<SEC-DOCUMENT>0001437749-21-005312.txt : 20210309
<SEC-HEADER>0001437749-21-005312.hdr.sgml : 20210309
<ACCEPTANCE-DATETIME>20210308202955
ACCESSION NUMBER:		0001437749-21-005312
CONFORMED SUBMISSION TYPE:	S-8
PUBLIC DOCUMENT COUNT:		5
FILED AS OF DATE:		20210309
DATE AS OF CHANGE:		20210308
EFFECTIVENESS DATE:		20210309

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NATURAL ALTERNATIVES INTERNATIONAL INC
		CENTRAL INDEX KEY:			0000787253
		STANDARD INDUSTRIAL CLASSIFICATION:	MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833]
		IRS NUMBER:				841007839
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		S-8
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-254014
		FILM NUMBER:		21723734

	BUSINESS ADDRESS:	
		STREET 1:		1535 FARADAY AVENUE
		CITY:			CARLSBAD
		STATE:			CA
		ZIP:			92008-7319
		BUSINESS PHONE:		6197447340

	MAIL ADDRESS:	
		STREET 1:		1535 FARADAY AVENUE
		CITY:			CARLSBAD
		STATE:			CA
		ZIP:			92008-7319

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN ACQUISITIONS INC
		DATE OF NAME CHANGE:	19860929
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8
<SEQUENCE>1
<FILENAME>naii20210308_s8.htm
<DESCRIPTION>FORM S-8
<TEXT>
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<p style="font-family: Times New Roman; font-size: 12pt; font-variant: normal; text-align: center; margin: 0pt;"><b>UNITED STATES</b></p>

<p style="font-family:Times New Roman;font-size:12pt;font-variant:normal;text-align:center;margin:0pt;"><b>SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Washington, D.C. 20549</b></p>

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<p style="margin: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt">&nbsp;</p>

<p style="margin: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman; font-size: 12pt; text-align: center;"><b>FORM S-8 </b></p>

<p style="font-family: Times New Roman; font-size: 12pt; font-variant: normal; margin: 0pt; text-align: center;"><b>REGISTRATION STATEMENT</b></p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b><i>UNDER</i></b></p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b><i>THE SECURITIES ACT OF 1933</i></b></p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">&nbsp;</p>

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<p style="font-family:Times New Roman;font-size:12pt;font-variant:normal;text-align:center;margin:0pt;"><b>NATURAL ALTERNATIVES INTERNATIONAL, INC.</b></p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>(Exact name of registrant as specified in its charter)</b></p>

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			<td style="width: 33%; text-align: center;"><b>Delaware</b></td>
			<td style="width: 34%; text-align: center;">&nbsp;</td>
			<td style="width: 33%; text-align: center;"><b>84-1007839</b></td>
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			<td style="text-align: center; width: 33%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 8pt;"><b>(State of incorporation)</b></td>
			<td style="text-align: center; width: 34%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 8pt;">&nbsp;</td>
			<td style="text-align: center; width: 33%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 8pt;"><b>(IRS Employer Identification No.)</b></td>
		</tr>

</table>

<p style="margin: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt">&nbsp;</p>

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			<td style="text-align: center; width: 33%;"><b>1535 Faraday Avenue</b></td>
			<td style="text-align: center; width: 34%;">&nbsp;</td>
			<td style="text-align: center; width: 33%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="text-align: center; width: 33%;"><b>Carlsbad, California </b></td>
			<td style="text-align: center; width: 34%;">&nbsp;</td>
			<td style="text-align: center; width: 33%;"><b>92008</b></td>
		</tr>

</table>

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			<td style="text-align: center; width: 33%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 8pt;"><b>(Address of principal executive offices)</b></td>
			<td style="text-align: center; width: 34%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 8pt;">&nbsp;</td>
			<td style="text-align: center; width: 33%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 8pt;"><b>(Zip Code)</b></td>
		</tr>

