Inotiv Receives Covenant Waiver from Lenders for Liquidity Test Dates

Inotiv, Inc. filed an 8-K report on April 6, 2026, disclosing that the lenders under its Credit Agreement dated November 5, 2021, have granted a waiver of the minimum liquidity covenant for two specific test dates: April 3, 2026 and April 10, 2026. The waiver was limited to the liquidity covenant requirements for these specific dates only, and no other provisions of the Credit Agreement were amended. This indicates that Inotiv may have faced potential covenant compliance issues related to minimum liquidity requirements for these test periods. The company's lenders provided temporary relief by waiving the covenant requirements for these specific dates, allowing Inotiv to avoid potential default while maintaining the overall structure of the credit agreement unchanged.