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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 17, 2023

 

Ritchie Bros. Auctioneers Incorporated

(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)

 

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 5.03Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

At the annual and special meeting of shareholders of Ritchie Bros. Auctioneers Incorporated (the “Company”) on May 8, 2023, the Company’s shareholders approved a special resolution authorizing the Company to amend its articles to change its corporate name from “Ritchie Bros. Auctioneers Incorporated” to “RB Global, Inc.” or such other name as is acceptable to the Company and applicable regulatory authorities.

 

On May 17, 2023, the Company filed an amendment to its Articles of Amalgamation (the “Articles of Amendment”) to change the Company’s name from “Ritchie Bros. Auctioneers Incorporated” to “RB Global, Inc.” effective May 23, 2023 at 12:01 a.m. Pacific Daylight Time (the “Name Change”).

 

This summary of the Articles of Amendment is qualified in its entirety by reference to the full text of the Articles of Amendment, which are filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated into this description by reference.

 

Item 7.01Regulation FD Disclosure.

 

In connection with the Name Change, the CUSIP number of the Company’s common shares will be changed to 74935Q107. Trading of the Company’s common shares on the Toronto Stock Exchange and New York Stock Exchange will continue under the existing ticker symbol “RBA” and is expected to begin trading under the new name and new CUSIP on May 23, 2023.

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit    
Number   Description
3.1   Articles of Amendment.
104   Cover Page Interactive Data File.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    Ritchie Bros. Auctioneers Incorporated
     
Date: May 18, 2023 By: /s/ Ryan Welsh
    Ryan Welsh
    Vice President Legal & Corporate Secretary

 

 
Exhibit 3.1

GRAPHIC

Certificate of Amendment Certificat de modification Canada Business Corporations Act Loi canadienne sur les sociétés par actions RB Global, Inc. Corporate name / Dénomination sociale 344401-5 Corporation number / Numéro de société I HEREBY CERTIFY that the articles of the above-named corporation are amended under section 178 of the Canada Business Corporations Act as set out in the attached articles of amendment. JE CERTIFIE que les statuts de la société susmentionnée sont modifiés aux termes de l'article 178 de la Loi canadienne sur les sociétés par actions, tel qu'il est indiqué dans les clauses modificatrices ci-jointes. Hantz Prosper Director / Directeur 2023-05-23 Date of amendment (YYYY-MM-DD) Date de modification (AAAA-MM-JJ)

GRAPHIC

Form 4 Formulaire 4 Articles of Amendment Clauses modificatrices Canada Business Corporations Act (CBCA) (s. 27 or 177) Loi canadienne sur les sociétés par actions (LCSA) (art. 27 ou 177) 1 Corporate name Dénomination sociale RITCHIE BROS. AUCTIONEERS INCORPORATED 2 Corporation number Numéro de la société 344401-5 3 The articles are amended as follows Les statuts sont modifiés de la façon suivante The corporation changes its name to: La dénomination sociale est modifiée pour : RB Global, Inc. 4 Declaration: I certify that I am a director or an officer of the corporation. Déclaration : J’atteste que je suis un administrateur ou un dirigeant de la société. Original signed by / Original signé par Darren Watt Darren Watt 7783315500 Misrepresentation constitutes an offence and, on summary conviction, a person is liable to a fine not exceeding $5000 or to imprisonment for a term not exceeding six months or both (subsection 250 (1) of the CBCA). Faire une fausse déclaration constitue une infraction et son auteur, sur déclaration de culpabilité par procédure sommaire, est passible d’une amende maximale de 5 000 $ et d’un emprisonnement maximal de six mois, ou l’une de ces peines (paragraphe 250(1) de la LCSA). You are providing information required by the CBCA. Note that both the CBCA and the Privacy Act allow this information to be disclosed to the public. It will be stored in personal information bank number IC/PPU-049. Vous fournissez des renseignements exigés par la LCSA. Il est à noter que la LCSA et la Loi sur les renseignements personnels permettent que de tels renseignements soient divulgués au public. Ils seront stockés dans la banque de renseignements personnels numéro IC/PPU-049. IC 3069 (2008/04)