Form 8-K
8-K — RB GLOBAL INC.
Accession: 0001104659-26-063234
Filed: 2026-05-18
Period: 2026-05-18
CIK: 0001046102
SIC: 7389 (SERVICES-BUSINESS SERVICES, NEC)
Item: Other Events
Item: Financial Statements and Exhibits
Documents
8-K — tm2614952d1_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (tm2614952d1_ex99-1.htm)
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM 8-K
CURRENT
REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
May 18, 2026
RB Global, Inc.
(Exact
name of registrant as specified in its charter)
Canada
001-13425
98-0626225
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification Number)
Two
Westbrook Corporate Center, Suite
500,Westchester,
Illinois 60154
(Address of principal executive offices) (Zip Code)
(708)
492-7000
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.
below):
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d
-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e
-4(c))
Securities registered pursuant
to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Common
shares
RBA
New
York Stock Exchange
Common
Share Purchase Rights
N/A
New
York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act. ¨
Item 8.01
Other Events.
On May 18, 2026, RB Global, Inc. announced
that it has finalized its acquisition of Big Iron Auction Company. A copy of the news release containing further details is attached hereto
as Exhibit 99.1 and incorporated herein by reference.
Item 9.01
Financial Statements and Exhibits
(d) Exhibits
Exhibit Number
Description
99.1
News release, dated May 18, 2026 issued by RB Global, Inc.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
RB
GLOBAL, INC.
By:
/s/
Ryan Welsh
Ryan
Welsh
VP
Legal & Corporate Secretary
Date: May 18, 2026
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2614952d1_ex99-1.htm · Sequence: 2
Exhibit 99.1
FOR
IMMEDIATE RELEASE
RB
Global Completes Acquisition of BigIron
WESTCHESTER, Ill.
— May 18, 2026 — RB Global, Inc. (NYSE: RBA) (TSX: RBA) (“RB Global” or the “Company”),
the trusted global partner for insights, services and transaction solutions, today announced that it has completed the acquisition of
Big Iron Auction Company (“BigIron”), accelerating the Company’s strategic expansion into the U.S. agriculture market.
“RB
Global and BigIron share a commitment to trust, transparency and putting our partners and customers first,” said Jim Kessler,
Chief Executive Officer of RB Global. “The BigIron team brings deep expertise and strong relationships within the U.S. agriculture
market, which complements our broader marketplace capabilities. This move expands our presence in a highly attractive category, adds
differentiated expertise across U.S. agriculture, including agricultural real estate transactions, and advances our operating strategy
of pairing scale with specialized market leadership.”
Founded
in the early 1980s, BigIron has built a strong reputation for its transparent, unreserved auction model and customer-first approach across
agricultural equipment, real estate and related assets. Embedded in the rural communities it serves across the United States, BigIron
has developed strong, local relationships with farmers, landowners and rural enterprises. Customers will benefit from access to RB Global’s
broader marketplace capabilities, including onsite, offsite and digital channels and solutions, while maintaining the relationships and
experience they value today.
About
RB Global
RB
Global, Inc. (NYSE: RBA) (TSX: RBA) is a leading, omnichannel marketplace and trusted provider of value-added insights, services
and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Through its global network of auction sites
and digital platform, RB Global serves customers worldwide across a variety of asset classes, including automotive, construction, commercial
transportation, government surplus, lifting and material handling, energy, mining and agriculture. The company’s end-to-end marketplace
solutions include Ritchie Bros., IAA, Rouse Services, SmartEquip and VeriTread. For
more information about RB Global, visit www.rbglobal.com.
Forward-Looking
Statements
Certain
statements contained in this release include “forward-looking statements” within the meaning of U.S. federal securities laws
and “forward-looking information” within the meaning of Canadian securities laws (collectively, "forward-looking statements").
