ATLANTIC AMERICAN CORP 8-K

What Happened
Atlantic American Corporation (AAME) reported that on May 21, 2026 it received a notice from The Nasdaq Stock Market LLC saying the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not filed its Quarterly Report on Form 10-Q for the period ended March 31, 2026 and remains delinquent in filing its Annual Report on Form 10-K for the year ended December 31, 2025. Nasdaq gave the company until June 16, 2026 to submit a plan to regain compliance. If Nasdaq accepts the plan, the company could receive up to 180 days from the prescribed due date to file the Form 10-K (which would extend the deadline to October 12, 2026). The notice does not have any immediate effect on the listing of AAME common stock on the Nasdaq Global Market. The company issued a press release about the notice on May 22, 2026 and says it is working to file the missing reports promptly.

Key Details

• Notice received from Nasdaq on May 21, 2026 for failure to file Form 10-Q (quarter ended March 31, 2026) and delinquent Form 10-K (year ended Dec 31, 2025).
• Nasdaq Listing Rule cited: 5250(c)(1) (timely SEC periodic filings).
• Deadline to submit a compliance plan to Nasdaq: June 16, 2026.
• If Nasdaq accepts a plan, company may have up to 180 days from the prescribed due date to file the Form 10-K (possible extended deadline: October 12, 2026).
• The company can appeal any Nasdaq decision to a Nasdaq Hearings Panel; the notice does not immediately delist the stock.

Why It Matters
A Nasdaq notice for late SEC filings starts a formal compliance process that can lead to suspension or delisting if not resolved. For investors, the immediate impact is that AAME’s shares remain listed for now, but ongoing delinquency could affect transparency, market confidence and liquidity if filings are not completed or an extension is not granted. Monitor the company’s filings and any further Nasdaq communications for updates on whether AAME files the Form 10-Q and Form 10-K or obtains an extension.