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.