Sponsors
Billabong ▲ +0.015 | PPR ▲ +0.40 | American Apparel ▼ -0.004 | The Buckle ▼ -0.55 | Columbia ▲ +0.10 | Deckers Outdoor ▼ -2.59 | Dicks ▲ +0.36 | Foot Locker ▲ +0.79 | Genesco ▼ -1.34 | Iconix Brand Group ▼ -0.13 | Jarden Corp ▲ +1.13 | Nordstrom ▲ +0.65 | Luxottica ▲ +1.62 | Nike ▲ +0.14 | Pacific Sunwear ▼ -0.07 | Skullcandy ▼ -0.20 | Sport Chalet - 0 | Urban Outfitters ▼ -4.94 | VF Corp ▼ -0.22 | Quiksilver ▼ -0.09 | Zumiez ▼ -0.81 | Macys ▼ -0.36 | Tillys ▼ -0.25 |
Readers Say
The first thing I look at
The first thing I look at

I find Shop-Eat-Surf to be a very useful and informative site that I enjoy browsing daily. Shop-Eat-Surf is the first thing I look at every morning to keep up-to-date on the latest talk, events, and happenings in the industry. I must say I am a fan of Shop-Eat-Surf.

- By Bobby Abdel, Partner, Jack's Surfboards
The most up-to-date information
The most up-to-date information

“Shop-Eat-Surf is a great source for the most up to date information of what is going on in our industry. I always enjoy reading the articles and appreciate the effort from Tiffany and her team."

- By Richard Woolcott, CEO and Founder, Volcom
Industry Insight

4 reasons for B2B companies to embrace ecomm from NuORDER. Invitation to PROCOPIO's Labor and Employment Law seminar.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Orange 21 changes name to Spy Inc.

By Press Releases
February 10, 2012 11:28 AM

Press Release:

 

Orange 21 Announces Corporate Name Change to SPY Inc., Stock Symbol Change to "XSPY"

So Calif. Eyewear Co. Punctuates Focus on Core Brand With Eponymous Return

CARLSBAD, CA, Feb 10, 2012 (MARKETWIRE via COMTEX) --Orange 21 Inc. (OTCBB: ORNG) today announced that it has changed its corporate name to SPY Inc. effective Feb. 15, 2012 and has received preliminary approval to change its stock symbol to "XSPY" (OTCBB: XSPY) effective that same date.

 

On Feb. 6, 2012, Orange 21 Inc., a Delaware corporation, filed a Certificate of Ownership and Merger to effect a merger of the Company's wholly-owned subsidiary, SPY Inc., with and into the Company, and to change the Company's legal name to "SPY Inc.," effective Feb. 15, 2012.

 

Also on Feb. 15, 2012, the Second Amended and Restated Bylaws of the Company reflecting the name change, as previously approved by the Company's board of directors, will become effective. Other than the name change, no changes will be made to the Company's bylaws in effect prior to Feb. 15, 2012.

 

"The changing of our Company name back to SPY harks to the business's renewed focus on its most important and valuable asset -- the SPY brand," says SPY CEO Michael Marckx. "The Company's design, marketing, financial resources and psychic energy are now singularly concentrated on SPY."

 

Orange 21 decided to cease any new purchase orders of additional inventory for the O'Neill(R), Melodies by MJB(R) or Margaritaville(R) brands in 2011 and sold-off interest in its former Italian-based manufacturing subsidiary, LEM, on Dec. 31, 2010.

 

In connection with the name change, SPY Inc. anticipates it will begin trading under the new ticker symbol "XSPY" on the OTC Bulletin Board on or about Feb. 15, 2012. The Company's common stock has been assigned a new CUSIP number of 85219W107 in connection with the name change, to be effective on Feb. 15, 2012.

 

Outstanding stock certificates for shares of the Company are not affected by the name change; they continue to be valid and need not be exchanged.

 

About SPY(R) Orange 21 Inc. designs, develops, markets and produces premium products for the action sports, motorsports, snowsports, cycling and multisport, ophthalmic, and lifestyle and fashion markets under the brands SPY(R), SPY Optic(TM), SPY Performance(TM) and SPY Rx(TM).

 

 

 

 


Articles You Might Have Missed