Liquidity covenant waiver for Inotiv (NASDAQ: NOTV) covers April test dates
Inotiv, Inc. (NASDAQ: NOTV) has received a short-term waiver from its lenders for the minimum liquidity covenant under its Credit Agreement. This waiver specifically applies to the liquidity test dates of April 17, 2026, and April 24, 2026, and does not amend any other provisions of the Credit Agreement. The action suggests near-term support from lenders, despite potential underlying liquidity pressures.
MAR 24·Investing.com▼
Inotiv receives waiver of minimum liquidity covenant for March test dates
Inotiv, Inc. (NASDAQ: NOTV) announced that its lenders have granted a waiver of the minimum liquidity covenant under its Credit Agreement for the March 20 and March 27, 2026 liquidity test dates. This waiver is limited to the specific test dates and does not amend other provisions of the agreement. The news follows Inotiv's Q1 2026 earnings missing market expectations and a reported cybersecurity breach.
MAR 24·TipRanks→
Inotiv Secures Short-Term Liquidity Covenant Waiver From Lenders
Inotiv (NOTV) has secured a short-term waiver from its lenders for a minimum liquidity covenant, covering March 20 and March 27, 2026. This waiver provides temporary financial flexibility by avoiding an immediate potential breach of terms, while broad lending conditions remain unchanged. Spark, TipRanks' AI Analyst, rates NOTV as Neutral due to weak financial quality but notes operational momentum in DSA as a positive.
