Get notified when NOTV files again. Create a free account and we'll email you the moment its next filing is analyzed.

Get filing alerts

Critical incident detected

Existential event · Existential event

Time-sensitive event — see the red-flag panel below for the source-quoted detail.

Red Flags Detected

  • Debt Default (new) — Company failed to make $2.139M interest payment on convertible notes and negotiated grace period extension to May 29, 2026.
  • Covenant Violation (new) — Lenders excluded Q1 2026 leverage ratio testing and suspended liquidity covenant through June 29, indicating potential breach risk.
  • Bankruptcy (new) — Executive retention plan explicitly contemplates Chapter 11 bankruptcy filing as potential outcome of strategic alternatives exploration.
NASDAQ: NOTV Inotiv, Inc. 8-K

Inotiv secures $40M bridge loan amid missed debt payment, explores strategic alternatives

Filed May 18, 2026 · Period ending May 13, 2026 · ~1 min read

Key Changes

  • high

    Company missed $2.1M interest payment on convertible notes due April 15, negotiated grace period extension to May 29. Lenders granted temporary waiver to prevent cross-default on credit facility.

    Item 1.01, 8.01 verify on EDGAR →
  • high

    Obtained $40M bridge facility, immediately borrowed $27.5M to repay revolving loans. Lenders waived Q1 2026 covenant testing and suspended liquidity requirements through June 29, signaling compliance risk.

    Item 1.01 verify on EDGAR →
  • high

    Board formed Special Committee with exclusive authority to explore recapitalization, restructuring, or other strategic alternatives. Must execute transaction support agreement by June 3, 2026 or obtain lender waiver.

    Item 5.02 verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

Read 3 full reports/month free No card required. Takes 30 seconds.

Want to see a complete report first? Today's free report (ADMT 10-K) is open in full — no account needed.

Partner

Trade NOTV commission-free

Open an account, get a free stock.

Sign up

Investing involves risk. Free stock terms apply.

Was this report useful?
View original filing on SEC.gov

Source-verified from EDGAR · Narrative written by AI · May 19, 2026 · How we verify