Atlantic American Corporation Receives Nasdaq Notice Regarding Delayed Form 10-K Filing
Rhea-AI Summary
Atlantic American Corporation (Nasdaq: AAME) received a Nasdaq notice on April 17, 2026 for late filing of its Form 10-K for year ended December 31, 2025, placing the company out of compliance with Nasdaq Listing Rule 5250(c)(1).
The notice does not affect current listing or trading. The company has 60 calendar days to submit a plan to regain compliance and may be granted up to 180 days if Nasdaq accepts the plan. The company said it is working to file the Form 10-K as promptly as practicable.
Positive
- Nasdaq notice does not affect current listing or trading
- Company has an initial 60-calendar-day cure period to submit compliance plan
- Potential extension up to 180 calendar days if Nasdaq accepts the plan
- Company states it is working to file the Form 10-K promptly
Negative
- Out of compliance with Nasdaq Listing Rule 5250(c)(1) after missing Form 10-K filing
- Risk of further Nasdaq action if company fails to file or secure plan acceptance
News Market Reaction – AAME
In the Apr 22 session, AAME gained 1.42%, reflecting a mild positive market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Nov 14 | Q3 2025 earnings | Positive | -3.3% | Improved profitability and premium growth versus prior-year losses. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent strong earnings were followed by a negative price reaction, hinting at a tendency for the stock to sell off on good news.
In the last six months, AAME reported improved results, including Q3 2025 net income of $0.6M for the quarter and $4.7M for the first nine months, reversing prior-year losses. Despite this positive earnings backdrop, the stock fell about 3.3% after that release on Nov 14, 2025. Today’s Nasdaq non-compliance notice contrasts with those earlier operational gains, marking a shift from performance-focused news to filing and compliance risks.
Key Terms
form 10-k regulatory
nasdaq listing rule 5250(c)(1) regulatory
securities and exchange commission regulatory
nasdaq global market regulatory
private securities litigation reform act regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATLANTA, Georgia, April 21, 2026 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq: AAME) announced today that on April 17, 2026, the Company received a notice from The Nasdaq Stock Market LLC stating that because the Company had not yet filed its Annual Report on Form 10-K for the year ended December 31, 2025 (the “Form 10-K”), the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission. The Nasdaq notice has no immediate effect on the listing or trading of the Company’s common stock on The Nasdaq Global Market. The Company has 60 calendar days from the date of the notice to submit to Nasdaq a plan to regain compliance. If Nasdaq accepts the Company’s plan, then Nasdaq may grant the Company up to 180 calendar days from the Form 10-K’s original due date to regain compliance. The Company continues to work diligently to file the Form 10-K as promptly as practicable. If the Company is unable to file the Form 10-K within 60 calendar days from the date of the notice, the Company intends to submit to Nasdaq a plan to regain compliance.
Atlantic American Corporation is an insurance holding company involved through its subsidiary companies in specialty markets of the life, health, and property and casualty insurance industries. Its principal insurance subsidiaries are American Southern Insurance Company, American Safety Insurance Company, Bankers Fidelity Life Insurance Company, Bankers Fidelity Assurance Company and Atlantic Capital Life Assurance Company.
Note regarding Private Securities Litigation Reform Act: Except for historical information contained herein, this press release contains forward-looking statements, including statements regarding the Company’s expectations as to the timing of the filing of the Form 10-K and the Company’s ability to submit a compliance plan to Nasdaq. These forward-looking statements involve a number of risks and uncertainties and actual results could differ materially from those indicated by such forward-looking statements due to a number of factors, including the results of the Company’s financial reporting procedures and those factors discussed in reports that Atlantic American Corporation files from time to time with the Securities and Exchange Commission. In addition, forward-looking statements reflect the Company’s expectations as of the date hereof. The Company undertakes no obligation to update or revise any forward-looking statements contained herein, except as may be required by law. Accordingly, undue reliance should not be placed upon these forward-looking statements.
| For further information contact: J. Ross Franklin Chief Financial Officer Atlantic American Corporation 404-266-5580 | Hilton H. Howell, Jr. Chairman, President & CEO Atlantic American Corporation 404-266-5505 |
