Inotiv files prepackaged Chapter 11 to cut debt by about $326 million

Inotiv

Inotiv

NOTV

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  • Inotiv filed a voluntary, prepackaged Chapter 11 case in the U.S. Bankruptcy Court for the Southern District of Texas under a restructuring support agreement.
  • Recapitalization targets about $326 million of debt reduction, aiming to exit Chapter 11 on an expedited timeline.
  • Liquidity support includes commitments for $25 million of new money debtor-in-possession financing, following $40 million of bridge financing in May.
  • Normal operations expected to continue, supported by court motions to keep paying vendors, suppliers, wages, and employee benefits in the ordinary course.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Inotiv Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260602272707) on June 03, 2026, and is solely responsible for the information contained therein.

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