Inotiv, Inc. (NOTV) Form 8-K — Jun 1, 2026
Inotiv, Inc. disclosed on May 28, 2026, that it failed to make a required interest payment of approximately $2.14 million on its $140 million 3.25% Convertible Senior Notes due 2027. The company was originally required to pay the interest on April 15, 2026, but missed the deadline, triggering a default provision under the indenture. To avoid an immediate default, Inotiv secured consent from holders of a majority of the outstanding notes to execute a Second Supplemental Indenture.
Key figures
- Debt Amount
- 140000000
- Interest Rate
- 3.25
- Maturity Date
- 2027
- Grace period end date
- 2026-06-05
- Grace period extension days
- 51
AI analysis
Red flags4 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.