</table>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>

<p style="font-family:Times New Roman;font-size:12pt;font-variant:normal;text-align:center;margin:0pt;"><b>2020 Omnibus Incentive Plan</b></p>

<p style="font-family: Times New Roman; font-size: 8pt; font-variant: normal; text-align: center; margin: 0pt;"><b>(Full title of the plan)</b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Michael E. Fortin</b></p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Chief Financial Officer </b></p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Natural Alternatives International, Inc.</b></p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>1535 Faraday Avenue</b></p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Carlsbad, California 92008</b></p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>(760) 736-7709</b></p>

<p style="font-family: Times New Roman; font-size: 8pt; font-variant: normal; margin: 0pt; text-align: center;"><b>(Name, address and telephone number, including area code, of agent for service)</b></p>

<p style="font-family: Times New Roman; font-size: 8pt; font-variant: normal; margin: 0pt; text-align: center;">&nbsp;</p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b><i>Copy to: </i></b><b>David A. Fisher</b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Fisher Broyles LLP</b></p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>12707 High Bluff Drive, Suite 200 </b></p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>San Diego, CA 92130</b></p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>(858) 509-7400</b></p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">&nbsp;</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 12pt; margin: 0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><meta charset="utf-8"><meta name="format-detection" content="telephone=no"><!--Created on 3/8/2021 12:53:32 PM --><meta name="generator" content="RDG HTML Converter 3.4.3.0"></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a&nbsp;non-accelerated&nbsp;filer, a smaller reporting company, or an emerging growth company. See definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer,&#8221; &#8220;smaller reporting company&#8221; and &#8220;emerging growth company&#8221; in&nbsp;Rule&nbsp;12b-2&nbsp;of the Exchange Act.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

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			<td style="width: 50%;">Large accelerated filer &#9744;</td>
			<td style="width: 50%; text-align: right;">Accelerated filer &#9744;</td>
		</tr>
		<tr>
			<td>Non-accelerated filer &#9744;</td>
			<td style="text-align: right;">Smaller reporting company &#9746;</td>
		</tr>
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			<td>&nbsp;</td>
			<td style="text-align: right;">Emerging Growth Company &#9744;</td>
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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.&nbsp;&nbsp;&#9744;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin: 0">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>CALCULATION OF REGISTRATION FEE</b></p>

<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin: 0">&nbsp;</p>

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			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: bottom; width: 239pt; border-right: 1px solid black; border-top: 3px double black;">
			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Title of securities to be registered</b></p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: bottom; width: 76pt; border-top: 3px double black;">
			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Amount to be</b></p>

			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>registered</b><b><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></b></p>
			</td>
			<td style="border-color: black black rgb(0, 0, 0); border-style: double solid solid; border-width: 3px 1px 1px; vertical-align: bottom; width: 75pt;">
			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Proposed </b></p>

			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>maximum </b></p>

			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>offering price</b></p>

			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>per share</b><b><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></b></p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: bottom; width: 75pt; border-right: 1px solid black; border-top: 3px double black;">
			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Proposed</b></p>

			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>maximum </b></p>

			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>aggregate</b></p>

			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>offering price</b><b><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></b></p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: bottom; width: 75pt; border-top: 3px double black;">
			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Amount of </b></p>

			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>registration fee</b><b><sup style="vertical-align:top;line-height:120%;font-size:pt">(3)</sup></b></p>
			</td>
		</tr>
		<tr>
			<td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: top; width: 239pt; border-right: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt 0pt 0pt 1pt;">2020 Omnibus Incentive Plan, Common Stock, $0.01 par</p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt 0pt 0pt 13pt;">value per share</p>
			</td>
			<td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: bottom; width: 76pt;">
			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">700,000</p>
			</td>
			<td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: bottom; width: 75pt; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">$15.18</p>
			</td>
			<td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: bottom; width: 75pt; border-right: 1px solid black;">
			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">$10,626,000</p>
			</td>
			<td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: bottom; width: 75pt;">
			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">$1,159.30</p>
			</td>
		</tr>

