Item 7.01 Regulation FD Disclosure.
On March 6, 2023, IAA, Inc. (“IAA”) issued a press release announcing that proxy
advisory firms Glass, Lewis & Co. and Institutional Shareholder Services
recommend that IAA stockholders vote to adopt the merger agreement and thereby
approve the previously announced acquisition of IAA by Ritchie Bros. Auctioneers
Incorporated. A copy of the press release is attached as Exhibit 99.1 to this
Current Report on Form 8-K. The information under this Item 7.01, including the
press release attached hereto as Exhibit 99.1, is intended to be furnished and
shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to
the liabilities of that section, nor shall it be deemed incorporated by
reference in any filing under the Securities Act of 1933, as amended, or the
Exchange Act, except as expressly set forth by specific reference in such
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits Exhibit No. Description 99.1 Press Release, dated as of March 6, 2023 104 The cover page of this Current Report on Form 8-K, formatted in inline XBRL
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