Atlantic American Corporation Receives Nasdaq Notice Regarding Delayed Form 10-Q Filing
Portfolio Pulse from Benzinga Newsdesk
Atlantic American Corporation (NASDAQ:AAME) received a notice from Nasdaq for not filing its Form 10-Q for Q1 2023 and Form 10-K for 2022, resulting in non-compliance with Nasdaq Listing Rule 5250(c)(1). The company has until June 20, 2023, to submit a plan to regain compliance.
May 22, 2023 | 3:17 pm
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Atlantic American Corporation's delayed filings of Form 10-Q and 10-K result in non-compliance with Nasdaq Listing Rule 5250(c)(1), potentially affecting its stock price.
The delayed filings of Form 10-Q and 10-K put Atlantic American Corporation in non-compliance with Nasdaq Listing Rule 5250(c)(1). This situation may create uncertainty among investors and could negatively impact the company's stock price in the short term. The company has until June 20, 2023, to submit a plan to regain compliance, which may alleviate some concerns if accepted by Nasdaq.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100