Inotiv, Inc. 8-K
Accession 0001628280-26-001160
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 4:06 PM ET
Size
138.4 KB
Accession
0001628280-26-001160
Research Summary
AI-generated summary of this filing
Inotiv, Inc. Receives Nasdaq Notice Over Minimum $1.00 Bid Price
What Happened On December 31, 2025, Inotiv, Inc. announced it received a written notice from The Nasdaq Stock Market LLC stating its common stock failed to maintain the $1.00 minimum closing bid required by Nasdaq Listing Rule 5550(a)(2) for 30 consecutive business days. The notice does not have an immediate effect on the listing or trading of the shares. Nasdaq gave an initial 180-calendar-day compliance period through June 29, 2026 for the company to regain compliance (closing at $1.00 or more for at least 10 consecutive business days). The company filed the 8-K on January 7, 2026 and said it will monitor the bid price and evaluate options to regain compliance.
Key Details
- Notice received: December 31, 2025; 8-K filed January 7, 2026.
- Nasdaq rule cited: Listing Rule 5550(a)(2) (minimum $1.00 bid price).
- Compliance timeline: initial 180 days until June 29, 2026; regaining compliance requires ≥$1.00 closing price for 10 consecutive business days.
- If not regained, the company may be eligible for a second 180-day period at Nasdaq’s discretion; the notice does not immediately affect trading.
Why It Matters A failure to meet Nasdaq’s minimum bid price requirement can lead to delisting proceedings if not cured, which could reduce the stock’s liquidity and negatively affect shareholder value. Investors should note the specific timelines and that the company has acknowledged the notice and will consider options to regain compliance, but stated there is no assurance it will succeed within the given period.
Documents
- 8-Knotv-20251231.htmPrimary
8-K
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Issuer
Inotiv, Inc.
CIK 0000720154
Related Parties
1- filerCIK 0000720154
Filing Metadata
- Form type
- 8-K
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 4:06 PM ET
- Size
- 138.4 KB