Form 8-K 2009


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K


Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934


Date of Report (Date of Earliest Event Reported): October 15, 2009 (October 13, 2009)

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




Georgia
(State or Other Jurisdiction of Incorporation)
0-3722
(Commission File Number)
58-1027114
(I.R.S. Employer Identification No.)
 
4370 Peachtree Rd., N.E.
Atlanta, Georgia
(Address of Principal Executive Offices)
  30319
(Zip Code)


Registrant's Telephone Number, Including Area Code:      (404) 266-5500


N/A

(Former Name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



         
 
Section 8 - Other Events
 
Item 8.01 Other Events
 
        On October 13, 2009, Atlantic American Corporation (the “Company”) received from The Nasdaq Stock Market (“Nasdaq”) Listing Qualifications Department a letter indicating that the Company had regained compliance with the minimum bid price requirement for the continued listing of its common stock on The Nasdaq Global Market, as set forth in Nasdaq Marketplace Rule 5450(a)(1).
 
        A copy of the press release announcing the Company’s receipt of the letter described above is attached hereto as Exhibit 99.1.
         
 
Section 9 - Financial Statements and Exhibits
 
Item 9.01 Financial Statements and Exhibits
Exhibit No.   Description  
99.1   Press Release, dated October 15, 2009  

SIGNATURE

           Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  ATLANTIC AMERICAN CORPORATION
 
           /s/ John G. Sample, Jr.
     By:    John G. Sample, Jr.
             Senior Vice President and Chief Financial Officer

                          Date:   October 15, 2009





EXHIBIT INDEX

       
  Exhibit No. Exhibit Description
  99.1 Press Release, dated October 15, 2009
Press Release 10-15-2009

EXHIBIT 99.1

ATLANTIC AMERICAN CORPORATION REGAINS COMPLIANCE WITH
NASDAQ LISTING STANDARDS

ATLANTA, Georgia, October 15, 2009 - Atlantic American Corporation (Nasdaq- AAME) today announced that, on October 13, 2009, it received from The Nasdaq Stock Market (“Nasdaq”) Listing Qualifications Department a letter indicating that the Company had regained compliance with the minimum $1.00 bid price requirement for the continued listing of its common stock on The Nasdaq Global Market, as set forth in Nasdaq Marketplace Rule 5450(a)(1).

“We are pleased to have regained compliance with all Nasdaq listing requirements and closing this matter. Now we look forward to focusing on continuing our company’s successes and bringing value to our shareholders,” said Hilton Howell, Chairman, President and Chief Executive Officer.

Atlantic American is an insurance holding company involved through its subsidiary companies in specialty markets of the life, health, property and casualty insurance industries. Its principal subsidiaries include American Southern Insurance Company, American Safety Insurance Company, Bankers Fidelity Life Insurance Company and Self-Insurance Administrators, Inc.

Note regarding Private Securities Litigation Reform Act: Except for information regarding historical facts contained herein, this press release contains forward-looking statements that involve a number of risks and uncertainties. Actual results could differ materially from those indicated by such forward-looking statements due to a number of factors and risks detailed from time to time in statements and reports that Atlantic American Corporation has filed with the Securities and Exchange Commission.

For further information contact:

John G. Sample, Jr.
Senior Vice President and Chief Financial Officer
Atlantic American Corporation
404-266-5501