Company: IXHL
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001213900-25-092837
Chunk: 172

Company: Incannex Healthcare Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1
Chunk 172
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 of the members of our executive team, as well as other key employees and consultants. If we lose one or more of our executive
officers or other key employees or consultants, our ability to implement our business strategy successfully could be seriously harmed.
Competition to hire and retain employees and consultants from this limited pool is intense, and we may be unable to hire, train, retain
or motivate such individuals.

We or the third parties upon whom we
depend may be adversely affected by geopolitical events, accidents, conflicts, medical epidemics or pandemics, extreme weather or other
natural disasters.

Our business, and any
third parties with whom we do business, may be adversely affected by accidents, power shortages, telecommunications failures, war, conflicts
(such as the current conflicts in the Middle East and the conflict between the Russian Federation and the Ukraine) acts of terrorism,
protests or other geopolitical events. Any unplanned event that results in us, or our third-party partners, being unable to fully utilize
facilities or technology may have a material and adverse effect on our ability to operate our business, conduct our research and development
activities and to generally maintain operations. We may incur substantial expenses as a result of the limited nature of our, or our third-party’s,
disaster recovery and business continuity plans. While we may maintain insurance as we deem reasonably appropriate, many of these contingencies
would likely not be covered by insurance, and we cannot assure you that the amounts of insurance coverage that we may acquire or have
acquired will be sufficient to satisfy any damages and losses. If we or our third-party partners are unable to operate, even for a short
period of time, any or all of our research and development programs may be harmed. Any business interruption may have a material and adverse
effect on our business, financial condition, results of operations and prospects.

Our existing and
any future joint ventures may limit our flexibility with jointly owned investments and we may not realize the benefits we expect from
these arrangements. We are currently party to a joint venture, and we may in the future sell or contribute additional assets or acquire,
develop or recapitalize assets to or in this joint venture or other joint ventures that we may enter.

Our participation in our
existing joint venture is, and our participation in future joint ventures may be, subject to risks, including the following:

●We share approval rights over certain major decisions affecting the ownership or operation of the joint venture and any assets owned
by the joint venture;

●We may need to contribute