Inotiv files Chapter 11 bankruptcy, existing shareholders to be wiped out with zero recovery

Filed June 3, 2026 · Period ending June 2, 2026 · ~1 min read

Key Changes

• high

  All existing Inotiv shares will be cancelled with no distribution to current shareholders when the bankruptcy plan becomes effective. The company explicitly warns shareholders face total loss on their investment.

  Item 1.01: Equity Cancellation verify on EDGAR →
• high

  Inotiv filed voluntary Chapter 11 bankruptcy on June 3, 2026 under a pre-negotiated restructuring agreement with lenders. First lien creditors will receive 93% of new equity in the reorganized company.

  Item 1.01: Restructuring Agreement verify on EDGAR →
• high

  The bankruptcy filing triggered immediate default and acceleration of all debt obligations including the first lien credit agreement, PIK notes, and convertible notes, though creditor enforcement is stayed during proceedings.

  Item 1.03: Debt Default verify on EDGAR →