$NOTV·8-K

Inotiv, Inc. · Mar 10, 8:13 AM ET

Inotiv, Inc. 8-K

Research Summary

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Updated

Inotiv, Inc. Granted Waiver of Minimum Liquidity Covenant

What Happened
Inotiv, Inc. (NOTV) filed an 8-K (Item 8.01) reporting that on March 9, 2026 the lenders under its Credit Agreement granted a waiver of the minimum liquidity covenant for the March 6, 2026 and March 13, 2026 liquidity test dates. The Credit Agreement was originally dated November 5, 2021. The waiver was limited to that specific covenant and those test dates; no other provisions of the Credit Agreement were amended.

Key Details

  • Waiver granted by the lenders on March 9, 2026.
  • Covered liquidity test dates: March 6, 2026 and March 13, 2026.
  • Credit Agreement date: November 5, 2021 (as amended).
  • Waiver limited to the minimum liquidity covenant for those test dates; the Credit Agreement was not otherwise amended.

Why It Matters
A lender waiver of a liquidity covenant prevents an immediate covenant breach for the specified test dates, providing Inotiv temporary relief from that particular contractual requirement. For investors, this is a signal to monitor the company’s upcoming liquidity disclosures and any future amendments or additional waivers, since recurring waivers could indicate ongoing cash or financing pressures.

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