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<SEC-DOCUMENT>0000008177-10-000024.txt : 20100817
<SEC-HEADER>0000008177-10-000024.hdr.sgml : 20100817
<ACCEPTANCE-DATETIME>20100817155308
ACCESSION NUMBER:		0000008177-10-000024
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100817
ITEM INFORMATION:		Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
FILED AS OF DATE:		20100817
DATE AS OF CHANGE:		20100817

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ATLANTIC AMERICAN CORP
		CENTRAL INDEX KEY:			0000008177
		STANDARD INDUSTRIAL CLASSIFICATION:	LIFE INSURANCE [6311]
		IRS NUMBER:				581027114
		STATE OF INCORPORATION:			GA
		FISCAL YEAR END:			0228

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-03722
		FILM NUMBER:		101023175

	BUSINESS ADDRESS:	
		STREET 1:		4370 PEACHTREE RD NE
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30319
		BUSINESS PHONE:		4042665500

	MAIL ADDRESS:	
		STREET 1:		4370 PEACHTREE ROAD
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30319
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form_8knasdaqletter2010.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>

<HTML>
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<TITLE>Form 8-K Press Nasdaq Letter 2010</title>
</head>
<body>
<BR><BR><BR>
<p align=center><font size=3 face="times new roman"><b>UNITED STATES<BR>SECURITIES AND EXCHANGE COMMISSION<BR>
 Washington, D.C. 20549</b></font></p>

<p align=center><font size=4 face="times new roman"><b>FORM 8-K</b></font></p>

<p align=center><font size=3 face="times new roman"><b>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B></font></p><BR>

<table align=center width=670 cellspacing=0 cellpadding=2 border=0>
<tr>
<td width=50%></td>
<td width=50%></td>
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<tr>
<td valign=top><font size=3 face="times new roman">Date of Report (Date of earliest event reported):&nbsp;<BR></font></td>
<td><font size=3 face="times new roman">&nbsp;&nbsp;August 17, 2010 (August 12, 2010)</font><hr noshade size=1></td>
</tr>
</table>
<BR>
<table align=center width=670 cellspacing=0 cellpadding=2 border=0>
<tr>
<td width=50%></td>
<td width=50%></td>
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<td colspan=2 align=center>
<font size=3 face="times new roman"><b> ATLANTIC AMERICAN CORPORATION</b></font><hr noshade size=1></td>
</tr>
<tr>
<td colspan=2 align=center><font size=3 face="times new roman">(Exact name of registrant as specified in its charter)</font></td>
</tr>
</table>
<BR>

<table align=center width=670 cellspacing=0 cellpadding=0 border=0>
<tr>
<td width=33.3%></td>
<td width=33.3%></td>
<td width=33.3%></td>
</tr>
<tr>

<td align=center><font size=3 face="times new roman"> Georgia</font><hr noshade size=1></td>

<td align=center><font size=3 face="times new roman">0-3722</font><hr noshade size=1></td>

<td align=center><font size=3 face="times new roman">58-1027114</font><hr noshade size=1></td>
</tr>
<tr>
<td align=center><font size=3 face="times new roman">(State or other jurisdiction <BR>of incorporation)</font></td>
<td align=center><font size=3 face="times new roman">(Commission File Number)<BR>&nbsp;</font></td>
<td align=center><font size=3 face="times new roman">(I.R.S. Employer<BR>Identification No.)</font></td>
</tr>
<tr>
<td colspan=3>&nbsp;</td>
</tr>
<tr>

<td colspan=2><font size=3 face="times new roman">4370 Peachtree Rd., N.E., Atlanta, Georgia </font><hr noshade size=1></td>
<td align=center><font size=3 face="times new roman">30319</font><hr noshade size=1></td>
</TR>
<tr>
<td align=center colspan=2><font size=3 face="times new roman">(Address of principal executive offices)</font></td>
<td align=center><font size=3 face="times new roman">(Zip Code)</font></td>
</tr>
 <tr>
<td colspan=3>&nbsp;</td>
</tr>
</table>

