at RB GLOBAL INC..","evidence_excerpt":"the Board appointed each of Brian Bales, William Breslin, Timothy O’Day and Michael Sieger to the Board","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046102/000110465923034673/0001104659-23-034673-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"93fbf0db40","claim":"Brian Bales was appointed as Director at RB GLOBAL INC..","evidence_excerpt":"the Board appointed each of Brian Bales, William 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(“Merger Sub 1”), Impala Merger Sub II, LLC, a Delaware limited liability company and a direct wholly owned subsidiary of US Holdings (“Merger","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046102/000110465923034673/0001104659-23-034673-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"IAA, Inc."},{"label":"Consideration","value":"0.5252 of a common share of RBA and $12.80 in cash per IAA share"},{"label":"Closing","value":"2023-03-20"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}