** Inotiv Inc's shares down 13.5% to $4.80 post-market as contract research firm looks to raise equity ** West Lafayette, Indiana-based co launches $20 mln stock offering, per the SEC filing
** Co to use net proceeds for working capital, capex and other general purposes
** Lake Street Capital sole bookrunner
** NOTV has ~26 mln shares outstanding giving co ~$144 mln market cap
** Stock closed down 4.5% at $5.55 on Tues
** Shares have more than tripled over the past three months, putting them up 51% YTD
(Lance Tupper is a Reuters market analyst. The views expressed are his own) ((lance.tupper@tr.com 1-646-279-6380 ))
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