2026-03-20 20:59:55
Sezzle Inc. Dismisses Baker Tilly as Auditor, Engages PricewaterhouseCoopers
Expected Stock impact: Slightly Negative
On March 16, 2026, Sezzle Inc. announced the dismissal of Baker Tilly US, LLP as its independent registered public accounting firm. This decision was approved by the Audit Committee of the Board of Directors. Baker Tilly's audit reports for the fiscal years ending December 31, 2025, and 2024 did not contain any adverse opinions or disclaimers, but it was noted that the company did not maintain effective internal control over financial reporting due to material weaknesses. The Audit Committee discussed these issues with Baker Tilly, and the company has authorized Baker Tilly to respond to inquiries from its successor firm, PricewaterhouseCoopers LLP (PwC), which has been engaged for the fiscal year ending December 31, 2026. This transition in auditors may raise concerns among investors regarding the company's governance and financial oversight, potentially impacting investor confidence and stock performance in the short term.