</table>

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			<td style="width: 0pt; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">&nbsp;</p>
			</td>
			<td style="vertical-align: top; width: 18pt; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">(1)</p>
			</td>
			<td style="vertical-align: top; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">In accordance with Rule 416 under the Securities Act of 1933, as amended, this registration statement shall be deemed to cover any additional securities that may from time to time be offered or issued to prevent dilution resulting from stock splits, stock dividends or similar transactions.</p>
			</td>
		</tr>
		<tr style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">
			<td style="width: 0pt; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 18pt; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">(2)&nbsp;</td>
			<td style="vertical-align: top; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">Consists of 700,000 shares issuable pursuant to the grant or exercise of awards under the 2020 Omnibus Incentive Plan.</td>
		</tr>

</table>

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			<td style="width:0pt;">
			<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>
			</td>
			<td style="vertical-align:top;width:18pt;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">(3)</p>
			</td>
			<td style="vertical-align:top;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Estimated solely for the purpose of determining the registration fee pursuant to Rule 457(c) and 457(h) under the 1933 Act, based on the average of the high and low prices of NAI&#8217;s common stock reported on the Nasdaq Global Market on March 4, 2021, which date is within five business days prior to the filing of this registration statement.</p>
			</td>
		</tr>

</table>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

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<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>EXPLANATORY NOTE</b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">Natural Alternatives International, Inc. (NAI) is filing this registration statement on Form S-8 to register 700,000 shares of NAI&#8217;s common stock authorized for issuance under NAI&#8217;s 2020 Omnibus Incentive Plan.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>PART I</b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS</b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">As permitted by the rules of the SEC, this registration statement omits the information specified in Part I of Form S-8. The documents containing the information specified in Part I will be delivered to the participants in the plan covered by this registration statement as required by Rule 428(b)(1) promulgated under the 1933 Act. Such documents are not being filed with the SEC as part of this registration statement or as prospectuses or prospectus supplements pursuant to Rule 424 of the 1933 Act.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>PART II</b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Item 3.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Incorporation of Documents by Reference</b></p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">NAI incorporates by reference into this registration statement the documents listed below, which NAI has already filed with the SEC:</p>

