Atlantic American gets Nasdaq filing extension
Rhea-AI Filing Summary
Atlantic American Corporation reports that Nasdaq has granted an extension until October 12, 2026 to regain compliance with Nasdaq Listing Rule 5250(c)(1) after delays in filing its Form 10-K for the year ended December 31, 2025 and Form 10-Q for the quarter ended March 31, 2026.
Nasdaq had notified the company of noncompliance on April 17 and May 21, 2026 and required a compliance plan by June 16, 2026, which the company submitted. Atlantic American states that it is working diligently to complete the delinquent reports. If compliance is not restored by the deadline, Nasdaq will move to delist the company’s common stock, though the company could appeal to a Nasdaq Hearings Panel.
Positive
- None.
Negative
- Atlantic American faces possible Nasdaq delisting if it does not regain compliance with Listing Rule 5250(c)(1) by October 12, 2026 by filing its delayed Form 10-K and Form 10-Q.
8-K Event Classification
Item 8.01 — Other Events
1 item
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Key Figures
Compliance extension deadline: October 12, 2026
Extension length: 180 days
Original Nasdaq notice dates: April 17, 2026 and May 21, 2026
+2 more
5 metrics
Compliance extension deadline
October 12, 2026
Date by which Atlantic American must regain compliance with Nasdaq Listing Rule 5250(c)(1)
Extension length
180 days
Length of compliance extension granted from the original due date of the Form 10-K
Original Nasdaq notice dates
April 17, 2026 and May 21, 2026
Dates Nasdaq notified Atlantic American of noncompliance with Listing Rule 5250(c)(1)
Compliance plan deadline
June 16, 2026
Deadline Nasdaq set for Atlantic American to submit a plan to regain compliance
Delinquent report periods
Year ended December 31, 2025; quarter ended March 31, 2026
Reporting periods for the delayed Form 10-K and Form 10-Q
Key Terms
Nasdaq Listing Rule 5250(c)(1), periodic financial reports, Nasdaq Hearings Panel, forward-looking statements
4 terms
Nasdaq Listing Rule 5250(c)(1) regulatory
"not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies"
Nasdaq Listing Rule 5250(c)(1) requires companies listed on the Nasdaq stock exchange to promptly notify the exchange if their stock price falls below a certain minimum level, known as the "initial listing standards." This rule helps ensure that investors are aware of significant declines in a company's stock value, which could signal financial trouble or increased risk. Essentially, it helps maintain transparency and protect investors by keeping them informed about important changes in a company's stock performance.
periodic financial reports regulatory
"requires listed companies to timely file all required periodic financial reports"
Regularly scheduled documents a company publishes that show its sales, profits, expenses, assets, liabilities and cash flow, often accompanied by plain-language commentary and footnotes. Investors use these reports like a recurring health check or report card to judge whether a business is growing, earning enough, managing debt and meeting expectations; they are a primary source for comparing performance over time and making investment decisions.
Nasdaq Hearings Panel regulatory
"the Company may appeal such determination to a Nasdaq Hearings Panel"
A Nasdaq hearings panel is a group of experts that reviews cases when a company's stock listing is at risk of being removed from the exchange. They evaluate whether the company has met certain standards and determine if it can keep trading on Nasdaq. This process matters to investors because it can affect a company's ability to raise money and maintain credibility in the market.
forward-looking statements regulatory
"contains forward-looking statements, including statements regarding the Company’s ability"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What Nasdaq rule is Atlantic American (AAME) currently not complying with?
Atlantic American is not complying with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the SEC to maintain their Nasdaq listing status.
Which SEC reports has Atlantic American (AAME) delayed filing?
Atlantic American has delayed filing its Form 10-K for the year ended December 31, 2025 and its Form 10-Q for the quarter ended March 31, 2026, together referred to as the Delinquent Reports.
What deadline has Nasdaq given Atlantic American (AAME) to regain compliance?
Nasdaq granted Atlantic American until October 12, 2026, an extension of 180 days from the original Form 10-K due date, to regain compliance with Listing Rule 5250(c)(1) by completing its delinquent SEC reports.
What happens if Atlantic American (AAME) misses the October 12, 2026 compliance deadline?
If Atlantic American does not regain compliance by October 12, 2026, Nasdaq will notify the company that its common stock will be delisted, although the company may appeal that decision to a Nasdaq Hearings Panel.
How has Atlantic American (AAME) responded to Nasdaq’s noncompliance notices?
After Nasdaq’s April 17 and May 21, 2026 notices, Atlantic American submitted a compliance plan by the June 16, 2026 deadline and states it is working diligently to file the delinquent Form 10-K and Form 10-Q as promptly as practicable.
Can Atlantic American (AAME) appeal if its stock is delisted from Nasdaq?
Yes. If Nasdaq moves to delist Atlantic American’s common stock for failing to regain compliance, the company may appeal that determination to a Nasdaq Hearings Panel under Nasdaq’s procedures.
AI-generated analysis. How Rhea-AI works. Not financial advice.
