{"url_path":"/sec/notv/8-k/2026-07-16/item-1-03","section_key":"item-1-03","section_title":"Item 1.03 Bankruptcy or Receivership.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-16","source_url":"https://www.sec.gov/Archives/edgar/data/720154/0001628280-26-048369-index.html","accession_number":"0001628280-26-048369","cik":"0000720154","ticker":"NOTV","issuer_name":"Inotiv, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/720154/0001628280-26-048369-index.html","primary_entity_key":"0000720154","primary_entity_name":"Inotiv, Inc."},"word_count":697,"has_tables":true,"body_markdown":"Item 1.03. Bankruptcy or Receivership.\n\nAs previously disclosed, on June 3, 2026 (the “Petition Date”), Inotiv, Inc. (the “Company”) and certain of its direct and indirect subsidiaries (collectively with the Company, the “Company Parties” or the “Debtors”) filed voluntary petitions commencing cases (the “Chapter 11 Cases”) under Chapter 11 of Title 11 of the United States Bankruptcy Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the “Bankruptcy Court”) to implement a prepackaged chapter 11 plan of reorganization, which plan was originally filed with the Bankruptcy Court on June 3, 2026, and subsequently amended and filed with the Bankruptcy Court on July 10, 2026 to reflect certain clarifying edits. The Chapter 11 Cases are being jointly administered under the caption In re Inotiv, Inc., et al. A summary of the material terms of the plan of reorganization and related matters is contained in the Company’s\n\n[Current Report on Form 8-K](https://www.sec.gov/Archives/edgar/data/720154/000110465926069950/tm2616729d1_8k.htm) filed with the SEC on June 3, 2026 and is incorporated herein by reference.\n\nConfirmation of Plan of Reorganization\n\nOn July 14, 2026, the Bankruptcy Court entered the Order (I) Approving Debtors’ Disclosure Statement on a Final Basis and (II) Confirming the Amended Joint Prepackaged Chapter 11 Plan of Reorganization of Inotiv, Inc. and its Affiliated Debtors (the “Plan”) (Docket No. 191) (the “Confirmation Order”) confirming the Plan. The Company expects that the effective date of the Plan will occur once all conditions precedent to the Plan have been satisfied or waived (the “Plan Effective Date”).\n\nThe Plan incorporates by reference certain documents filed with the Bankruptcy Court as part of the plan supplement, as the same have been amended from time to time prior to confirmation of the Plan and may be further amended prior to the Plan Effective Date or as otherwise set forth in the Plan (including the plan supplements) or the Confirmation Order. It is also possible that technical amendments could be made to the Plan prior to the Plan Effective Date.\n\nUntil the Plan Effective Date, the Company Parties continue to operate their business as “debtors-in-possession” under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court.\n\nThe material terms of the restructuring transactions that are set forth in the Plan, as confirmed by the Bankruptcy Court, were previously described under “Restructuring Support Agreement” in Item 1.01 on a [Current Report on Form 8-K](https://www.sec.gov/Archives/edgar/data/720154/000110465926069950/tm2616729d1_8k.htm) filed by the Company on June 3, 2026, which description is incorporated herein by reference. Such summary describes only certain material provisions of the Plan, does not purport to be complete and is qualified in its entirety by reference to the Plan, which is filed as Exhibit 2.2 to this Current Report on Form 8-K.\n\nAs of July 14, 2026, the Company had 35,172,908 shares of common stock issued and outstanding. Under the Plan, on the Plan Effective Date, all of the outstanding common shares and other equity interests of the Company will be canceled, and existing equity holders will not receive or retain any distribution, property, or other value on account of such interests. On the Plan Effective Date, or as promptly as practicable thereafter, the reorganized company intends to issue 5,100,000 shares of new equity interests to holders of the Company’s prepetition loans, secured notes and convertible notes, together with warrants exercisable for an additional 630,337 new equity interests, to be distributed as described in the Plan. The Company expects to emerge from the Chapter 11 Cases as a private company.\n\nInformation regarding the assets and liabilities of the Company as of March 31, 2026 can be found in the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2026, filed with the SEC on May 11, 2026.\n\nThe foregoing descriptions of the Plan and the Confirmation Order do not purport to be complete and are qualified in their entirety by reference to the Plan and the Confirmation Order. The Confirmation Order and the Plan are filed as Exhibit 2.1 and Exhibit 2.2, respectively, to this Current Report on Form 8-K (this “Current Report”), and are incorporated herein by reference."}