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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">(a)</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><a href="http://www.sec.gov/Archives/edgar/data/0000787253/000143774920019951/naii20200630_10k.htm" style="-sec-extract:exhibit;">NAI&#8217;s Annual Report on Form 10-K for the fiscal year ended June 30, 2020 filed with the SEC on September 21, 2020, (which incorporates by reference certain portions of NAI&#8217;s Proxy Statement filed with the SEC on October 26, 2020 for its Annual Meeting of Stockholders held on December 4, 2020), which contains audited consolidated financial statements for the most recent fiscal year for which such statements have been filed;</a></p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">(b)</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><a href="http://www.sec.gov/Archives/edgar/data/0000787253/000143774921002328/naii20201231_10q.htm" style="-sec-extract:exhibit;">NAI&#8217;s Quarterly Report on Form 10-Q, filed with the SEC on February 9, 2021</a>; and</p>
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			<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">(c)</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">The description of NAI&#8217;s common stock contained in NAI&#8217;s registration statement on Form S-1, filed with the SEC on March 31, 1994 (SEC File No. 33-44292), including all amendments or reports filed for the purpose of updating such description.</p>
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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">Any other documents subsequently filed by NAI under Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended (Exchange Act), excluding any information in those documents that is deemed by the rules of the SEC to be furnished but not filed, before the filing of a post-effective amendment that indicates all securities offered herein have been sold or that deregisters all securities covered by this registration statement then remaining unsold, shall be deemed to be incorporated by reference in this registration statement and to be part of this registration statement from the date of filing of such documents.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">Any statement in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for the purposes of this registration statement to the extent that a statement contained herein or in any other subsequently filed document that also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this registration statement.</p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Item 4. Description of Securities</b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 27pt;">Not applicable</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Item 5. Interests of Named Experts and Counsel</b></p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 27pt;">Not applicable</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b>Item 6. Indemnification of Directors and Officers</b></p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt;">NAI&#8217;s charter provides that it may indemnify, to the full extent authorized or permitted by law, any person made, or threatened to be made, a defendant or witness to any action, suit or proceeding (whether civil or criminal or otherwise) by reason of the fact that he, his testator or intestate, is or was a director or officer of NAI or by reason of the fact that such director of officer, at the request of NAI, is or was serving any other corporation, partnership, joint venture, employee benefit plan or other enterprise, in any capacity.</p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">Under Delaware law, a director or officer who has been successful on the merits or otherwise in defense of any action, suit or proceeding or in defense of any claim, issue or matter therein shall be indemnified against expenses (including attorneys&#8217; fees) actually and reasonably incurred. In other circumstances, a director, officer, employee or agent of NAI may be indemnified against expenses (including attorneys&#8217; fees), judgments, fines and amounts paid in settlement actually and reasonably incurred if he acted in good faith and in a manner, he or she reasonably believed to be in or not opposed to the best interest of NAI.</p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">The bylaws of NAI provide that costs and expenses (including attorneys&#8217; fees) incurred by or on behalf of a director, officer, employee or agent of NAI in defending or investigating any action, suit, proceeding or investigation shall be paid by NAI in advance of the final disposition of such matter, if such director, officer, employee or agent undertakes in writing to repay any such advances if it is ultimately determined that he or she was not entitled to indemnification.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">NAI&#8217;s charter further provides that NAI may buy and maintain insurance on behalf of any person who is or was a director, officer, employee or agent of NAI, or is serving at the request of NAI as a director, officer, employee or agent of any corporation, partnership, joint venture, trust, employee benefit plan or other enterprise against any liability asserted against him and incurred by him in any such capacity, or arising out of his status as such, whether or not NAI would have the power to indemnify him against such liability under the provisions of the law. NAI has in effect a directors and officers liability insurance policy protecting its directors and officers against liability by reason of their being or having been directors or officers of NAI.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">Under the terms of NAI&#8217;s charter, no director of NAI shall be personally liable to NAI or its stockholders for monetary damages for any breach of fiduciary duty by such a director as a director. Notwithstanding the foregoing, a director shall be liable to the extent provided by applicable law (i) for any breach of the director&#8217;s duty of loyalty to NAI or its stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) for any unlawful payment of dividends or unlawful stock purchase or redemption, or (iv) for any transaction from which such director derived an improper personal benefit.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">NAI has entered into indemnification agreements with each of its directors and anticipates that it will enter into similar arrangements with any future directors. NAI may also enter into similar arrangements with certain of its officers who are not also directors. Generally, the indemnification agreements attempt to provide the maximum protection permitted by Delaware law with respect to indemnification of directors.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Item 7. Exemption from Registration Claimed</b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 27pt;">Not applicable</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Item 8.</b> <b>Exhibits</b></p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">The following exhibit index shows those exhibits filed with this registration statement and those incorporated by reference:</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>EXHIBIT INDEX</b></p>

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			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b>Exhibit</b></p>

