Company: IXHL
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001213900-25-036057
Chunk: 28

Company: Incannex Healthcare Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 28
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 trading market, the liquidity of the Warrants will be limited. Rights as a Stockholder.Except as described above or by virtue of a holder’s ownership of shares of our common stock, the holder of a Warrant does not have the rights or privileges of a holder of our shares of common stock, including any voting rights, until the holder exercises the Warrant. 15 Fundamental Transaction.In the event of a fundamental transaction, as described in the Warrants, and generally including, with certain exceptions, any reorganization, recapitalization or reclassification of our shares of common stock, the sale, transfer or other disposition of all or substantially all of our properties or assets, our consolidation or merger with or into another person, the acquisition of more than 50% of our outstanding shares of common and preferred stock, or any person or group becoming the beneficial owner of more than 50% of the voting power represented by our outstanding shares of common stock and preferred stock, the holders of the Warrants will be entitled to receive upon exercise thereof the kind and amount of securities, cash or other property that the holders would have received had they exercised the Warrants immediately prior to such fundamental transaction. In addition, in certain circumstances, upon a fundamental transaction, the holders of the Series A Warrants will have the right to require us to repurchase their respective Series A Warrants at the Black -Scholesvalue; provided, however, that, if the fundamental transaction is not within our control, including not approved by our Board, then the holder will only be entitled to receive the same type or form of consideration (and in the same proportion), at the Black -Scholesvalue of the unexercised portion of the Series A Warrant that is being offered and paid to the holders of our common stock in connection with the fundamental transaction. Purchase Rights.If we grant, issue or sell any options, convertible securities, or rights to purchase stock, warrants, securities or other property on a pro rata basis to the record holders of our common stock (such rights, the “Purchase Rights”), then each holder of a Warrant will be entitled to participate in this offering of Purchase Rights as if the holder of a Warrant were a holder of our common stock. The amount of Purchase Rights that a holder of a Warrant could acquire would be the amount of Purchase Rights the holder could have acquired if the holder of a Warrant had held the number of shares of common stock acquirable upon complete exercise of their Warrant immediately before the date on