Recent Updates — AAME
On October 16, 2026, Nasdaq issued a Staff Delisting Determination against Atlantic American Corporation for failing to file its 2025 Form 10-K and Q1/Q2 2026 Forms 10-Q by the extended deadline of October 12. The company filed the annual report on October 16 but remains delinquent on quarterly filings. Atlantic American intends to appeal the decision by requesting a hearing before the Nasdaq Hearings Panel by October 23, which will automatically stay any trading suspension for 15 days while it seeks an extended stay pending the outcome of the appeal. The company operates as an insurance holding company involved in life, health, and property and casualty insurance.
Atlantic American Corporation entered into a Fourth Amendment on October 9, 2026, extending the deadline for its audited consolidated financial statements for the year ended December 31, 2025, to October 15, 2026, and interim statements for the first three quarters of 2026 to November 30, 2026. A subsequent Fifth Amendment on October 15, 2026, further extended the audited financials deadline to October 23, 2026, amended the minimum AM Best rating requirement for its subsidiary American Southern Insurance Company to 'A-', and waived related defaults under the Revolving Credit Agreement with Truist Bank. The company operates in the insurance industry.
On July 31, 2026, Atlantic American Corporation entered into a Third Amendment to its Revolving Credit Agreement with Truist Bank. The amendment extends the deadline for delivering audited consolidated financial statements for the year ended December 31, 2025, and interim statements for the quarters ended March 31, 2026, and June 30, 2026, to no later than October 12, 2026. This extension also covers related certificates of compliance with financial covenants under the Credit Agreement. The company operates in the insurance industry.
Atlantic American Corporation received a 180-day extension from Nasdaq to regain compliance with Listing Rule 5250(c)(1) regarding delinquent periodic financial reports. The company failed to file its Form 10-K for the fiscal year ended December 31, 2025, and its Form 10-Q for the quarter ended March 31, 2026. Nasdaq has granted until October 12, 2026, to submit the delinquent reports to avoid potential delisting of its common stock. Atlantic American Corporation is a holding company that operates in the insurance industry.