			<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;"><b><u>Number</u></b></p>
			</td>
			<td style="width: 2%; text-align: center; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 44%; text-align: center; vertical-align: bottom;"><b><u>Description</u></b></td>
			<td style="width: 2%; text-align: center; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 44%; text-align: center; vertical-align: bottom;"><b><u>Incorporated By Reference To</u></b></td>
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			<td style="width: 8%;">&nbsp;</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%;">&nbsp;</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%;">&nbsp;</td>
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			<td style="width: 8%; text-align: center; vertical-align: top;">4.1</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;"><a href="http://www.sec.gov/Archives/edgar/data/787253/000119312505029203/dex3i.htm" style="-sec-extract:exhibit;">Amended and Restated Certificate of Incorporation of Natural Alternatives International, Inc. filed with the Delaware Secretary of State on January 14, 2005</a></td>
			<td style="width: 2%; vertical-align: top;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">Exhibit 3(i) of NAI&#8217;s Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2004, filed with the commission on February 14, 2005</td>
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			<td style="width: 8%; text-align: center; vertical-align: top;">&nbsp;</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">&nbsp;</td>
			<td style="width: 2%; vertical-align: top;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">&nbsp;</td>
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			<td style="width: 8%; text-align: center; vertical-align: top;">4.2</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;"><a href="http://www.sec.gov/Archives/edgar/data/787253/000119312509029259/dex3ii.htm" style="-sec-extract:exhibit;">Amended and Restated By-laws of Natural Alternatives International, Inc. dated as of February 9, 2009</a></td>
			<td style="width: 2%; vertical-align: top;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">Exhibit 3(ii) of NAI&#8217;s Current Report on Form 8-K dated February 9, 2009, filed with the commission on February 13, 2009</td>
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			<td style="width: 8%; text-align: center; vertical-align: top;">&nbsp;</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">&nbsp;</td>
			<td style="width: 2%; vertical-align: top;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">&nbsp;</td>
		</tr>
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			<td style="width: 8%; text-align: center; vertical-align: top;">4.3</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;"><a href="http://www.sec.gov/Archives/edgar/data/787253/000119312505182282/dex4i.htm" style="-sec-extract:exhibit;">Form of NAI&#8217;s Common Stock Certificate</a></td>
			<td style="width: 2%; vertical-align: top;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">Exhibit 4(i) of NAI&#8217;s Annual Report on Form 10-K for the fiscal year ended June 30, 2005, filed with the commission on September 8, 2005</td>
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			<td style="width: 8%; text-align: center; vertical-align: top;">&nbsp;</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">&nbsp;</td>
			<td style="width: 2%; vertical-align: top;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">&nbsp;</td>
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			<td style="width: 8%; text-align: center; vertical-align: top;">5.01</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;"><a href="ex_232452.htm" style="-sec-extract:exhibit;">Opinion of FisherBroyles LLP</a></td>
			<td style="width: 2%; vertical-align: top;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">Filed herewith</td>
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			<td style="width: 8%; text-align: center; vertical-align: top;">&nbsp;</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">&nbsp;</td>
			<td style="width: 2%; vertical-align: top;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">&nbsp;</td>
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			<td style="width: 8%; text-align: center; vertical-align: top;">23.1</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;"><a href="ex_232453.htm" style="-sec-extract:exhibit;">Consent of Independent Registered Public Accounting Firm</a></td>
			<td style="width: 2%; vertical-align: top;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">Filed herewith</td>
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			<td style="width: 8%; text-align: center; vertical-align: top;">&nbsp;</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">&nbsp;</td>
			<td style="width: 2%; vertical-align: top;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">&nbsp;</td>
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			<td style="width: 8%; text-align: center; vertical-align: top;">23.2</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;"><a href="ex_232452.htm" style="-sec-extract:exhibit;">Consent of FisherBroyles LLP</a></td>
			<td style="width: 2%; vertical-align: top;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">Filed herewith (included in Exhibit 5.01)</td>
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			<td style="width: 8%; text-align: center; vertical-align: top;">&nbsp;</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">&nbsp;</td>
			<td style="width: 2%; vertical-align: top;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">&nbsp;</td>
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			<td style="width: 8%; text-align: center; vertical-align: top;">99.1</td>
			<td style="width: 2%;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;"><a href="http://www.sec.gov/Archives/edgar/data/0000787253/000143774920021645/naii20201021_def14a.htm" style="-sec-extract:exhibit;">2020 Omnibus Incentive Plan as adopted effective January 1, 2021</a></td>
			<td style="width: 2%; vertical-align: top;">&nbsp;</td>
			<td style="width: 44%; vertical-align: top;">Annex I of NAI&#8217;s definitive Proxy Statement filed with the commission on October 26, 2020</td>
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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Item 9.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b> Undertakings</b></p>

