Company: IXHL
Filing Date: 2025-04-16
Form Type: S-1/A
Source: 0001213900-25-032577
Chunk: 31

Company: Incannex Healthcare Inc.
Filing Date: 2025-04-16
Form: S-1/A
Chunk 31
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 Because each selling stockholder may dispose of all, none or some portion of their Shares, no estimate can be given as to the
number of Shares that will be beneficially owned by a selling stockholder upon termination of this offering.

For purposes of the table
below, however, we have assumed that after termination of this offering none of the Shares covered by this prospectus will be beneficially
owned by the selling stockholders and further assumed that the selling stockholders will not acquire beneficial ownership of any additional
Shares during the offering. In addition, the selling stockholders may have sold, transferred or otherwise disposed of, or may sell, transfer
or otherwise dispose of, at any time and from time to time, the Shares in transactions exempt from the registration requirements of the
Securities Act after the date on which the information in the table is presented. See the section titled “Plan of Distribution.”

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|                                                     |     | Beneficial Ownership   
 Prior to This Offering |           |     |      |      |   |     | Number of Shares 
 Being            |            |     | Beneficial Ownership 
 After this Offering  |   |     |         |   |
| Name of Selling Stockholder (1)                     |     | Shares                 |           |     | %(2) |      |   |     | Offered (3)      |            |     | Shares (4)           |   |     | %(2)(4) |   |
| L1 Capital Global Opportunities Master Fund (5)     |     |                        | 1,929,015 |     |      | 7.00 | % |     |                  | 12,650,362 |     |                      | — |     |         | — |
| S.H.N Financial Investments Ltd (6)                 |     |                        | 1,929,015 |     |      | 7.00 | % |     |                  | 12,650,362 |     |                      | — |     |         | — |
| Meteora Select Trading Opportunities Master, LP (7) |     |                        |   650,000 |     |      | 2.36 | % |     |                  |  6,325,177 |     |                      | — |     |         | — |
| Boothbay Absolute Return Strategies, LP (8)         |     |                        |   650,000 |     |      | 2.36 | % |