{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-05T06:43:27.961831+00:00","company":{"ticker":"AAME","cik":8177,"company_name":"ATLANTIC AMERICAN CORP"},"pagination":{"limit":100,"returned":10,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"material_agreement","fact_key":"adcd0992e889cd8c461a2223d0af1e1ff49cbb4c","cik":8177,"ticker":"AAME","company_name":"ATLANTIC AMERICAN CORP","filed_at":"2026-06-02T20:32:57+00:00","payload":{"action":"amendment","agreement_name":"Credit Agreement","agreement_type":"credit_facility","counterparty":"Truist Bank","effective_date":"2026-05-27","item_codes_triggered":["1.01"],"value_text":null},"claim":"ATLANTIC AMERICAN CORP amended Credit Agreement with Truist Bank (effective 2026-05-27).","evidence_excerpt":"On May 27, 2026, Atlantic American Corporation (the “Company”) entered into a Second Amendment (the “Amendment”) to its Revolving Credit Agreement dated as of May 12, 2021 (as amended, the “Credit Agreement”) with Truist Bank as the lender (the “Lender”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001140361-26-023724","anchor_url":"https://secwatch.observer/filing/0001140361-26-023724#claim-adcd0992e889cd8c461a2223d0af1e1ff49cbb4c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/8177/000114036126023724/0001140361-26-023724-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"f3372247cdfd9dee0d68b040a0beac1088d213ad","cik":8177,"ticker":"AAME","company_name":"ATLANTIC AMERICAN CORP","filed_at":"2026-05-22T21:01:50+00:00","payload":{"company_response":null,"compliance_status":"plan_due","cure_deadline":null,"deficiency_type":"late_filing","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2026-05-21","notice_type":"deficiency_notice","plan_due_date":null,"raw_rule_text":null,"reported_value":null,"rule_numbers":["5250(c)(1)"],"rules_cited_in_text":true},"claim":"ATLANTIC AMERICAN CORP received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).","evidence_excerpt":"May 21, 2026, Atlantic American Corporation (the “Company”) received a notice (the “Notice”) from The Nasdaq Stock\n Market LLC (“Nasdaq”) stating that because the Company had not yet filed its Quarterly Report on Form 10","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001140361-26-022626","anchor_url":"https://secwatch.observer/filing/0001140361-26-022626#claim-f3372247cdfd9dee0d68b040a0beac1088d213ad","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/8177/000114036126022626/0001140361-26-022626-index.htm"},{"fact_type":"executive_change","fact_key":"9fbd423750","cik":8177,"ticker":"AAME","company_name":"ATLANTIC AMERICAN CORP","filed_at":"2026-05-05T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2026-05-27","interim":false,"role":"Vice President, Chief Financial Officer and Secretary","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"J. Ross Franklin resigned as Vice President, Chief Financial Officer and Secretary at ATLANTIC AMERICAN CORP.","evidence_excerpt":"On April 29, 2026, J. Ross Franklin notified Atlantic American Corporation (the “Company”) of his decision to resign as Vice President, Chief Financial Officer and Secretary of the Company, effective May 27, 2026.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001140361-26-019108","anchor_url":"https://secwatch.observer/filing/0001140361-26-019108#claim-9fbd423750","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/8177/000114036126019108/0001140361-26-019108-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"a088db40d1f21814b837587aea634cfa7b4c5fc1","cik":8177,"ticker":"AAME","company_name":"ATLANTIC AMERICAN CORP","filed_at":"2026-04-21T23:59:59+00:00","payload":{"company_response":"The Company continues to work diligently to file the Form 10-K as promptly as practicable.","compliance_status":"plan_due","cure_deadline":"2026-06-16","deficiency_type":"late_filing","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":false,"minimum_requirement":null,"notice_date":"2026-04-17","notice_type":"deficiency_notice","plan_due_date":"2026-06-16","raw_rule_text":"Nasdaq Listing Rule 5250(c)(1)","reported_value":null,"rule_numbers":["5250(c)(1)"],"rules_cited_in_text":true},"claim":"ATLANTIC