What was the original draw amount reported and what is the corrected draw amount on the revolving credit facility? | NOTV (Aug 07, 2025) | Candlesense

What was the original draw amount reported and what is the corrected draw amount on the revolving credit facility?

Answer

The brief you provided tells us that Inotiv, Inc. issued a correction to the “draw amount” it had previously announced for its revolving credit facility, but it does not include the actual numbers – neither the original amount that was first reported nor the revised (corrected) amount.

Item Value (as per the information you shared)
Original draw amount (as originally reported) Not specified in the summary
Corrected draw amount (as per the correction notice) Not specified in the summary

What this means

  • The press‑release headline (“Inotiv Reports Third Quarter Financial Results for Fiscal 2025 and Provides Business Update”) and the fact that a correction was issued are confirmed, but the quantitative details of the draw request were omitted from the excerpt you posted.
  • To obtain the exact figures you would need to consult the full corrected press release (the “corrected release follows” mentioned in the summary) or the original release that contained the erroneous figure. Those documents are typically posted on Inotiv’s investor‑relations website, on the NASDAQ newswire, or through the same newswire service (GlobeNewswire) that distributed the announcement.

How to locate the numbers

  1. Visit Inotiv’s Investor Relations page – Look for the press‑release dated August 6 2025 titled “Inotiv Reports Third Quarter Financial Results for Fiscal 2025 and Provides Business Update.” There should be a downloadable PDF or HTML version of the original release and a separate “Correction” notice.
  2. Search GlobeNewswire – Use the news identifier (e.g., the release ID or the ticker NOTV) and filter by the date 2025‑08‑07 (the time the correction was published). The corrected release will list the accurate draw amount.
  3. SEC filings – Companies often file a Form 8‑K for material press‑release corrections. Search the SEC’s EDGAR database for Inotiv’s filings around early August 2025; the amendment will contain the corrected figure and may reference the original number.

Why the numbers matter

  • Liquidity assessment – The size of the draw against a revolving credit facility directly affects Inotiv’s cash position, debt covenant compliance, and overall liquidity profile for the quarter.
  • Investor perception – A correction can signal that the company is actively monitoring its financing activities and strives for transparency, but the magnitude of the change (e.g., a $1 M vs. a $10 M adjustment) can influence how analysts view the company’s cash‑flow expectations.

Bottom line

Based solely on the excerpt you shared, we cannot state the exact original or corrected draw amounts. To answer the question definitively, you’ll need to retrieve the full corrected press release (or the associated SEC filing) where Inotiv explicitly lists the corrected draw figure and, typically, the original amount it is amending. Once those documents are in hand, the two numbers will be clear.