NewLake Capital Partners Appoints New Auditor

TL;DR

NLCP swapped auditors from CohnReznick to BDO USA, LLP as of June 17, 2024.

AI Summary

NewLake Capital Partners, Inc. announced on June 17, 2024, that it has appointed BDO USA, LLP as its new independent registered public accounting firm. This change follows the dismissal of CohnReznick LLP, which had served as the company's auditor.

Why It Matters

A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors should monitor.

Risk Assessment

Risk Level: low — The filing solely concerns a change in the company's auditor, which is a routine administrative event.

Key Players & Entities

• NewLake Capital Partners, Inc. (company) — Registrant
• BDO USA, LLP (company) — New independent registered public accounting firm
• CohnReznick LLP (company) — Former independent registered public accounting firm
• June 17, 2024 (date) — Date of earliest event reported

FAQ

Filing Documents

• nlcp-20240617.htm (8-K) — 27KB
• bdo-nlcpchangeinaccountant.htm (EX-16.1) — 3KB
• nlcp-20240617_g1.jpg (GRAPHIC) — 206KB
• 0001628280-24-029298.txt ( ) — 640KB
• nlcp-20240617.xsd (EX-101.SCH) — 2KB
• nlcp-20240617_lab.xml (EX-101.LAB) — 20KB
• nlcp-20240617_pre.xml (EX-101.PRE) — 12KB
• nlcp-20240617_htm.xml (XML) — 3KB

01 - Change in Registrant's Certifying Accountant

Item 4.01 - Change in Registrant's Certifying Accountant. On June 17, 2024, the Audit Committee of the Board of Directors of NewLake Capital Partners, Inc. a Maryland corporation (the "Company") unanimously agreed to dismiss BDO USA, P.C. ("BDO") as the Company's independent registered public accounting firm. The Company notified BDO of their dismissal on June 18, 2024, and the termination was effective immediately. Currently, the Company is in the process of engaging a replacement independent registered public accounting firm. BDO's reports on the Company's consolidated financial statements as of and for each of the two most recent fiscal years (fiscal years ended December 31, 2023 and 2022) did not contain an adverse opinion or a disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles. During the Company's two most recent fiscal years (fiscal years ended December 31, 2023 and 2022) and the subsequent interim period through June 18, 2024, there were no (i) disagreements (within the meaning of Item 304(a)(1)(iv) of Regulation S-K and the related instructions thereto) with BDO on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure which, if not resolved to the satisfaction of BDO, would have caused BDO to make reference thereto in its reports covering the Company's consolidated financial statements for such periods and (ii) reportable events (as defined in Item 304(a)(1)(v) of Regulation S-K). The Company provided BDO with a copy of this Current Report on Form 8-K and requested that BDO furnish to the Company a letter addressed to the U.S. Securities and Exchange Commission (the "SEC") stating whether it agrees with the statements contained herein and, if not, stating the respects in which it does not agree. A copy of BDO's letter to the SEC, dated June 21, 2024, is filed as Exhibit 16.1 hereto.

01 - Financial Statements and Exhibits

Item 9.01 - Financial Statements and Exhibits Exhibit No. Description 16.1 Letter from BDO USA, P.C. to the Securities and Exchange Commission, dated June 21, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 21st day of June, 2024. NewLake Capital Partners, Inc. By: /s/ Lisa Meyer Name: Lisa Meyer Title: Chief Financial Officer, Treasurer and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR