Lenders grant Inotiv (NASDAQ: NOTV) brief liquidity covenant waiver

Rhea-AI Filing Summary

Inotiv, Inc. reports that its lenders granted a waiver of the minimum liquidity covenant in its Credit Agreement for the March 6, 2026 and March 13, 2026 liquidity test dates. The waiver applies only to this specific covenant on those dates, and no other Credit Agreement terms were amended.

This temporary waiver means lenders agreed not to enforce the usual minimum liquidity requirement on those test dates, providing short-term flexibility while keeping the broader financing arrangement in place.

Positive

• None.

Negative

• Lenders needed to waive a minimum liquidity covenant for the March 6 and March 13, 2026 test dates, which signals tighter conditions around Inotiv’s liquidity and closer lender oversight, even though the rest of the Credit Agreement remains unchanged.

Insights

Credit & capital structure analyst

Short-term liquidity covenant waiver offers brief relief but flags tighter monitoring of Inotiv’s liquidity.

The lenders under Inotiv’s November 5, 2021 Credit Agreement granted a waiver of the minimum liquidity covenant for the liquidity test dates of March 6, 2026 and March 13, 2026. This focuses solely on one covenant and does not change any other provisions.

Waivers of minimum liquidity covenants typically arise when a borrower is close to, or at risk of, failing the required threshold. Here, lenders chose cooperation over immediate remedies, preserving the existing credit structure unchanged beyond the specified dates.

The narrow scope and short duration suggest lenders are closely watching liquidity while maintaining support. Future disclosures in company filings will be important to understand whether covenant compliance normalizes after the waived March 2026 test dates.

0000720154FALSE00007201542026-03-092026-03-09

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 9, 2026

INOTIV, INC.

(Exact name of registrant as specified in its charter)

Indiana

0-23357

35-1345024

(State or other jurisdiction of  incorporation)

(Commission File Number)

(IRS Employer Identification No.)

2701 KENT AVENUE WEST LAFAYETTE,INDIANA						47906-1382
(Address of principal executive offices)						(Zip Code)

Registrant's telephone number, including area code: (765) 463-4527

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange  on which registered

Common Shares

NOTV

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

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 13(a) of the Exchange Act. o

Item 8.01. Other Events.

On March 9, 2026, the lenders under the Credit Agreement, dated as of November 5, 2021, among Inotiv, Inc., certain of its subsidiaries and the lenders party thereto (as amended, the “Credit Agreement”) granted a waiver of the minimum liquidity covenant under the Credit Agreement for the March 6, 2026 liquidity test date and the March 13, 2026 liquidity test date. The waiver was limited to such liquidity covenant for the indicated test dates, and none of the provisions of the Credit Agreement were amended thereby.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

						INOTIV, INC.
Date:			March 10, 2026			By:			/s/ Beth A. Taylor
									Chief Financial Officer,
									Executive Vice President

FAQ

What did Inotiv, Inc. (NOTV) announce in this 8-K filing?

Inotiv announced that its lenders granted a waiver of the minimum liquidity covenant in its Credit Agreement for the March 6 and March 13, 2026 liquidity test dates. The waiver is narrow and does not amend any other Credit Agreement provisions.

Which covenant was waived for Inotiv, Inc. (NOTV) and for what dates?

Lenders waived Inotiv’s minimum liquidity covenant under the existing Credit Agreement for the March 6, 2026 and March 13, 2026 liquidity test dates. The waiver is strictly limited to that specific covenant and those two testing dates only.

Does the Inotiv (NOTV) liquidity waiver change other Credit Agreement terms?

No. The waiver granted by Inotiv’s lenders applies only to the minimum liquidity covenant for the specified March 2026 test dates. The company states that no other provisions of the November 5, 2021 Credit Agreement were amended in connection with this waiver.

Who are the parties to Inotiv’s (NOTV) Credit Agreement referenced here?

The Credit Agreement referenced is dated November 5, 2021 and is among Inotiv, Inc., certain of its subsidiaries, and the lenders party to that agreement. Those lenders are the ones who granted the limited waiver of the minimum liquidity covenant for March 2026 test dates.

Why is the Inotiv (NOTV) minimum liquidity covenant waiver notable for investors?

The waiver shows lenders agreed not to enforce Inotiv’s minimum liquidity requirement on two March 2026 test dates, offering short-term flexibility. It also highlights that lenders are actively engaged with the company’s liquidity position while keeping the broader Credit Agreement intact.

Filing Exhibits & Attachments

3 documents

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