Nutrition 21
This article was originally published in The Tan Sheet
Executive Summary
AMBI shareholders approve name change to Nutrition 21, effective immediately, firm announces. Trading symbol on NASDAQ becomes NXXI effective March 9. "Nutrition 21 is a name that underscores our expertise in nutrition and our science-based approach to the market," Chromax maker says. New name applies to all company operations, including ingredient sales and consumer products business (1"The Tan Sheet" Jan. 22, In Brief)
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AMBI name change
Company will change its name to Nutrition 21 following shareholder approval in March. Ticker symbol also will change on NASDAQ from AMBI to NXXI, company says Jan. 17. "The Nutrition 21 name is used by AMBI's nutrition products subsidiary, and will in the future apply to all company operations, including ingredient sales and the consumer products business," Chromax and Selenomax maker says. AMBI has said it plans to move away from finished product sales to focus more heavily on supplying ingredients and licensing products to other companies (1"The Tan Sheet" Nov. 20, 2000, p. 10)
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