Coastal Financial Corp. Announces Change in Auditors Following Merger, No Accounting Disagreements Reported
Coastal Financial Corporation has announced a change in its certifying accountants following the merger of its independent registered public accounting firm, Moss Adams LLP, with Baker Tilly US, LLP. Effective June 3, 2025, Moss Adams resigned, and Baker Tilly has been appointed as the new independent registered public accounting firm. During the past two years and the interim period leading up to the change, there were no disagreements or reportable events with Moss Adams regarding accounting principles or practices. Notably, Moss Adams' audit report on Coastal Financial's internal control over financial reporting as of December 31, 2024, contained an adverse opinion. However, their audit reports on the company's financial statements for the years ending December 31, 2024, and 2023, were unqualified.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Coastal Financial Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437958-25-000130), on June 04, 2025, and is solely responsible for the information contained therein.
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