Forward-looking statements herein include, in particular, statements relating to the anticipated
benefits of the acquisition, the anticipated impact of the acquisition on RB Global’s business and future financial and operating
results, expansion and other value creation opportunities from the acquisition, future operating plans relating to the acquisition,
and other subjects of this release that are not historical facts. Forward-looking statements are typically identified by such words as
“advance”, “aim”, “anticipate”, “believe”, “could”, “continue”,
“estimate”, “expect”, “intend”, “may”, “ongoing”, “plan”, “potential”,
“predict”, “will”, “should”, “would”, “could”, “likely”, “generally”,
“future”, “long-term”, or the negative of these terms, and similar expressions intended to identify forward-looking
statements. It is uncertain whether any of the events anticipated by the forward-looking statements will transpire or occur, or if any
of them do, what impact they will have on the results of operations and financial condition of RB Global's common shares. Therefore,
you should not place undue reliance on any such forward-looking statements and caution must be exercised in relying on forward-looking
statements. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties
that may cause actual results to differ materially, including but not limited to risks and uncertainties relating to: our ability to
drive shareholder value; potential growth and market opportunities; the level of participation in our auctions and the success of our
online marketplaces; our ability to grow our businesses, acquire new customers, enhance our sector reach, drive geographic depth, and
scale our operations; the impact of our initiatives, services, investments, and acquisitions on us and our customers; the acquisition
or disposition of properties; potential future mergers and acquisitions; our ability to integrate acquisitions; our future capital expenditures
and returns on those expenditures; our ability to add new business and information solutions, including, among others, our ability to
maximize and integrate technology to enhance our existing services and support additional value-added service offerings; the supply trend
of equipment and vehicles in the market and the anticipated price environment, as well as the resulting effect on our business and Gross
Transaction Value (“GTV”); our compliance with laws, rules, regulations, and requirements that affect our business; effects
of various economic, financial, industry, and market conditions or policies, including inflation, the supply and demand for property,
equipment, or natural resources; the behavior of commercial assets and vehicle pricing; the relative percentage of GTV represented by
straight commission or underwritten (guarantee and inventory) contracts, and its impact on revenues and profitability; our future capital
expenditures and returns on those expenditures; the effect of any currency exchange and interest rate fluctuations on our results of
operations; the effect of any tariffs on our results of operations; the grant and satisfaction of equity awards pursuant to our compensation
plans; any future declaration and payment of dividends, including the tax treatment of any such dividends; financing available to us
from our credit facilities or other sources, our ability to refinance borrowings, and the sufficiency of our working capital to meet
our financial needs; our ability to satisfy our present operating requirements and fund future growth through existing working capital,
credit facilities and debt; misappropriation of data or cybersecurity incidents; and, failure to comply with privacy and data protection
laws. Other risks that could cause actual results to differ materially from those described in the forward-looking statements are included
in “Part I, Item 1A: Risk Factors”, and the section titled "Summary of Risk Factors", in our Annual Report
on Form 10-K for the year ended December 31, 2025, as such risk factors may be amended, supplemented or superseded from time
to time by other reports we file with the Securities and Exchange Commission, including subsequent Quarterly Reports on Form 10-Q
The forward-looking statements included in this release are made only as of the date hereof. While the list of factors presented here
is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties.
Many of these risk factors are outside of our control, and as such, they involve risks which are not currently known that could cause
actual results to differ materially from those discussed or implied herein. RB Global does not undertake any obligation to update any
forward-looking statements to reflect actual results, new information, future events, changes in its expectations or other circumstances
that exist after the date as of which the forward-looking statements were made, except as required by law.
RB Global Contacts
Analyst Inquiries:
Media Inquiries:
Sameer Rathod | RB Global, Inc.
VP, Investor Relations & Market Intelligence
(510) 381-7584
srathod@rbglobal.com
Clare Furman | RB Global, Inc.
Sr. Manager, Public Relations
(224) 275-4743
cfurman@rbglobal.com
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