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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">a.</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">NAI hereby undertakes:</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">1.</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">To file, during any period in which offers, or sales are being made, a post-effective amendment to this registration statement:</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">i.</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">To include any prospectus required by Section 10(a)(3) of the 1933 Act;</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">ii.</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement; and</p>
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			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">iii.</p>
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			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt;">To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;</p>
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			<td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><i>Provided, however</i>, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the SEC by NAI pursuant to Section 13 or Section 15(d) of Exchange Act that are incorporated by reference in this Registration Statement.</td>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">2.</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">That, for the purpose of determining any liability under the 1933 Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">3.</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">b.</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">NAI hereby undertakes that, for purposes of determining any liability under the 1933 Act, each filing of NAI&#8217;s annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan&#8217;s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">c.</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Insofar as indemnification for liabilities arising under the 1933 Act may be permitted to directors, officers and controlling persons of NAI, NAI has been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the 1933 Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by NAI of expenses incurred or paid by a director, officer or controlling person of NAI in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, NAI will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the 1933 Act and will be governed by the final adjudication of such issue.</p>
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<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left"><meta charset="utf-8"><meta name="format-detection" content="telephone=no"><!--Created on 3/8/2021 12:17:18 PM --><meta name="generator" content="RDG HTML Converter 3.4.3.0"></p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>SIGNATURES</b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">Pursuant to the requirements of the 1933 Act, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Carlsbad, State of California, on March 8, 2021.</p>

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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt">NATURAL ALTERNATIVES INTERNATIONAL, INC.</p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">By: </font></p>
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			<p style="margin-top: 0; margin-bottom: 0; text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">/s/&nbsp;</font>Michael E. Fortin</p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<p style="margin-top: 0; margin-bottom: 0; text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><b>Michael E. Fortin, Chief Financial Officer</b></p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<td valign="top" width="3%">
			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<td valign="top" width="35%">
			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;">Pursuant to the requirements of the 1933 Act, this registration statement has been signed by the following persons in the capacities and on the date indicated.</p>

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			<td style="width: 30%; text-align: center;"><b><u>Signature</u></b></td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;"><b><u>Title</u></b></td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;"><b><u>Date</u></b></td>
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			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
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			<td style="width: 30%; border-bottom: 1px solid black; text-align: center;">/s/ MARK A. LEDOUX</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">Chief Executive Officer and</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">March 8, 2021</td>
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			<td style="width: 30%; text-align: center;"><b>(Mark A. LeDoux)</b></td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">Chairman of the Board of Directors</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
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			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">(principal executive officer)</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
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			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
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			<td style="width: 30%; text-align: center; border-bottom: 1px solid black;">/s/ MICHAEL E. FORTIN</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">Chief Financial Officer</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">March 8, 2021</td>
		</tr>
		<tr>
			<td style="width: 30%; text-align: center;"><b>(Michael E. Fortin)</b></td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">(principal financial and accounting officer)</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
		</tr>
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			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
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			<td style="width: 30%; text-align: center; border-bottom: 1px solid black;">/s/ JOE E. DAVIS</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">Director</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">March 8, 2021</td>
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			<td style="width: 30%; text-align: center;"><b>(Joe E. Davis)</b></td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
		</tr>
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			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
		</tr>
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			<td style="width: 30%; text-align: center; border-bottom: 1px solid black;">/s/ ALAN G. DUNN</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">Director</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">March 8, 2021</td>
		</tr>
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			<td style="width: 30%; text-align: center;"><b>(Alan G. Dunn)</b></td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
		</tr>
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			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
		</tr>
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			<td style="width: 30%; text-align: center; border-bottom: 1px solid black;">/s/ ALAN LANE</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">Director&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">March 8, 2021</td>
		</tr>
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			<td style="width: 30%; text-align: center;"><b>(Alan Lane)</b></td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
		</tr>
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			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
		</tr>
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			<td style="width: 30%; text-align: center; border-bottom: 1px solid black;">/s/ LAURA KAY MATHERLY</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">Director</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">March 8, 2021</td>
		</tr>
		<tr>
			<td style="width: 30%; text-align: center;"><b>(Laura Kay Matherly)</b></td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
		</tr>
		<tr>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
		</tr>
		<tr>
			<td style="width: 30%; text-align: center; border-bottom: 1px solid black;">/s/ LEE G. WELDON</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">Director</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">March 8, 2021</td>
		</tr>
		<tr>
			<td style="width: 30%; text-align: center;"><b>(Lee G. Weldon)</b></td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
			<td style="width: 30%; text-align: center;">&nbsp;</td>
			<td style="width: 5%; text-align: center;">&nbsp;</td>
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		</tr>

