EX-FILING FEES 5 brhc10038305_ex107.htm EXHIBIT 107

Exhibit 107

Calculation of Filing Fee Table

Form S-8
(Form Type)

ATLANTIC AMERICAN CORPORATION
(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities

Security Type
Security Class Title
Fee Calculation Rule
Amount Registered
(1)
Proposed Maximum Offering
Price Per Share
Maximum Aggregate Offering Price
Fee Rate
Amount of Registration Fee
Equity
Common stock, par value $1.00 per share
Other (2)
3,000,000 (3)
$2.75 (2)
$8,250,000 (2)
$0.0000927
$764.78
Total Offering Amounts
 
$8,250,000
 
$764.78
Total Fee Offsets
     
Net Fee Due
     
$764.78

(1)
Pursuant to Rule 416(a) under the Securities Act of 1933 (the “Securities Act”), this Registration Statement shall also cover any additional shares of the Registrant’s common stock that become issuable under the Atlantic American Corporation 2022 Equity and Incentive Compensation Plan (the “Plan”), by reason of any stock dividend, stock split, recapitalization or any other similar transaction effected that results in an increase to the number of outstanding shares of the Registrant’s common stock.

(2)
Estimated in accordance with Rule 457(c) and Rule 457(h) under the Securities Act, solely for the purpose of calculating the filing fee, based on the average of the ($2.81) high and ($2.68) low sales prices of the Registrant’s common stock as reported on The Nasdaq Global Market on May 25, 2022, which date is within five business days prior to the date of filing of this Registration Statement.

(3)
Represents 3,000,000 shares of the Registrant’s common stock issuable pursuant to the Plan.