On March 14, 2023, IAA, Inc announced that it held a virtual special meeting of its stockholders to consider certain proposals related to the Agreement and Plan of Merger and Reorganization, dated as of November 7, 2022, as amended by that certain Amendment to the Agreement and Plan of Merger and Reorganization, dated as of January 22, by and among IAA, Ritchie Bros. Auctioneers Incorporated. In addition, the Company stated that its stockholders approved the Merger Proposal.