Company: IXHL
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029414
Chunk: 66

Company: Incannex Healthcare Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 66
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We may issue units in such
amounts and in such numerous distinct series as we determine.

Enforceability of Rights by Holders of Units

Each unit agent will act
solely as our agent under the applicable unit agreement and will not assume any obligation or relationship of agency or trust with any
holder of any unit. A single bank or trust company may act as unit agent for more than one series of units. A unit agent will have no
duty or responsibility in case of any default by us under the applicable unit agreement or unit, including any duty or responsibility
to initiate any proceedings at law or otherwise, or to make any demand upon us. Any holder of a unit may, without the consent of the related
unit agent or the holder of any other unit, enforce by appropriate legal action its rights as holder under any security included in the
unit.

<div align='center'>20

GLOBAL SECURITIES</div>

Book-Entry, Delivery and Form

Unless we indicate differently
in any applicable prospectus supplement or free writing prospectus, the securities initially will be issued in book-entry form and represented
by one or more global notes or global securities, or, collectively, global securities. The global securities will be deposited with, or
on behalf of DTC and registered in the name of Cede & Co., the nominee of DTC. Unless and until it is exchanged for individual certificates
evidencing securities under the limited circumstances described below, a global security may not be transferred except as a whole by the
depositary to its nominee or by the nominee to the depositary, or by the depositary or its nominee to a successor depositary or to a nominee
of the successor depositary.

DTC has advised us that it
is:

| ● | a limited-purpose trust company organized under the New York Banking Law; |

| ● | a “banking organization” within the meaning of the New York Banking Law; |

| ● | a member of the Federal Reserve System; |

| ● | a “clearing corporation” within the meaning of the New York Uniform Commercial Code; and |

| ● | a “clearing agency” registered pursuant to the provisions of Section 17A of the Exchange Act. |

DTC holds securities that
its participants deposit with DTC. DTC also facilitates the settlement among its participants of securities transactions, such as transfers
and pledges, in deposited securities through electronic computerized book-entry changes in participants’ accounts, thereby eliminating
the need for physical