{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-109709","form_type":"8-K","ticker":"NOTV","cik":"0000720154","company_name":"Inotiv, Inc.","filed_at":"2022-10-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.353104+00:00","generated_at":"2026-06-23T03:08:16.186627+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Inotiv borrows full $35M delayed draw term loan at initial rate of 9.75%","bullets":["Borrowed entire $35.0M delayed draw term loan under existing credit agreement.","Interest rate: LIBOR + 6.00-6.50% margin; initial rate 9.75% (LIBOR 3.50% + 6.25%).","Required annual principal payment of 1% of original amount; maturity Nov 5, 2026.","Financial covenants: max Secured Leverage Ratio 4.25x stepping down to 3.00x by Mar 2025; min Fixed Charge Coverage 1.00x (first year) then 1.10x.","Loan secured by all assets of company and subsidiaries; guaranteed by subsidiary guarantors."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-109709","json":"https://secwatch.observer/filing/0001104659-22-109709.json","markdown":"https://secwatch.observer/filing/0001104659-22-109709.md","text":"https://secwatch.observer/filing/0001104659-22-109709.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/720154/000110465922109709/0001104659-22-109709-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/720154/000110465922109709/tm2228406d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T03:08:16.186627+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}