Unity Bancorp Inc 8-K, filed Mar 17, 2023
Unity Bancorp Inc (UNTY)
About this 8-K
Unity Bancorp Inc filed this 8-K on March 17, 2023.
Items reported
- Item 4.01: Change of auditor
- Item 9.01: Financial statements and exhibits
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Item 4.01 | Change in Registrant’s Certifying Accountant |
(a) On March 15, 2023, RSM US LLP (“RSM”) was dismissed as the independent registered public accounting firm for Unity Bancorp, Inc. (the “Registrant”). The decision to dismiss RSM was approved by the Audit Committee of the Board of Directors of the Registrant. The dismissal will be effective upon the issuance of the Registrant’s HUD financial statements for the fiscal year ending December 31, 2022, and an amendment to this Current Report will be filed upon the effectiveness of such dismissal.
During the fiscal years ended December 31, 2022, 2021 and 2020, there were no: (1) disagreements with RSM on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to their satisfaction, would have caused them to make reference in connection with their opinion to the subject matter of the disagreement, or (2) reportable events under Item 304(a)(1)(v) of Regulation S-K.
The audit reports of RSM on the consolidated financial statements of the Registrant as of and for the fiscal years ended December 31, 2022, 2021 and 2020 did not contain an adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles.
A letter from RSM is attached as an Exhibit to this Report on Form 8-K.
(b) On March 15, 2023, the Registrant appointed Wolf & Company PC (“Wolf”) as the Registrant's new independent registered public accounting firm for the fiscal year ending December 31, 2023, subject to completion of Wolf’s standard client acceptance procedures and execution of an engagement letter. The appointment was approved by the Audit Committee of the Board of Directors of the Registrant. During the fiscal years ended December 31, 2022, 2021 and 2020, the Registrant did not consult with Wolf regarding any of the matters or events set forth in Item 304(a)(2)(i) and (ii) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit 16.1 | Letter from RSM LLP to the Securities and Exchange Commission dated March 17, 2023 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| UNITY BANCORP, INC. | |
| (Registrant) | |
| | |
Date: March 17, 2023 | | |
| By: | /s/ George Boyan |
| | George Boyan |
| | EVP and Chief Financial Officer |
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