Inotiv's Chapter 11 Plan Confirmed — Existing Equity to Be Cancelled, No Recovery for Shareholders
Summary
Inotiv's Chapter 11 plan was confirmed by the bankruptcy court. Existing equity will be cancelled with no distribution to shareholders. The company will emerge private, owned by its creditors.
Key Events · Legal and Risk Events · NOTV
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Plan Confirmation
The U.S. Bankruptcy Court confirmed Inotiv's Amended Joint Prepackaged Chapter 11 Plan of Reorganization on July 14, 2026.
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Existing Equity Cancelled
All 35,172,908 outstanding common shares will be cancelled on the Plan Effective Date. Existing equity holders will receive no distribution, property, or other value.
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New Equity Issued to Creditors
The reorganized company will issue 5,100,000 new equity interests to holders of prepetition loans, secured notes, and convertible notes, plus warrants for an additional 630,337 shares.
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Emergence as Private Company
Inotiv expects to emerge from Chapter 11 as a private company, delisted from Nasdaq and no longer subject to SEC reporting requirements.
Analysis · NOTV · Industrial Applications And Services
The bankruptcy court confirmed Inotiv's prepackaged Chapter 11 plan on July 14, 2026. Under the plan, all existing common shares will be cancelled and existing equity holders will receive nothing. The reorganized company will issue 5.1 million new equity interests plus warrants to creditors, and will emerge as a private company. This is the final step in the restructuring process that began with the Chapter 11 filing on June 3, 2026. For current shareholders, this means a total loss of their investment.
At the time of this filing, NOTV was trading at $0.08 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $2.8M. This filing was assessed with negative market sentiment and an importance score of 10 out of 10.