---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-21-014866"
form_type: "8-K"
ticker: "NOTV"
cik: "0000720154"
company_name: "Inotiv, Inc."
filed_at: "2021-11-05T23:59:59+00:00"
generated_at: "2026-06-28T12:24:42.197355+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Inotiv closes $271M+stock acquisition of Envigo, adds $200M credit facility

## Summary
- Acquired Envigo for $271M cash (incl. $13M WC adj. & $48M cash adj.) plus 9,036,538 common shares.
- Entered $165M term loan, $35M delayed draw, $15M revolver with Jefferies Finance; maturity Nov 2026.
- Dismissed auditor RSM (effective after FY21 audit) and engaged Ernst & Young for FY22.
- Board expanded to 7; Richard Johnson resigned, Nigel Brown and Scott Cragg appointed.
- Shareholders approved increase in authorized shares to 75M and issuance of shares for merger.

## SEC filing metadata
- accession: 0001558370-21-014866
- form_type: 8-K
- ticker: NOTV
- cik: 0000720154
- company_name: Inotiv, Inc.
- filed_at: 2021-11-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 4.01, 5.02, 5.03, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720154/000155837021014866/0001558370-21-014866-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720154/000155837021014866/notv-20211102x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-21-014866
- JSON: https://secwatch.observer/filing/0001558370-21-014866.json
- Plain text: https://secwatch.observer/filing/0001558370-21-014866.txt

## Key facts
- Executive change
  Nigel Brown was appointed as Director at Inotiv, Inc..
  - Action: appointed
  - Role: Director
  source text: On November 4, 2021, the Board of Directors of the Company (the “Board”) expanded the size of the Board to seven members and appointed Nigel Brown, Ph.D. and Scott Cragg to the Board pursuant to the terms of the Shareholders Agreement, which is described in detail in Item 1.01 above.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720154/000155837021014866/0001558370-21-014866-index.htm
- Executive change
  Richard A. Johnson resigned as Director at Inotiv, Inc..
  - Action: resigned
  - Role: Director
  source text: On November 5, 2021, Richard A. Johnson, Ph.D. tendered his resignation as a director of the Company, to be effective automatically upon notice to Dr. Johnson from the Company that the Board is prepared to elect the Approved Director as provided in the Shareholders Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720154/000155837021014866/0001558370-21-014866-index.htm
- Executive change
  Scott Cragg was appointed as Director at Inotiv, Inc..
  - Action: appointed
  - Role: Director
  source text: On November 4, 2021, the Board of Directors of the Company (the “Board”) expanded the size of the Board to seven members and appointed Nigel Brown, Ph.D. and Scott Cragg to the Board pursuant to the terms of the Shareholders Agreement, which is described in detail in Item 1.01 above.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720154/000155837021014866/0001558370-21-014866-index.htm

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