Atlantic American Corporation (NASDAQ:AAME) shares soared 20% to $1.56 after the bell on Wednesday.
In the regular session, the stock of the Georgia-based insurance holding company edged higher 0.78%, closing at $1.30, according to Benzinga Pro data.
Company Discloses Nasdaq Notice
After the markets closed on Wednesday, Atlantic American announced that the company received a notice from Nasdaq last week, citing non-compliance with a listing rule that requires timely filing of periodic reports with the Securities and Exchange Commission.
The notice points to the company’s failure to file its quarterly report for the period ended Jun. 30.