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<DOCUMENT>
<TYPE>EX-5.01
<SEQUENCE>2
<FILENAME>ex_232452.htm
<DESCRIPTION>EXHIBIT 5.01
<TEXT>
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<p style="margin-bottom: 0; text-align: right; margin-top: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt"><b>Exhibit 5.01</b></font></p>

<p style="margin-bottom: 0; text-align: left; margin-top: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>

<div><img alt="fisherbroyleslogo.jpg" src="fisherbroyleslogo.jpg"></div>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">March 8, 2021</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Natural Alternatives International, Inc.</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">1535 Faraday Avenue</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Carlsbad, CA 92008</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt 0pt 0pt 36pt;">Re:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;S-8 Registration Statement</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Ladies and Gentlemen:</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">We have acted as your counsel in connection with the Registration Statement on Form S-8 (the &#8220;Registration Statement&#8221;) to be filed with the United States Securities and Exchange Commission under the Securities Act of 1933, as amended (the &#8220;1933 Act&#8221;), for the registration of 700,000 shares (the &#8220;Shares&#8221;) of Common Stock, par value $0.01, of Natural Alternatives International, Inc., a Delaware corporation (the &#8220;Company&#8221;), issuable under the Company&#8217;s 2020 Omnibus Incentive Plan (the &#8220;Plan&#8221;).</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">You have requested our opinion as to the matters set forth below in connection with the Registration Statement. For purposes of rendering that opinion, we have examined the Registration Statement, the Company&#8217;s Amended and Restated Certificate of Incorporation, as amended, the Company&#8217;s Bylaws, a certain &#8220;good standing&#8221; certificate with respect to the Company, dated March 2, 2021, issued by the Office of the Secretary of State of the State of Delaware, the Plan, the corporate action of the Company that provides for the issuance of the Shares, and a signed Officer's Certificate from certain officers of the Company, dated March 8, 2021, as to certain factual matters relevant to our opinion, and we have made such other investigation as we have deemed appropriate. We have examined and relied upon certificates of public officials and, as to certain matters of fact that are material to our opinion, we have also relied on a certificate of an officer of the Company. In rendering our opinion, we also have made the assumptions that are customary in opinion letters of this kind. We have not verified any of those assumptions.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">Our opinion set forth below is limited to the Delaware General Corporation Law, including the applicable provisions of the Delaware Constitution and reported judicial decisions interpreting those laws.</p>

<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify; text-indent: 36pt;">&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">Based upon and subject to the foregoing, it is our opinion that the Shares are duly authorized for issuance by the Company and, when issued and paid for as described in the Plan included in the Registration Statement, will be validly issued, fully paid, and nonassessable.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;">We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. In giving our consent we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the 1933 Act or the rules and regulations thereunder.</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Very truly yours,</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<div><img alt="fisherbroylessig.jpg" src="fisherbroylessig.jpg"></div>