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<tr>
<td width=50%></td>
<td width=50%></td>
</tr>
<tr>
<td><font size=3 face="times new roman">Registrant's telephone number, including area code<BR>&nbsp;</font></td>

<td><font size=3 face="times new roman">&nbsp;&nbsp;(404) 266-5500</font><hr noshade size=1></td>
</tr>
<tr>
<td colspan=2>&nbsp;</td>
</tr>
<tr>
<td align=center colspan=2><font size=3 face="times new roman">N/A</font><hr noshade size=1></td>
</tr>
<tr>
<td align=center colspan=2><font size=3 face="times new roman">(Former name or former address, if changed since last report)</font></td>
</tr>
</table>










<BR>

<table align=center width=670 cellspacing=0 cellpadding=2 border=0>
<tr>
<td width=5%></td>
<td width=5%></td>
<td width=90%></td>
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<tr>
<td colspan=3><font size=2 face="times new roman">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:</font></td>
</tr>
<tr>
<td colspan=3>&nbsp;</td>
</tr>
<tr>
<td align=center>&#143;</td>

<td colspan=2><font size=2 face="times new roman">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
</font></td>
</tr>
<tr>
<td align=center>&#143;</td>

<td colspan=2><font size=2 face="times new roman">Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)</font></td>
</tr>
<tr>
<td align=center>&#143;</td>

<td colspan=2><font size=2 face="times new roman">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))</font></td>
</tr>
<tr>
<td align=center>&#143;</td>

<td colspan=2><font size=2 face="times new roman">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))</font></td>
</tr>
</table>



<BR><BR><BR><BR><BR>






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<p><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>Item 3.01.&nbsp;&nbsp;
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of
Listing.</b></FONT></p>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On August 12, 2010,
Atlantic American Corporation (the &#147;Company&#148;) received a letter from
The Nasdaq Stock Market (&#147;Nasdaq&#148;), indicating that, as a result of
the previously disclosed retirement from the Board of Directors of the Company
of D. Raymond Riddle, age 76, the Company was not in compliance with certain of
the audit committee requirements as set out in Nasdaq Listing Rule 5605 (the
&#147;Audit Committee Listing Rule&#148;).</font></p>


<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In accordance with the
terms of the Audit Committee Listing Rule, the Company is entitled to a grace
period, which will expire on the earlier of the Company&#146;s next annual
shareholders&#146; meeting or July 27, 2011 (the &#147;Grace Period&#148;), to
return to compliance with the Audit Committee Listing Rule. The Company is
currently engaged in the process of diligently evaluating and considering
potential members for its Board of Directors. The Company expects that it will
be in compliance with this Rule prior to the expiration of the Grace Period.
</FONT></P>



<hr noshade size=2>
<PAGE>
<H5 align="left" style="page-break-before:always"></H5>





<p align=center><font size=2 face="times new roman"><b> SIGNATURES</b></font></p>
<p><font size=2 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 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.</font></p>

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<td width=50%>
</td>
<td width=50%>
</td>
</tr>
<tr>
<td>&nbsp;</td>
<td><font size=2 face="times new roman"><b> ATLANTIC AMERICAN CORPORATION</b></font></td>
</tr>
</table>

<table align=center width=650 cellpadding=0 cellspacing=0 border=0>
<tr>
<td width=50%>
</td>
<td width=50%>
</td>
</tr>
<tr>
<td colspan=2>&nbsp;</td>
</tr>
<tr>
<td>&nbsp;</td>
<td><font size=2 face="times new roman">&nbsp;&nbsp;&nbsp;By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ John G. Sample, Jr.</font><hr size=1 noshade></td>
</tr>
<tr>
<td>&nbsp;</td>
<td><font size=2 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;John G. Sample, Jr.<BR>
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Senior Vice President and Chief Financial Officer</font></td>
</tr>
</table>

<p><font size=2 face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;Date: &nbsp;&nbsp; August 17, 2010</font></p>
<BR><BR>





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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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