Silvergate Capital Corp: auditor change — Silvergate dismisses auditor Crowe; unable to file 2022 10-K amid investigations

Silvergate Capital Corp

Dismissed Crowe LLP as independent auditor on May 22, 2023, due to inability to file 2022 10-K and subsequent reports.
Regulatory inquiries, investigations, litigation, and wind-down of Silvergate Bank prevented completion of audit procedures.
No disagreements or reportable events between company and Crowe; Crowe's 2021 report was unqualified.
Company expects it cannot file any subsequent periodic reports under the Exchange Act.

item 4.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Silvergate Capital Corp dismissed Crowe LLP as its auditor.

Action: dismissal
Auditor: Crowe LLP

Exact text from the filing

the audit committee of the Company’s board of directors approved the dismissal of Crowe LLP (“ Crowe ”) as the Company’s independent registered public accounting firm

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Source: SEC EDGAR

accession 0000950157-23-000563

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