{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-016920","form_type":"8-K","ticker":"AAME","cik":"0000008177","company_name":"ATLANTIC AMERICAN CORP","filed_at":"2024-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.063472+00:00","generated_at":"2026-06-04T05:04:55.776909+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Atlantic American amends credit facility; maturity extended to 2027, net worth covenant set at $64.2M","bullets":["Interest rate on revolving loans changed to Adjusted Term SOFR plus 2.00%.","Maturity of revolving credit facility extended to March 22, 2027.","New consolidated net worth covenant requires at least $64.2 million.","Amendment entered with Truist Bank, effective March 22, 2024.","Other existing terms of the Credit Agreement remain unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-016920","json":"https://secwatch.observer/filing/0001140361-24-016920.json","markdown":"https://secwatch.observer/filing/0001140361-24-016920.md","text":"https://secwatch.observer/filing/0001140361-24-016920.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/8177/000114036124016920/0001140361-24-016920-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8177/000114036124016920/ef20025683_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T05:04:55.776909+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"720ba5ae37140362c7a2b6a326efd81d856f2d8d","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”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/8177/000114036124016920/0001140361-24-016920-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Counterparty","value":"Truist Bank"},{"label":"Rate","value":"Adjusted Term SOFR rate plus 2.00%"},{"label":"Maturity","value":"March 22, 2027"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"59ae712672dc68d5fc514af01a507eff776a3788","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”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/8177/000114036124016920/0001140361-24-016920-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Truist Bank"},{"label":"Effective","value":"2024-03-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}