Inotiv Inc. (NOTV) Prices 2.647M Share Common Offering at $17/Sh

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Inotiv, Inc. Announces Pricing of Public Offering of 2,647,059 Common Shares

April 21, 2021 6:05 AM EDT

WEST LAFAYETTE, Ind., April 21, 2021 (GLOBE NEWSWIRE) -- Inotiv, Inc. (NASDAQ: NOTV) (the Company, We, Our or Inotiv), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services, today announced the pricing of an underwritten public offering of 2,647,059 of its common shares at a price to the public of $17.00 per share. The gross proceeds to the Company from this offering, before deducting the underwriting discount and offering expenses payable by the Company, are expected to be approximately $45.0 million. All of the shares are being offered by... More