RegulatoryMay 22, 2026, 04:42 PM
Atlantic American Receives Nasdaq Non-Compliance Notice for Unfiled Reports
AI Summary
Atlantic American Corporation announced it received a notice from Nasdaq on May 21, 2026, stating 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 Q1 2026 and its Annual Report on Form 10-K for 2025. The notice does not immediately affect the trading of its common stock, and the company has until June 16, 2026, to submit a plan to regain compliance, with a potential extension until October 12, 2026.
Key Highlights
- Atlantic American received a Nasdaq notice on May 21, 2026, for non-compliance with listing rules.
- The company failed to file its Q1 2026 Form 10-Q and 2025 Form 10-K.
- This non-compliance is with Nasdaq Listing Rule 5250(c)(1) regarding timely financial reports.
- The notice has no immediate effect on the listing or trading of the company's common stock.
- Atlantic American has until June 16, 2026, to submit a plan to regain compliance.
- If accepted, Nasdaq may grant up to 180 calendar days from the 10-K's original due date (October 12, 2026).
- The company is diligently working to file the delinquent reports as promptly as practicable.
Price Impact
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