Inotiv, Inc. (NOTV) Form 8-K — Jun 8, 2026
$NOTVForm 8-KItems 1.01, 2.03, 3.01, 9.01Filed Jun 8, 2026, 5:02 PM ET0001628280-26-041667Original filing
Inotiv, Inc. (NOTV) has entered into a $65.5 million superpriority secured debtor-in-possession (DIP) credit facility following its voluntary Chapter 11 bankruptcy filing on June 3, 2026. The facility consists of $25 million in new money term loans and a $40.5 million roll-up of prepetition bridge loans, bearing interest at Adjusted Term SOFR plus 11.5% paid in kind. Nasdaq has notified Inotiv that its common shares will be delisted effective June 11, 2026, due to the bankruptcy proceedings.
Key figures
- Debt Amount
- 65500000
- New Money Term Loans
- 25000000
- Exit Term Loan Capacity
- 150000000
- Dip Interest Rate Margin
- 11.5% over Adjusted Term SOFR
- Dip Upfront Premium Roll Up
- 3.5%
- Minimum Liquidity Covenant
- 5000000
- Dip Upfront Premium New Money
- 4.5%
AI analysis
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