• Inotiv entered a ninth amendment to its credit agreement on May 14, 2026, adding a USD 40 million delayed-draw term loan bridge facility.
• Borrowed USD 27.5 million at closing, repaying about USD 14.3 million of outstanding revolving loans, accrued interest, and deferred fees; revolving commitments were terminated.
• Proceeds are earmarked for working capital, fees tied to the amendment, and to support a strategic alternatives process under specified milestones.
• Bridge facility obligations are guaranteed by subsidiary guarantors, secured by substantially all company assets; repayments cannot be reborrowed.
• Amendment eased near-term covenant pressure, including temporary relief on leverage and fixed-charge tests, a liquidity covenant holiday through June 29, 2026, and a cross-default waiver tied to a missed convertible senior notes interest payment through June 3, 2026.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-063032), on May 18, 2026, and is solely responsible for the information contained therein.