other material
confidence high
sentiment neutral
materiality 0.35
Catalyst Bancorp appoints HORNE LLP as auditor for FY2025; CHL remains for FY2024
Catalyst Bancorp, Inc.
- HORNE LLP appointed as independent auditor for fiscal year ending Dec 31, 2025, pending standard client acceptance.
- No disagreements or reportable events between company and CHL during FY2022-FY2023 and interim through Nov 20, 2024.
- CHL's reports on FY2022 and FY2023 financial statements were unqualified with no adverse opinions.
- No pre-engagement consultations with HORNE on accounting principles or disagreements occurred.
- Auditor change follows a competitive process approved by the Board and Audit Committee on Nov 20, 2024.