The electronic entertainment company has made a "timely request" for a hearing with a Nasdaq qualifications panel to appeal against the notice.
Atari has not filed its Form 10-K because it is still determining what, if any, accounting entries it needs to make with respect to certain severance matters after cutting its workforce by 20 per cent in May this year.
Following a significant decline in the company's market capitalisation, Atari is expecting a greater than expected loss of $71.3m owing to a $54.1m impairment of goodwill charge.
The company added that it will endeavour to make this determination as quickly as possible and file its report prior to the hearing date.
Nasdaq has warned that, if does not file before the hearing, there can be no assurance that the panel will grant its request for continued listing.
Facebook told by Brussels-based court to stop tracking non-users and to delete all data held on them
Supply chain and manufacturing experience could give Dyson an important edge
New VR Zone Portal arcades open in London and Tunbridge Wells
Systems-on-a-chip with integrated AI features could make voice and facial recognition