<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin: 0">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">FisherBroyles daf/klg</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><meta charset="utf-8"><meta name="format-detection" content="telephone=no"><!--Created on 3/8/2021 11:49:26 AM --><meta name="generator" content="RDG HTML Converter 3.4.3.0"></p>

<hr style="height: 1px; color: #000000; background-color: #000000; width: 100%; border: none; margin: 3pt 0">
<p style="font-family: Times New Roman; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">ATLANTA&nbsp;&nbsp; |&nbsp;&nbsp; AUSTIN&nbsp;&nbsp; |&nbsp;&nbsp; BOSTON&nbsp;&nbsp; |&nbsp;&nbsp; CHARLOTTE&nbsp;&nbsp; |&nbsp;&nbsp; CHICAGO&nbsp;&nbsp; |&nbsp;&nbsp; CINCINNATI&nbsp;&nbsp; |&nbsp;&nbsp; CLEVELAND&nbsp;&nbsp; |&nbsp;&nbsp; COLUMBUS&nbsp;&nbsp; |&nbsp;&nbsp; DALLAS</p>

<p style="font-family: Times New Roman; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">DENVER&nbsp;&nbsp; |&nbsp;&nbsp; DETROIT&nbsp;&nbsp; |&nbsp;&nbsp; HOUSTON&nbsp;&nbsp; |&nbsp;&nbsp; LONDON&nbsp;&nbsp; |&nbsp;&nbsp; LOS ANGELES&nbsp;&nbsp; |&nbsp;&nbsp; MIAMI&nbsp;&nbsp; |&nbsp;&nbsp; NAPLES&nbsp;&nbsp; |&nbsp;&nbsp; NEW YORK&nbsp;&nbsp; |&nbsp;&nbsp; PALO ALTO</p>

<p style="font-family: Times New Roman; font-size: 9pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">PHILADELPHIA&nbsp;&nbsp; |&nbsp;&nbsp; PRINCETON&nbsp;&nbsp; |&nbsp;&nbsp; SALT LAKE CITY&nbsp;&nbsp; |&nbsp;&nbsp; SEATTLE&nbsp;&nbsp; |&nbsp;&nbsp; WASHINGTON D.C.</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt 0pt 0pt 8pt;">&nbsp;</p>

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<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>3
<FILENAME>ex_232453.htm
<DESCRIPTION>EXHIBIT 23.1
<TEXT>
<html><head><meta charset="utf-8"><meta name="format-detection" content="telephone=no"><!--Created on 3/8/2021 11:45:45 AM --><meta name="generator" content="RDG HTML Converter 3.4.3.0">
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<p style="margin-bottom: 0; text-align: right; margin-top: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt"><b>Exhibit 23.1</b></font></p>

<p style="margin-bottom: 0; text-align: left; margin-top: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM </b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">We consent to the incorporation by reference in this Registration Statement on Form S-8 of Natural Alternatives International, Inc. (the &#8220;Company&#8221;) to be filed on or about March 8, 2021 of our report dated September 21, 2020, relating to our audit of the Company&#8217;s consolidated financial statements which appears in the Company&#8217;s Annual Report (Form 10-K) for the year ended June 30, 2020, filed with the Securities and Exchange Commission.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<td valign="top" width="35%">
			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt">/s/ <i>Haskell &amp; White</i></p>
			</td>
			<td valign="top" width="12%">
			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
			</td>
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			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
			</td>
			<td valign="top" width="12%">
			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
			</td>
		</tr>
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			<td valign="top" width="50%">
			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
			</td>
			<td valign="top" width="3%">
			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
			</td>
			<td valign="top" width="35%">
			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt">HASKELL &amp; WHITE LLP</p>
			</td>
			<td valign="top" width="12%">
			<p style="margin-top: 0; margin-bottom: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>
			</td>
		</tr>

</table>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">San Diego, California</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">March 8, 2021</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">&nbsp;</p>

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