Atlantic American Corporation received a Nasdaq compliance notice due to delayed financial report filings and is working on a compliance plan.
Quiver AI Summary
Atlantic American Corporation announced that it has received a notice from Nasdaq indicating that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to failure to file its Quarterly Report for the period ending June 30, 2026, as well as being delinquent in filings for its Annual Report for 2025 and a prior Quarterly Report from March 31, 2026. While this notice does not immediately affect the trading of its shares, the company must submit an updated compliance plan to Nasdaq by September 4, 2026. If accepted, an extension to regain compliance will be granted until October 12, 2026. Atlantic American is making efforts to file the necessary reports and address these compliance issues, and it operates through several insurance subsidiaries in the life, health, and property and casualty insurance sectors.
Potential Positives
- The Nasdaq notice does not have immediate effects on the listing or trading of the Company’s common stock, indicating that the stock remains stable for now.
- Nasdaq has granted the Company an extension until October 12, 2026, to regain compliance with its reporting requirements, offering a clear timeframe for corrective action.
- The Company is actively working on a compliance plan and is making progress toward filing the delinquent reports, reflecting a proactive approach to resolve the situation.
Potential Negatives
- The Company is currently non-compliant with Nasdaq Listing Rule 5250(c)(1) due to multiple delayed financial report filings, which reflects potential internal financial management issues.
- Failure to file the necessary reports could lead to further sanctions from Nasdaq, including potential delisting, which may damage investor confidence.
- The press release indicates that the Company has a limited timeframe to regain compliance, adding pressure that may affect operational focus and stakeholder relations.
FAQ
What recent notice did Atlantic American Corporation receive from Nasdaq?
Atlantic American Corporation received a notice from Nasdaq regarding non-compliance due to delinquent financial reports.
What financial reports is Atlantic American Corporation delinquent in filing?
The company is delinquent in filing its Annual Report on Form 10-K for 2025 and two Quarterly Reports on Form 10-Q.
What is the deadline for Atlantic American Corporation to file its updated compliance plan?
The updated compliance plan must be submitted to Nasdaq by September 4, 2026.
Will Nasdaq's notice affect Atlantic American Corporation's stock listing?
No, the Nasdaq notice does not have an immediate effect on the listing or trading of the company's common stock.
What is Atlantic American Corporation's core business focus?
The company is involved in specialty markets of life, health, and property and casualty insurance through its subsidiaries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AAME Revenue
$AAME had revenues of $53M in Q3 2025. This is an increase of 16.71% from the same period in the prior year.
You can track AAME financials on Quiver Quantitative's AAME stock page.
You can access data on AAME stock through the Quiver Quantitative API.
$AAME Hedge Fund Activity
We have seen 5 institutional investors add shares of $AAME stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FOCUS PARTNERS WEALTH added 18,335 shares (+inf%) to their portfolio in Q2 2026, for an estimated $30,619
- GEODE CAPITAL MANAGEMENT, LLC added 8,595 shares (+24.3%) to their portfolio in Q2 2026, for an estimated $14,353
- BRIDGEWAY CAPITAL MANAGEMENT, LLC removed 8,391 shares (-5.0%) from their portfolio in Q2 2026, for an estimated $14,012
- RENAISSANCE TECHNOLOGIES LLC added 4,900 shares (+10.4%) to their portfolio in Q2 2026, for an estimated $8,183
- INVESTORS ASSET MANAGEMENT OF GEORGIA INC /GA/ /ADV removed 1,000 shares (-5.6%) from their portfolio in Q2 2026, for an estimated $1,670
- NORTHERN TRUST CORP added 235 shares (+0.9%) to their portfolio in Q2 2026, for an estimated $392
- UBS GROUP AG removed 151 shares (-45.3%) from their portfolio in Q2 2026, for an estimated $252
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
ATLANTA, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq: AAME) announced today that on August 20, 2026, the Company received a 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 June 30, 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 and its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026 (collectively with the Form 10-Q, the “Delinquent Reports”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), 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.
As previously announced, following the Company’s submission of a compliance plan, Nasdaq granted the Company an extension until October 12, 2026 to regain compliance with the Rule. The Company has until September 4, 2026 to submit an updated plan to Nasdaq with respect to the Form 10-Q. If Nasdaq accepts the Company’s updated plan, any extension period granted by Nasdaq with respect to filing the Form 10-Q will also be limited to October 12, 2026. The Company continues to work diligently, and is making progress, toward filing the Delinquent Reports and regaining compliance with the Rule within such period.
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 Delinquent Reports 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:
Hilton H. Howell, Jr.
Chairman, President & CEO
Atlantic American Corporation
404-266-5505
