Natural Alternatives International Inc (NAII)
NASDAQConsumer StaplesPackaged FoodsSnapshot 2026-09-04
NASDAQConsumer StaplesPackaged FoodsSnapshot 2026-09-04
QuarterlyIQ Insights · NAII
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
CFO — Michael E. Fortin: Michael E. Fortin resigned as CFO to take a new role at another company.
Chief Executive Officer, Managing Director — Mark A. LeDoux: The CEO's role expanded to include managing the Swiss subsidiary while adjusting his compensation.
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. Natural Alternatives International, Inc., a Delaware corporation, ("NAI") is party to a Credit Agreement (most recently amended June 20, 2025) with Wells Fargo Bank, National Association ("Wells Fargo"). The Credit Agreement as amended incorporates a Revolving Line of Credit Note, a Term Note, Security Agreement and Deed of Trust. For its fiscal first quarter ended September 30, 2025, NAI was not in compliance with the maximum net loss and fixed cha…
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. On July 16, 2025, Natural Alternatives International, Inc. (“NAI”) and its wholly owned subsidiary Natural Alternatives International, Europe S.A., entered into a Manufacturing Agreement with its longtime customer the Juice Plus+ Company, LLC to be effective July 16, 2025, and replacing the similar existing agreement set to expire August 6, 2025. The Agreement sets forth the terms and conditions for NAI to manufacture and supply Juice Plus+ with Jui…
Chief Financial Officer — Michael E. Fortin: The CFO's employment agreement was amended to reflect an increased annual base salary.
REGULATION FD DISCLOSURE. On June 23, 2025, NAI issued a press release announcing the amendment of its credit facility. A copy of the press release is attached hereto as Exhibit 99.9 and incorporated by reference herein.
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. On June 20, 2025 Natural Alternatives International, Inc., a Delaware corporation, ("NAI") entered into an amended credit facility with Wells Fargo Bank, National Association ("Wells Fargo"). The amended credit facility extends NAI's current credit facility with Wells Fargo to December 31, 2026, decreases the maximum principal amount that can be borrowed from $12,500,000 to $10,000,000, and adds the Company’s powder processing facility in Carlsbad C…
CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT. The information provided in
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. On July 21, 2023, Natural Alternatives International, Inc. (“NAI”) entered into a Fourth Amendment to Lease amending and extending the term of the lease of its Vista California manufacturing facilities. The Fourth Amendment extends the term of the Lease by an additional ten years and five months commencing April 1, 2024. The amended Lease covering two buildings and approximately 162,000 square feet will result in an increase in base rent to $1.50 pe…
OTHER EVENTS. Under our Stock Repurchase Program we may, from time to time, purchase shares of our common stock, depending upon market conditions, in the open market or privately negotiated transactions. The Program is limited to amounts previously approved by the Board of Directors. On December 2, 2022, our Board of Directors authorized an increase in the authorized amount the Company can use to purchase its common shares pursuant to our Stock Repurchase Program by an additional $1 million.…
CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT. The information provided in
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. On October 12, 2022 Natural Alternatives International, Inc., a Delaware corporation, ("NAI") entered into an amended credit facility with Wells Fargo Bank, National Association ("Wells Fargo"). The amended credit facility extends NAI's current $20,000,000 credit facility with Wells Fargo by one year to May 23, 2025, increases the amount the Company may invest in fixed and capital assets without approval from Wells Fargo from $7,5000,000 to $25,000,…
REGULATION FD DISCLOSURE. On January 18, 2022, NAI issued a press release announcing an increase in the authorized amount of its Stock Repurchase Plan. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.
Director — Alan J. Lane and Lee G. Weldon: Two directors resigned, leading to a reduction in the board size and appointments of new members.
REGULATION FD DISCLOSURE. On August 24, 2021, NAI issued a press release announcing the acquisition of a new manufacturing and warehouse property in Carlsbad California and the amendment of its credit facility with Wells Fargo. A copy of the press release is attached hereto as Exhibit 99.2 and is incorporated by reference herein.
ACQUISITION On August 20, 2021, NAI acquired a manufacturing and warehouse property in Carlsbad California from an unrelated party for $17,500,000. NAI financed $10,000,000 of the purchase price through a term loan pursuant to its recently amended credit facility with Wells Fargo and paid the remainder of the purchase price and closing costs with its available cash. The approximately 54,154 square foot building includes environmentally controlled warehouse space, office and additional warehou…
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. On August 18, 2021, Natural Alternatives International, Inc., a Delaware corporation, ("NAI") entered into an amendment of its credit facility with Wells Fargo Bank, National Association ("Wells Fargo"). The amended credit facility added a $10,000,000 term loan to the existing $20,000,000 credit facility, and permitted NAI to use the $10,000,000 term loan as part of the $17,500,000 purchase consideration for the acquisition of a manufacturing and wa…
CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT. The information provided in
Amendments to employment agreements for senior executives, including salary increases and severance modifications.
NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDARD; TRANSFER OF LISTING. Natural Alternatives International, Inc. (the Company) regrets to disclose that Joe Davis, a member of the Company’s Board of Directors, passed away on May 27, 2021. The Company is deeply saddened by Mr. Davis’ untimely passing and extends its heartfelt condolences to Mr. Davis’ family. Joe joined the Company’s Board of Directors as an independent director in 2000 and was serving as the chair…
REGULATION FD DISCLOSURE. On May 27, 2021, NAI issued a press release announcing its new credit facility with Wells Fargo. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. On May 24, 2021, Natural Alternatives International, Inc., a Delaware corporation, ("NAI") entered into a new credit facility with Wells Fargo Bank, National Association ("Wells Fargo"). The new credit facility of $20,000,000 replaces NAI's current credit facility with Wells Fargo, effectively increasing the amount of the credit facility from $10,000,000 to $20,000,000, extending the maturity date for NAI's line of credit to May 24, 2024, and permit…
CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT. The information provided in
The filing describes the adoption of a Non-Qualified Incentive Plan and initial awards granted under it, which is not directly related to management changes.
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