ATLANTA - Atlantic American Corporation (NASDAQ:AAME) received a Nasdaq non-compliance notice due to delayed financial filings. The company has not filed its Quarterly Report for Q1 2026 and remains delinquent on its Annual Report for 2025.
The notice cites Nasdaq Listing Rule 5250(c)(1) requiring timely SEC filings. It does not immediately affect stock trading. Shares trade at $2.23, down 21% year-to-date.
Atlantic American has until June 16, 2026, to submit a compliance plan. The company is working to file reports promptly. Despite delays, it remains profitable with a $44.5 million market cap and a price-to-book ratio of 0.41.
In other news, CFO J. Ross Franklin resigned effective May 27, 2026, with no disagreements. A successor search is underway.
