Business Context and Reporting Period
Company: MVB Financial Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: June 1, 2022
Reporting Period: This filing reports a specific corporate event occurring on June 1, 2022, rather than a standard financial reporting period.
Key Financial Metrics
This Form 8-K does not contain financial performance data. The filing text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
Change in Certifying Accountant:
- Event: Dixon Hughes Goodman LLP ("DHG"), the Company's independent registered public accounting firm, merged with BKD, LLP ("BKD") on June 1, 2022.
- Result: The combined practice now operates as FORVIS, LLP ("FORVIS"), which became the Company's independent registered public accounting firm effective June 1, 2022.
- Prior Audit Status: Audit reports by DHG for the years ended December 31, 2021, and 2020 contained no adverse opinions, disclaimers, or qualifications.
- Disagreements: There were no disagreements between the Company and DHG regarding accounting principles, practices, financial statement disclosures, or auditing scope/procedures.
- Reportable Events: No reportable events occurred within the meaning of Item 304(a)(1)(v) of Regulation S-K.
Guidance, Outlook, and Risks
This filing does not contain management guidance, outlook, or specific risk factors beyond the standard disclosure of the accounting firm merger. The Company confirmed that FORVIS was provided with the disclosures and agreed with the statements made in Item 4.01, as evidenced by a letter dated June 6, 2022.
Investor Verification Checklist
- Verify the effective date of the transition from Dixon Hughes Goodman LLP to FORVIS, LLP (June 1, 2022).
- Confirm that no disagreements or reportable events existed with the prior auditor (DHG) for the 2020 and 2021 fiscal years.
- Review Exhibit 16.1 (Letter from FORVIS, LLP) to confirm the new auditor's concurrence with the Company's statements.
- Note that this filing does not impact the Company's financial results or provide updated financial metrics.