AMERICAN CORP received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).","evidence_excerpt":"April 17, 2026, Atlantic American Corporation (the “Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”)\n stating that because the Company had not yet filed its Annual Report on Form 10-K for the year ended December 31, 2025 (the “Form 10-K”), the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1). Nasdaq Listing Rule 5250(c)(1)\n requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission. The Notice states that the Company has 60 calendar days from the date of the notice to s","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001140361-26-015929","anchor_url":"https://secwatch.observer/filing/0001140361-26-015929#claim-a088db40d1f21814b837587aea634cfa7b4c5fc1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/8177/000114036126015929/0001140361-26-015929-index.htm"},{"fact_type":"earnings_release","fact_key":"d7d43514ce853c20c1f8ecc54c130624d21c6fbd","cik":8177,"ticker":"AAME","company_name":"ATLANTIC AMERICAN CORP","filed_at":"2024-05-14T23:59:59+00:00","payload":{"eps_text":"($0.10) per common share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"net loss of $2.0 million, or ($0.10) per common share","period_text":"first quarter ended March 31, 2024","report_date":"2024-05-14","result_type":"reported_results","revenue_text":"$44.6 million"},"claim":"ATLANTIC AMERICAN CORP reported first quarter ended March 31, 2024 results: revenue $44.6 million, net income net loss of $2.0 million, or ($0.10) per common share, EPS ($0.10) per common share.","evidence_excerpt":"coupled with unfavorable loss experience in the life and health operations.  Premium revenue for the three month period ended March 31, 2024 decreased $1.5 million, or 3.4%, to $44.6 million from $46.1 million in the three month period\n ended March 31, 2023. The Company reported operating loss (as defined below) of $2.4 million in the three month period ended March","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001140361-24-025851","anchor_url":"https://secwatch.observer/filing/0001140361-24-025851#claim-d7d43514ce853c20c1f8ecc54c130624d21c6fbd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/8177/000114036124025851/0001140361-24-025851-index.htm"},{"fact_type":"shareholder_vote","fact_key":"99cae9273b38ce5f10059c6f590f5bc82edf9f11","cik":8177,"ticker":"AAME","company_name":"ATLANTIC AMERICAN CORP","filed_at":"2024-05-08T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-06","outcome":"passed","proposal_text":"Ratification of the appointment of FORVIS, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024","proposal_type":"auditor_ratification","votes_abstain_text":"368,640","votes_against_text":"220,298","votes_for_text":"18,114,443"},"claim":"ATLANTIC AMERICAN CORP shareholders approved Ratification of the appointment of FORVIS, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 at the 2024-05-06 meeting.","evidence_excerpt":"(b) A vote regarding the ratification of the appointment of FORVIS, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024: Shares Voted For Against Abstain 18,114,443 220,298 368,640","confidence":0.98,"filing_url":"https://secwatch.observer/filing/0001140361-24-024806","anchor_url":"https://secwatch.observer/filing/0001140361-24-024806#claim-99cae9273b38ce5f10059c6f590f5bc82edf9f11","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/8177/000114036124024806/0001140361-24-024806-index.htm"},{"fact_type":"shareholder_vote","fact_key":"f6fa92982ac131e1428fb34e18404f40fef92bd4","cik":8177,"ticker":"AAME","company_name":"ATLANTIC AMERICAN CORP","filed_at":"2024-05-08T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-06","outcome":"passed","proposal_text":"Election of six directors","proposal_type":"director_election","votes_abstain_text":"See individual nominees","votes_against_text":"See individual nominees","votes_for_text":"See individual nominees"},"claim":"ATLANTIC AMERICAN CORP shareholders approved Election of six directors at the 2024-05-06 meeting.","evidence_excerpt":"(a) A vote regarding the election of six (6) directors of the Company to serve until