other material
confidence high
sentiment positive
materiality 0.95
Inotiv bankruptcy court confirms Chapter 11 plan; existing equity to be canceled
Inotiv, Inc.
- Bankruptcy court confirmed plan on July 14, 2026; company expects to emerge shortly as private company.
- All 35,172,908 outstanding common shares canceled; existing equity holders receive no distribution.
- New equity of 5,100,000 shares and warrants for 630,337 shares to be issued to prepetition lenders.
- Stakeholders managing over $60B in assets provided additional capital to support restructuring.
- Common stock delisted from Nasdaq on July 10, 2026; now trades OTC under symbol NOTVQ.