Runway Growth Finance Corp. (NASDAQ: RWAY) announced through an 8-K filing dated January 23, 2025, that its Board of Directors has dismissed RSM US LLP as the company’s independent registered public accounting firm. RSM US LLP has been serving in this role since the company’s inception.
During their tenure, RSM’s audit reports on Runway Growth Finance Corp.’s financial statements for the fiscal years ending December 31, 2022, and 2023, displayed no adverse opinion, disclaimer of opinion, or qualifications related to uncertainty, audit scope, or accounting principles. Moreover, there were no disagreements regarding accounting principles or practices, financial statement disclosures, or auditing scope or procedures up until January 23, 2025.
**Appointment of Deloitte & Touche LLP as New Independent Registered Public Accounting Firm**
Simultaneously, on January 23, 2025, following the Audit Committee’s recommendation, the Board of Directors approved the appointment of Deloitte & Touche LLP as the new independent registered accounting firm for Runway Growth Finance Corp. Deloitte will audit the company’s consolidated financial statements for the fiscal year ending December 31, 2024.
As of the appointment date, there have been no consultations between Runway Growth Finance Corp. or any representatives with Deloitte concerning application of accounting principles to specific transactions or audit opinions on financial statements. Similarly, there have been no “disagreements” or “reportable events” as outlined in Regulation S-K under the Exchange Act in the two most recent fiscal years leading up to the appointment.
Under the 8-K filing, the company also stated that under Item 9.01, Exhibit 16.1 includes the letter from the former auditing firm RSM US LLP dated January 28, 2025, along with the Cover Page Interactive Data File embedded in the Inline XBRL document.
This report is signed and duly authorized by Thomas B. Raterman, Chief Operating Officer, Chief Financial Officer, Treasurer, and Secretary of Runway Growth Finance Corp., dated January 28, 2025.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Runway Growth Finance’s 8K filing here.
About Runway Growth Finance
Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors.
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