the next annual meeting of shareholders and until their respective successors are duly elected and qualified: Shares Voted For Withhold Broker Non-Vote (1) Hilton H. Howell, Jr. 16,231,535 1,300,378 1,171,468 (2) Robin R. Howell 16,206,410 1,325,503 1,171,468 (3) Mark E. Preisinger 16,645,726 886,187 1,171,468 (4) Joseph M. Scheerer 16,617,659 914,254 1,171,468 (5) Scott G. Thompson 16,228,922 1,302,991 1,171,468 (6) D. Keehln Wheeler 16,644,271 887,642 1,171,468","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001140361-24-024806","anchor_url":"https://secwatch.observer/filing/0001140361-24-024806#claim-f6fa92982ac131e1428fb34e18404f40fef92bd4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/8177/000114036124024806/0001140361-24-024806-index.htm"},{"fact_type":"debt_financing","fact_key":"720ba5ae37140362c7a2b6a326efd81d856f2d8d","cik":8177,"ticker":"AAME","company_name":"ATLANTIC AMERICAN CORP","filed_at":"2024-04-01T23:59:59+00:00","payload":{"counterparty":"Truist Bank","effective_date":"2024-03-22","event":"amendment","instrument_type":"revolving_credit","interest_rate_text":"Adjusted Term SOFR rate plus 2.00%","item_codes_triggered":["2.03"],"maturity_text":"March 22, 2027","principal_text":null},"claim":"ATLANTIC AMERICAN CORP amended revolving credit with Truist Bank at Adjusted Term SOFR rate plus 2.00% maturing March 22, 2027.","evidence_excerpt":"On March 22, 2024, Atlantic American Corporation (the “Company”) entered into a First Amendment (the “Amendment”) to its Revolving Credit Agreement (as amended, the “Credit Agreement”) with Truist Bank as the lender (the “Lender”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001140361-24-016920","anchor_url":"https://secwatch.observer/filing/0001140361-24-016920#claim-720ba5ae37140362c7a2b6a326efd81d856f2d8d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/8177/000114036124016920/0001140361-24-016920-index.htm"},{"fact_type":"earnings_release","fact_key":"663bca1388066b64677c42c4392455b800a1d841","cik":8177,"ticker":"AAME","company_name":"ATLANTIC AMERICAN CORP","filed_at":"2024-04-01T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"net loss of $2.2 million, or ($0.11) per diluted share (Q4 2023); net loss of $0.2 million, or ($0.03) per diluted share","period_text":"fourth quarter and year ended December 31, 2023","report_date":"2024-04-01","result_type":"reported_results","revenue_text":null},"claim":"ATLANTIC AMERICAN CORP reported fourth quarter and year ended December 31, 2023 results: net income net loss of $2.2 million, or ($0.11) per diluted share (Q4 2023); net loss of $0.2 million, or ($0.03) per diluted share.","evidence_excerpt":"On April 1, 2024, Atlantic American Corporation (the \"Registrant\") reported its results of operations for its fourth quarter and year ended December 31, 2023.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001140361-24-016948","anchor_url":"https://secwatch.observer/filing/0001140361-24-016948#claim-663bca1388066b64677c42c4392455b800a1d841","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/8177/000114036124016948/0001140361-24-016948-index.htm"},{"fact_type":"material_agreement","fact_key":"59ae712672dc68d5fc514af01a507eff776a3788","cik":8177,"ticker":"AAME","company_name":"ATLANTIC AMERICAN CORP","filed_at":"2024-04-01T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"First Amendment","agreement_type":"credit_facility","counterparty":"Truist Bank","effective_date":"2024-03-22","item_codes_triggered":["1.01"],"value_text":null},"claim":"ATLANTIC AMERICAN CORP amended First Amendment with Truist Bank (effective 2024-03-22).","evidence_excerpt":"On March 22, 2024, Atlantic American Corporation (the “Company”) entered into a First Amendment (the “Amendment”) to its Revolving Credit Agreement (as amended, the “Credit Agreement”) with Truist Bank as the lender (the “Lender”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001140361-24-016920","anchor_url":"https://secwatch.observer/filing/0001140361-24-016920#claim-59ae712672dc68d5fc514af01a507eff776a3788","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/8177/000114036124016920/0001140361-24-016920-index.htm"}]}