Company: IXHL
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029414
Chunk: 70

Company: Incannex Healthcare Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 70
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 beneficial interest in a global security
that is exchangeable under the circumstances described in the preceding sentence will be exchangeable for securities in definitive certificated
form registered in the names that the depositary directs. It is expected that these directions will be based upon directions received
by the depositary from its participants with respect to ownership of beneficial interests in the global securities.

Euroclear and Clearstream

If so provided in the applicable
prospectus supplement, you may hold interests in a global security through Clearstream Banking S.A., or Clearstream, or Euroclear Bank
S.A./N.V., as operator of the Euroclear System, or Euroclear, either directly if you are a participant in Clearstream or Euroclear or
indirectly through organizations which are participants in Clearstream or Euroclear. Clearstream and Euroclear will hold interests on
behalf of their respective participants through customers’ securities accounts in the names of Clearstream and Euroclear, respectively,
on the books of their respective U.S. depositaries, which in turn will hold such interests in customers’ securities accounts in
such depositaries’ names on DTC’s books.

Clearstream and Euroclear
are securities clearance systems in Europe. Clearstream and Euroclear hold securities for their respective participating organizations
and facilitate the clearance and settlement of securities transactions between those participants through electronic book-entry changes
in their accounts, thereby eliminating the need for physical movement of certificates.

Payments, deliveries, transfers,
exchanges, notices and other matters relating to beneficial interests in global securities owned through Euroclear or Clearstream must
comply with the rules and procedures of those systems. Transactions between participants in Euroclear or Clearstream, on one hand, and
other participants in DTC, on the other hand, are also subject to DTC’s rules and procedures.

Investors will be able to
make and receive through Euroclear and Clearstream payments, deliveries, transfers and other transactions involving any beneficial interests
in global securities held through those systems only on days when those systems are open for business. Those systems may not be open for
business on days when banks, brokers and other institutions are open for business in the United States.

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Cross-market transfers between
participants in DTC, on the one hand, and participants in Euroclear or Clearstream, on the other hand, will be effected through DTC in
accordance with the DTC’s rules on behalf of Euroclear or Clearstream, as the case may