-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BSzXQYf4jgIXjsPqHG74EUaxZrmQx/5wNJ4mePGdRsNTgZc8h0jyWIWgj9+/kXi3 gvkx1PUjv4COpW4Gub1fXg== 0000008177-10-000024.txt : 20100817 0000008177-10-000024.hdr.sgml : 20100817 20100817155308 ACCESSION NUMBER: 0000008177-10-000024 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100817 ITEM INFORMATION: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing FILED AS OF DATE: 20100817 DATE AS OF CHANGE: 20100817 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ATLANTIC AMERICAN CORP CENTRAL INDEX KEY: 0000008177 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 581027114 STATE OF INCORPORATION: GA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-03722 FILM NUMBER: 101023175 BUSINESS ADDRESS: STREET 1: 4370 PEACHTREE RD NE CITY: ATLANTA STATE: GA ZIP: 30319 BUSINESS PHONE: 4042665500 MAIL ADDRESS: STREET 1: 4370 PEACHTREE ROAD CITY: ATLANTA STATE: GA ZIP: 30319 8-K 1 form_8knasdaqletter2010.htm CURRENT REPORT Form 8-K Press Nasdaq Letter 2010


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): 
  August 17, 2010 (August 12, 2010)

ATLANTIC AMERICAN CORPORATION
(Exact name of registrant as specified in its charter)

Georgia
0-3722
58-1027114
(State or other jurisdiction
of incorporation)
(Commission File Number)
 
(I.R.S. Employer
Identification No.)
 
4370 Peachtree Rd., N.E., Atlanta, Georgia
30319
(Address of principal executive offices) (Zip Code)
 
Registrant's telephone number, including area code
 
  (404) 266-5500
 
N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 3.01.   Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

        On August 12, 2010, Atlantic American Corporation (the “Company”) received a letter from The Nasdaq Stock Market (“Nasdaq”), indicating that, as a result of the previously disclosed retirement from the Board of Directors of the Company of D. Raymond Riddle, age 76, the Company was not in compliance with certain of the audit committee requirements as set out in Nasdaq Listing Rule 5605 (the “Audit Committee Listing Rule”).

        In accordance with the terms of the Audit Committee Listing Rule, the Company is entitled to a grace period, which will expire on the earlier of the Company’s next annual shareholders’ meeting or July 27, 2011 (the “Grace Period”), to return to compliance with the Audit Committee Listing Rule. The Company is currently engaged in the process of diligently evaluating and considering potential members for its Board of Directors. The Company expects that it will be in compliance with this Rule prior to the expiration of the Grace Period.


SIGNATURES

           Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  ATLANTIC AMERICAN CORPORATION
 
     By:      /s/ John G. Sample, Jr.
        John G. Sample, Jr.
      Senior Vice President and Chief Financial Officer

                          Date:    August 17, 2010




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