Atlantic American hit with Nasdaq notice on late filings

(Moderate)

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Atlantic American Corporation disclosed that Nasdaq has notified the company it is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not filed its Form 10-Q for the quarter ended March 31, 2026 and remains delinquent on its Form 10-K for the year ended December 31, 2025.

The company has until June 16, 2026 to submit a plan to regain compliance. If Nasdaq accepts the plan, it may allow up to 180 days from the Form 10-K’s original due date, or October 12, 2026, for the company to become current in its filings. The notice does not immediately affect the listing or trading of the company’s common stock on The Nasdaq Global Market, and the company states it is working diligently to complete the outstanding reports and, if necessary, will submit a compliance plan.

Positive

None.

Negative

The company is out of compliance with Nasdaq Listing Rule 5250(c)(1) due to missing its Form 10-K for the year ended December 31, 2025 and Form 10-Q for the quarter ended March 31, 2026, creating a formal listing deficiency that could lead to further Nasdaq actions if not remedied.

Insights

Nasdaq noncompliance notice raises listing-risk overhang until filings are cured.

Nasdaq informed Atlantic American Corporation that missing the Form 10-K for the year ended December 31, 2025 and the Form 10-Q for the quarter ended March 31, 2026 violates Listing Rule 5250(c)(1), which requires timely SEC filings. This is a formal deficiency, not yet a delisting.

The company has until June 16, 2026 to submit a compliance plan. If Nasdaq accepts it, the company could have up to 180 days from the Form 10-K due date, until October 12, 2026, to regain compliance. If Nasdaq rejects the plan, an appeal to a Nasdaq Hearings Panel is available.

The notice explicitly states there is no immediate effect on listing or trading on The Nasdaq Global Market. Actual impact will depend on the company’s ability to file the overdue Form 10-K and Form 10-Q and, if needed, obtain acceptance of its plan within the specified timelines.

8-K Event Classification

2 items: 3.01, 9.01

2 items

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Securities

The company received a delisting notice, failed to satisfy a continued-listing rule or standard, or transferred its listing.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Missing annual report: Form 10-K Missing quarterly report: Form 10-Q Plan submission deadline: June 16, 2026 +3 more

6 metrics

Missing annual report Form 10-K Year ended December 31, 2025

Missing quarterly report Form 10-Q Quarter ended March 31, 2026

Plan submission deadline June 16, 2026 Deadline to submit Nasdaq compliance plan

Potential extension period 180 calendar days From Form 10-K original due date

Latest compliance date if extended October 12, 2026 Possible last day to regain compliance

Listing rule cited Nasdaq Listing Rule 5250(c)(1) Requires timely filing of periodic reports

Key Terms

Nasdaq Listing Rule 5250(c)(1), Quarterly Report on Form 10-Q, Annual Report on Form 10-K, Nasdaq Hearings Panel, +2 more

6 terms

Nasdaq Listing Rule 5250(c)(1) regulatory

"the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1)"

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.

Quarterly Report on Form 10-Q financial

"had not yet filed its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026"

A quarterly report on Form 10-Q is a standardized financial filing public companies must submit to U.S. regulators every three months, summarizing recent financial results, cash flows, balance sheet changes, operations and material risks or legal developments. Investors treat it like a company report card that shows up-to-date facts rather than marketing copy, helping them track performance, spot trends, reassess risk and make buy or sell decisions.

Annual Report on Form 10-K financial

"remains delinquent in filing its Annual Report on Form 10-K for the year ended December 31, 2025"

An annual report on Form 10‑K is a required, comprehensive filing that publicly traded companies give to regulators and investors summarizing their business, results of operations, detailed financial statements reviewed by independent auditors, material risks, legal issues and management’s discussion of performance. Investors use it like a company’s year‑end report card and medical checkup: it reveals how the business made money, where it is vulnerable, and the facts needed to compare value, judge risk and make informed investment decisions.

Nasdaq Hearings Panel regulatory

"the Company will have the opportunity to appeal that decision 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

"this press release contains forward-looking statements, including statements regarding the Company’s expectations"

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.

insurance holding company financial

"Atlantic American Corporation is an insurance holding company involved through its subsidiary companies"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why did Atlantic American Corporation (AAME) receive a Nasdaq notice in May 2026?

Atlantic American Corporation received a Nasdaq notice because it had not filed its Form 10-Q for the quarter ended March 31, 2026 and remained delinquent on its Form 10-K for the year ended December 31, 2025, violating Nasdaq Listing Rule 5250(c)(1) on timely SEC filings.

