# AAME · 8-K

- Kind: Filing note
- Ticker: AAME
- Company: ATLANTIC AMERICAN CORP
- Form: 8-K
- Filed: 2026-10-16
- Accession: 0001140361-26-039912
- Canonical: https://edgartracker.problemsolversguild.com/s/AAME/2026-10-16/zx3JtTX-erObBbuBZX0XHA
- Updated: 2026-10-16T19:58:20.096841Z

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# Atlantic American Corporation Extends Credit Agreement Deadlines Amid Financial Reporting Delays

Atlantic American Corporation (AAME) has secured extensions from Truist Bank on its Revolving Credit Agreement, providing additional time to submit audited financial statements. This move is critical for maintaining the company's liquidity and compliance with lender covenants.

## Key Amendments to Credit Agreement

- **Fourth Amendment**: Extended the deadline for delivering audited financial statements for the fiscal year ending December 31, 2025, to October 15, 2026. ([atlam.gcs-web.com](https://atlam.gcs-web.com/financial-information/sec-filings?utm_source=openai))

- **Fifth Amendment**: Further extended the audited financial statement deadline to October 23, 2026, and adjusted the minimum AM Best financial strength rating for American Southern Insurance Company to "A-". ([atlam.gcs-web.com](https://atlam.gcs-web.com/financial-information/sec-filings?utm_source=openai))

## Compliance Waiver

The Fifth Amendment also waives prior defaults related to the AM Best rating downgrade, allowing the company to avoid immediate repercussions. ([atlam.gcs-web.com](https://atlam.gcs-web.com/financial-information/sec-filings?utm_source=openai))

## Ongoing Financial Reporting Challenges

These amendments reflect Atlantic American's ongoing challenges in meeting financial reporting requirements. The company has previously received notices from Nasdaq regarding delinquent filings, with a deadline to regain compliance by October 12, 2026. ([secwatch.observer](https://secwatch.observer/filing/0001140361-26-034470?utm_source=openai))

While the extensions provide temporary relief, Atlantic American Corporation must adhere to the new deadlines to maintain financial stability and investor confidence. Does this mean they are getting close to having the filings or is this a fool me four times shame on you situation.