Form 8-K/A - Current report: [Amend]
09 Mai 2024 - 10:30PM
Edgar (US Regulatory)
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0001413837
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2023-11-17
2023-11-17
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 17, 2023
FIRST FOUNDATION INC.
(Exact name of registrant as specified in its charter)
Delaware |
|
001-36461 |
|
20-8639702 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification Number) |
200 Crescent Court, Suite 1400 |
|
|
Dallas, Texas |
|
75201 |
(Address of Principal Executive Offices) |
|
(Zip Code) |
(469) 638-9636
(Registrant’s Telephone Number, Including Area Code)
N/A
(Former name or former address, if changed since
last report.)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
Common Stock |
|
FFWM |
|
New York Stock Exchange |
Indicate by check mark whether the registrant is an
emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
¨
If an emerging growth
company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Explanatory Note
This Current Report on Form 8-K/A amends the Current Report on Form
8-K filed with the Securities and Exchange Commission (the “SEC”) on November 22, 2023 (the “Initial Form 8-K”)
by First Foundation Inc. (the “Company”) concerning the decision of Eide Bailly LLP (“Eide Bailly”) to exit the
financial institution portion of its SEC audit practice and therefore not stand for reappointment as the Company’s independent registered
public accounting firm for the year ending December 31, 2024.
Item 4.01 | Changes in Registrant’s Certifying Accountant. |
As previously reported in the Initial Form
8-K, the Company continued to engage Eide Bailly for the audit of the Company’s financial statements for the year ending December
31, 2023, and for the review of the Company’s interim financial statements for the quarter ending March 31, 2024. On May 9, 2024,
Eide Bailly completed its review of the Company’s interim financial statements for the quarter ending March 31, 2024, and the Company’s
engagement of Eide Bailly as its independent registered public accounting firm terminated as of that date.
Eide Bailly’s reports on the Company’s
consolidated financial statements as of and for the fiscal years ended December 31, 2023 and 2022 did not contain any adverse opinion
or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles.
During the years ended December 31, 2023 and
2022, and in the subsequent interim period through May 9, 2024, the effective date of Eide Bailly’s dismissal, (i) there were no
disagreements with Eide Bailly (within the meaning of Item 304(a)(1)(iv) of Regulation S-K) on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure that if not resolved to Eide Bailly’s satisfaction, would
have caused Eide Bailly to make reference thereto in its reports; and (ii) there were no “reportable events” (as defined by
Item 304(a)(1)(v) of Regulation S-K).
The Company provided Eide Bailly with a copy
of the foregoing disclosures and requested that Eide Bailly provide a letter addressed to the SEC stating whether it agrees with such
disclosures. A copy of Eide Bailly’s letter dated May 9, 2024 is filed as Exhibit 16.1 to this Current Report on Form 8-K/A.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
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.
|
FIRST FOUNDATION INC. |
|
|
Date: May 9, 2024 |
By: |
/s/ SCOTT F. KAVANAUGH |
|
|
Scott F. Kavanaugh |
|
|
President and Chief Executive Officer |
EXHIBIT 16.1
May 9, 2024
Securities and Exchange Commission
100 F Street NE
Washington, DC 20549
Commissioners:
On November 17, 2023, we provided notice to First Foundation, Inc.
(the Company) of our decision to not stand for reelection as the Company’s independent registered public accounting firm.
We have read the statements made by First Foundation Inc., which we
understand will be filed with the Securities and Exchange Commission, pursuant to Item 4.01 of Form 8-K/A, dated May 9, 2024, and are
in agreement with the disclosures in the referenced Form 8-K/A, insofar as they pertain to our firm. We have not been requested nor are
we providing any representations related to the other disclosures included in this Form 8-K/A.
Sincerely,
/s/ Eide Bailly LLP
Eide Bailly LLP
www.eidebailly.com
800 Nicollet Mall, Ste. 1300 | Minneapolis, MN
55402-7033 | T 612.253.6500 | F 612.253.6600 | EOE
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