DelistingMay 22, 2026, 05:07 PM
Atlantic American Receives Nasdaq Delisting Notice for Delayed Filings
AI Summary
Atlantic American Corporation announced it received a notice from Nasdaq on May 21, 2026, indicating non-compliance with Nasdaq Listing Rule 5250(c)(1). This is due to the company's failure to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2026, and its Annual Report on Form 10-K for the year ended December 31, 2025. The company has until June 16, 2026, to submit a plan to regain compliance, with a potential extension up to October 12, 2026. The notice currently has no immediate effect on the listing of its common stock.
Key Highlights
- Atlantic American received a Nasdaq notice on May 21, 2026, for non-compliance.
- The company is delinquent in filing its Quarterly Report on Form 10-Q for Q1 2026.
- The company is also delinquent in filing its Annual Report on Form 10-K for FY 2025.
- This violates Nasdaq Listing Rule 5250(c)(1) requiring timely financial report filings.
- Atlantic American has until June 16, 2026, to submit a plan to regain compliance.
- If accepted, Nasdaq may grant up to 180 calendar days (until October 12, 2026) to comply.
- The notice has no immediate effect on the listing of the company's common stock.
Price Impact
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