IPO - Incannex Healthcare Inc.
Form Type: S-1/A
Filing Date: 2025-04-16
Corporate Action: Ipo
Type: New
Accession Number: 000121390025032577
Filing Summary: This filing is Amendment No. 1 to Form S-1 for Incannex Healthcare Inc., presented to the SEC on April 16, 2025, which converts a prior registration statement on Form S-3 into a registration statement on Form S-1. The prospectus outlines the offering of 75,902,171 shares of Common Stock, initiated by selling stockholders, detailing both pre-funded warrants and Series A warrants for potential issuance of additional stock. As of the date noted, the company's shares are actively traded on Nasdaq, reflecting a closing sale price of $0.629 per share. The document emphasizes the company's commitment to biopharmaceutical research, focusing on treatments for chronic conditions, and notes that the company is classified as both an emerging growth and a smaller reporting company, subject to reduced public reporting requirements. Specific risks associated with investment are presented, highlighting potential volatility in share prices due to extensive stock offerings.
Additional details:
Address: Suite 105, 8 Century Circuit Norwest, NSW 2153 Australia
Telephone: +61 409 840 786
Ceo Name: Joel Latham
Ceo Title: Chief Executive Officer and President
Seller Shares: 9,687,045
Prefunded Warrant Shares: 1,887,045
Series A Warrant Shares: 64,328,081
Total Common Stock Outstanding: 27,546,753
Additional Shares Needed For Registration: 282,894,619
Adjustment Floor Price: 1.08
Expected Revenue: none expected in the foreseeable future
Traded Symbol: IXHL
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