Inotiv gets temporary waiver of liquidity covenant

Inotiv, Inc. reports that its lenders have granted a waiver of the minimum liquidity covenant under its existing Credit Agreement.

Rhea-AI Filing Summary

Inotiv, Inc. reports that its lenders have granted a waiver of the minimum liquidity covenant under its existing Credit Agreement. The waiver applies only to the liquidity test dates of April 3, 2026 and April 10, 2026. The company states that no other provisions of the Credit Agreement were amended by this limited waiver.

Positive

• None.

Negative

• Minimum liquidity covenant waiver suggests pressure: Lenders granted only a limited waiver of the minimum liquidity covenant for the April 3 and April 10, 2026 test dates, indicating the company faced difficulty meeting that requirement and highlighting elevated liquidity and financing risk.

Insights

Credit & covenant risk analyst

Lenders granted a narrow liquidity covenant waiver, signaling elevated financing risk.

Lenders under Inotiv’s existing Credit Agreement granted a waiver of the minimum liquidity covenant for only two specific liquidity test dates, April 3 and April 10, 2026. This implies the company was at risk of not meeting that requirement on those dates.

Because the waiver is explicitly limited to those tests and does not amend any other Credit Agreement terms, the overall covenant framework remains intact. Future compliance will still be measured under the original agreement, so recurring waivers or later amendments would matter for assessing ongoing financial flexibility.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Key Terms

Credit Agreement, minimum liquidity covenant, liquidity test date

3 terms

Credit Agreement financial

"the Credit Agreement, dated as of November 5, 2021, among Inotiv, Inc."

A credit agreement is a written loan contract between a borrower and a bank or other lender that lays out how much money can be borrowed, the interest rate, repayment schedule, fees, and the rules the borrower must follow. For investors, it matters because those terms affect a company’s cash costs, borrowing flexibility and risk of default — similar to how a mortgage’s rules determine a homeowner’s monthly budget and freedom to make changes.

minimum liquidity covenant financial

"granted a waiver of the minimum liquidity covenant under the Credit Agreement"

A minimum liquidity covenant is a clause in a loan or bond agreement that requires the borrower to keep a certain amount of cash or easily sold assets on hand, like an agreed emergency fund. It matters to investors because it protects lenders and other creditors by reducing the chance of missed payments; falling below the required level can trigger penalties, default, or demands for extra collateral, which can affect a company’s borrowing costs and equity value.

liquidity test date financial

"for the April 3, 2026 liquidity test date and the April 10, 2026 liquidity test date"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Inotiv, Inc. (NOTV) disclose in its latest 8-K filing?

Inotiv, Inc. disclosed that lenders under its Credit Agreement granted a waiver of the minimum liquidity covenant. The waiver applies only to the liquidity test dates of April 3, 2026 and April 10, 2026 and does not amend other provisions.

Which covenant under Inotiv’s Credit Agreement was waived?

Lenders granted a waiver of the minimum liquidity covenant under Inotiv’s Credit Agreement. This waiver was narrowly tailored and applied only to the April 3, 2026 and April 10, 2026 liquidity test dates specified in the disclosure.

Does the covenant waiver change other terms of Inotiv’s Credit Agreement?

No, the company states that none of the other provisions of the Credit Agreement were amended. The waiver is described as limited solely to the minimum liquidity covenant for the April 3, 2026 and April 10, 2026 liquidity test dates.

For which dates did Inotiv receive a minimum liquidity covenant waiver?

Inotiv received a waiver of its minimum liquidity covenant for the April 3, 2026 liquidity test date and the April 10, 2026 liquidity test date. The disclosure emphasizes that the waiver is restricted to these specific dates only.

Who are the parties to Inotiv’s Credit Agreement referenced in the waiver?

The Credit Agreement is among Inotiv, Inc., certain of its subsidiaries, and the lenders party to the agreement. It was originally dated November 5, 2021 and has been amended, with the recent waiver focused on the minimum liquidity covenant for two liquidity test dates.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/06/2026 - 07:14 PM Learn about SEC filing dates

0000720154FALSE00007201542026-04-062026-04-06

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): April 6, 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 April 6, 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 April 3, 2026 liquidity test date and the April 10, 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:			April 6, 2026			By:			/s/ Beth A. Taylor
									Chief Financial Officer,
									Executive Vice President

Filing Exhibits & Attachments

3 documents

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