What deadline has Nasdaq given Atlantic American (AAME) to address its filing delays?

Nasdaq has given Atlantic American until June 16, 2026 to submit a plan to regain compliance. If Nasdaq accepts this plan, the company may receive up to 180 days from the Form 10-K’s original due date, or October 12, 2026, to become current in its SEC filings.

Does the Nasdaq deficiency notice immediately affect AAME stock trading?

The Nasdaq notice has no immediate effect on the listing or trading of Atlantic American’s common stock on The Nasdaq Global Market. The company’s shares continue to trade while it works to file the delayed Form 10-K and Form 10-Q and potentially submit a compliance plan.

What steps does Atlantic American (AAME) plan to take to regain Nasdaq compliance?

Atlantic American states it is working diligently to file its overdue Form 10-K and Form 10-Q as promptly as practicable. If those filings are not made by June 16, 2026, the company intends to submit to Nasdaq a formal plan explaining how it will regain compliance.

How long could Atlantic American have to regain Nasdaq compliance if its plan is accepted?

If Nasdaq accepts Atlantic American’s compliance plan, Nasdaq may grant up to 180 calendar days from the Form 10-K’s original due date. This would extend the period to regain compliance with reporting requirements until October 12, 2026, assuming the plan is approved.

What business does Atlantic American Corporation (AAME) operate in?

Atlantic American Corporation is an insurance holding company active through subsidiaries in specialty life, health, and property and casualty markets. Its principal insurance units include American Southern Insurance Company, American Safety Insurance Company, Bankers Fidelity Life Insurance Company, Bankers Fidelity Assurance Company and Atlantic Capital Life Assurance Company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/22/2026 - 05:01 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported)

May 22, 2026 (May 21, 2026)

ATLANTIC AMERICAN CORPORATION

(Exact name of registrant as specified in its charter)

Georgia	0-3722	58-1027114
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

4370 Peachtree Road, N.E., Atlanta, Georgia		30319
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code

(404) 266-5500

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $1.00 per share		AAME		The Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 3.01.

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On May 21, 2026, Atlantic American Corporation (the “Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company had not yet filed its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026 (the “Form 10-Q”), and because the Company remains delinquent in filing its Annual Report on Form 10-K for the year ended December 31, 2025 (the “Form 10-K”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1). Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission.

The Notice states that the Company has until June 16, 2026 to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rules. If Nasdaq accepts the Company’s plan, then Nasdaq may grant the Company up to 180 calendar days from the prescribed due date for filing the Form 10-K (or October 12, 2026) to regain compliance. If Nasdaq does not accept the Company’s plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel.

The Notice has no immediate effect on the listing of the Company’s common stock on The Nasdaq Global Market. The Company continues to work diligently to file the Form 10-Q and the Form 10-K as promptly as practicable. If the Company is unable to file the Form 10-Q and the Form 10-K by June 16, 2026, the Company intends to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rules.

On May 22, 2026, the Company issued a press release announcing its receipt of the Notice. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.

Item 9.01.

Financial Statements and Exhibits.

(d)

Exhibits.

Exhibit Number		Description of Exhibit
99.1		Press release dated May 22, 2026.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

	ATLANTIC AMERICAN CORPORATION

	By:	/s/ J. Ross Franklin
		J. Ross Franklin
		Vice President, Chief Financial Officer and Secretary

Date: May 22, 2026

Exhibit 99.1

Atlantic American Corporation Receives Nasdaq Notice Regarding Delayed Form 10-Q Filing

ATLANTA, Georgia, May 22, 2026 - Atlantic American Corporation (Nasdaq: AAME) announced today that on May 21, 2026, the Company received a notice from The Nasdaq Stock Market LLC stating that because the Company had not yet filed its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026 (the “Form 10-Q”), and because the Company remains delinquent in filing its Annual Report on Form 10-K for the year ended December 31, 2025 (the “Form 10-K”), the Company is not 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 until June 16, 2026 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, or October 12, 2026, to regain compliance. The Company continues to work diligently to file the Form 10-Q and the Form 10-K as promptly as practicable. If the Company is unable to make such filings by June 16, 2026, 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-Q and 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	Hilton H. Howell, Jr.
Chief Financial Officer	Chairman, President & CEO
Atlantic American Corporation	Atlantic American Corporation
404-266-5580	404-266-5505

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents

Press Releases

EX-99.1 EXHIBIT 99.1 7.6 KB

Atlantic American hit with Nasdaq notice on late filings