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 December 6, 2022, Unity Bank (“the Bank”), a subsidiary of Unity Bancorp, Inc. (the “Company”), dismissed CliftonLarsonAllen LLP (“CLA”) as the independent auditor of the Unity Bank Employees’ Savings and Profit Sharing Plan and Trust (“the Plan”). The decision to dismiss CLA was approved by the Audit Committee of the Board of Directors of the Company.
During the years ended December 31, 2021 and 2020 and through December 6, 2022, (i) there were no disagreements with CLA on any matters of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which if not resolved to the satisfaction of CLA would have caused CLA to make reference to the subject matter of the disagreement in their reports on the Plan’s financial statements for such years, and (ii) there were no “reportable events” as that term is defined in Item 304(a)(1)(v) of Regulation S-K.
The Plan has provided CLA a copy of the foregoing statements and requested a letter from CLA to the Securities and Exchange Commission stating whether CLA agrees with the above statements. A copy of that letter, dated December 6, is attached as Exhibit 16.1 to this Form 8-K.
(b) On December 6, 2022, the Plan appointed Caron & Bletzer, PLLC (“Caron & Bletzer”) as independent registered public accounting firm for the Plan’s fiscal year ended December 31, 2022. The appointment was approved by the Audit Committee of the Board of Directors of the Company. During the fiscal years ended December 31, 2021 and 2020, and the subsequent interim period prior to the engagement of Caron & Bletzer, the Plan, nor the company, as the Plan’s sponsor, nor anyone acting on behalf of the Plan or the Company, consulted with Caron & Bletzer regarding the application of principles to a specified transaction, either completed or proposed, or the type of audit opinion that would have been rendered on the Plan’s financial statements, or any other matters or events set forth in Item 304(a)(2)(i) and (ii) of Regulation S-K.
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: December 6, 2022 | ||
By: | /s/ Bridget Walsh | |
Bridget Walsh | ||
Plan Administrator First Vice President and Director of Human Resources |