---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-001503"
form_type: "8-K"
ticker: "NOTV"
cik: "0000720154"
company_name: "Inotiv, Inc."
filed_at: "2023-01-05T23:59:59+00:00"
generated_at: "2026-06-20T19:58:18.624032+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Inotiv amends credit agreement, extends FY2022 audit deadline; revolving credit frozen until conditions met

## Summary
- Second Amendment extends deadline to provide audited FY2022 financials to Jan. 13, 2023 or 10-K filing date.
- New monthly reporting: unaudited balance sheet, income statement, cash flows, 13-week cash flow forecast, KPI report.
- Company must appoint a financial advisor by Jan. 13, 2023; lenders can require advisor meetings for six months.
- Revolving credit access blocked until audited FY2022 financials delivered and no Material Adverse Effect is certified.
- Ongoing discussions for further amendments due to issues with non-human primates imported from Cambodia.

## SEC filing metadata
- accession: 0001104659-23-001503
- form_type: 8-K
- ticker: NOTV
- cik: 0000720154
- company_name: Inotiv, Inc.
- filed_at: 2023-01-05T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720154/000110465923001503/0001104659-23-001503-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720154/000110465923001503/tm231581d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-001503
- JSON: https://secwatch.observer/filing/0001104659-23-001503.json
- Plain text: https://secwatch.observer/filing/0001104659-23-001503.txt

## Key facts
- Material Agreements
  Inotiv, Inc. amended Second Amendment to Credit Agreement with the lenders party thereto and Jefferies Finance LLC, as administrative agent (effective 2022-12-29).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: the lenders party thereto and Jefferies Finance LLC, as administrative agent
  - Effective: 2022-12-29
  source text: On December 29, 2022, Inotiv, Inc. (the “Company”), certain subsidiaries of the Company (the “Subsidiary Guarantors”), the lenders party thereto, and Jefferies Finance LLC, as administrative agent (the “Agent”), entered into a Second Amendment (“Amendment”) to the Credit Agreement, dated November 5, 2021, as amended by that First Amendment on January 27, 2022 (as amended, the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/720154/000110465923001503/0001104659-23-001503-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.