secwatch.observer — SEC 8-K summary
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Issuer:     RB GLOBAL INC. (RBA)
CIK:        0001046102
Form:       8-K/A
Filed at:   2023-04-04T23:59:59+00:00
Accession:  0001104659-23-041232
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IAA 2022 revenues rise 14% to $2.1B, net income flat at $292.4M; pro forma combined statements filed
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- IAA FY2022 total revenues of $2.1B, up from $1.84B in FY2021; service revenues $1.69B.
- Net income $292.4M ($2.18 diluted EPS) in FY2022, virtually unchanged from $294.4M in prior year.
- Operating profit $417M; total assets $3.36B; goodwill $767.5M as of Jan 1, 2023.
- Pro forma condensed combined financials as of Dec 31, 2022 included for illustrative purposes.
- Acquisition closed March 20, 2023 with IAA shareholders receiving 0.5252 RBA shares + $12.80 cash per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046102/000110465923041232/0001104659-23-041232-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046102/000110465923041232/tm2311317d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-041232

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