Atlantic American shares soar 20% after Nasdaq compliance notice

Atlantic American Corporation shares jumped 20% to $1.56 after Wednesday’s close, after gaining 0.78% in regular trading to finish at $1.30, according to Benzinga Pro data. The Georgia-based insurance holding company disclosed a Nasdaq notice citing non-compliance with a listing rule requiring timely periodic filings with the Securities and Exchange Commission (SEC), including its quarterly report for the period ended June 30. The company is also behind on its fiscal 2025 annual report for the year ended Dec. 31, 2025, and its first-quarter report for the period ended March 31. Nasdaq previously granted Atlantic American until Oct. 12 to regain compliance after it submitted a compliance plan, while an updated plan addressing the quarterly report is due by Sept. 4. The company said the notice has no immediate effect on its Nasdaq Global Market listing or trading status. Atlantic American has a market capitalization of $26.52 million, a 52-week high of $3.71, a 52-week low of $1.25 and a Relative Strength Index (RSI), a momentum indicator, of 29.19. The stock has dropped 62.10% over the past 12 months and is trading close to its annual low.

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