NATURAL ALTERNATIVES INTERNATIONAL, INC. (NASDAQ:NAII) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 Entry into a Material Definitive Agreement.
On March 28, 2017, Natural Alternatives International, Inc., a Delaware corporation, entered into an amendment of its credit facility with Wells Fargo Bank, National Association to extend the maturity date for its working capital line of credit from January 31, 2019 to February 1, 2020. As of the date of this report, the working capital line of credit balance was zero. All other terms of the credit facility remain in full force and effect.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information provided in Item 1.01 above is hereby incorporated by reference into this Item 2.03.
About NATURAL ALTERNATIVES INTERNATIONAL, INC. (NASDAQ:NAII)
Natural Alternatives International, Inc. is a formulator, manufacturer and marketer of nutritional supplements. The Company operates through three segments: private-label contract manufacturing, patent and trademark licensing, and branded products. The private-label contract manufacturing segment primarily relates to the provision of private-label contract manufacturing services to companies that market and distribute nutritional supplements and other healthcare products. The patent and trademark licensing segment primarily includes direct raw material sales and royalty income from its license and supply agreements associated with the sale and use of beta-alanine under its CarnosSyn trade name. The branded products segment relates to the marketing and distribution of branded nutritional supplements and consists primarily of the products sold under its Pathway to Healing product line. NATURAL ALTERNATIVES INTERNATIONAL, INC. (NASDAQ:NAII) Recent Trading Information
NATURAL ALTERNATIVES INTERNATIONAL, INC. (NASDAQ:NAII) closed its last trading session down -0.15 at 8.60 with 7,303 shares trading hands.
