Company: IXHL
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001213900-25-036057
Chunk: 60

Company: Incannex Healthcare Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 60
---
 shares of common stock will be deemed for all corporate purposes to evidence ownership of the number of whole shares into which the shares previously represented by the certificate were combined pursuant to the Reverse Stock Split. Our board of directors has approved the amendment to our Amended and Restated Certificate of Incorporation. The ratio of the Reverse Stock Split, within the parameters described, and the implementation and timing of such Reverse Stock Split shall be determined in the discretion of our board of directors. If the Reverse Stock Split is implemented, our transfer agent will advise registered stockholders of the procedures to be followed to exchange certificates in a letter of transmittal to be sent to stockholders. No written confirmations will be issued to a stockholder until the stockholder has surrendered the stockholder’s outstanding certificate(s), together with the properly completed and executed letter of transmittal, to our transfer agent. Any old shares submitted for transfer, whether pursuant to a sale, other disposition or otherwise, will automatically be exchanged for new shares. Our common stock will also receive a new CUSIP number. Certain of our registered stockholders hold some or all of their shares electronically in book -entryform with our transfer agent. These stockholders do not hold physical certificates evidencing their ownership of our common stock. However, they are provided with a statement reflecting the number of shares of our common stock registered in their accounts. If a stockholder holds shares of common stock in book -entryform with our transfer agent, no action needs to be taken to receive post -ReverseStock Split shares. If a stockholder is entitled to post -ReverseStock Split shares, a transaction statement will automatically be sent to the stockholder’s address of record indicating the number of shares of our common stock held following the Reverse Stock Split. Stockholders who hold uncertificated shares, either as existing holders of book -entryshares or as beneficial owners through brokerage or other “street name” accounts, would not be required to take any further action to receive their post -ReverseStock Split shares. They will have their holdings electronically adjusted to give effect to a Reverse Stock Split by our transfer agent (through the Direct Registration System) or, for beneficial owners, by their brokers, banks or other nominees which hold the shares in “street name” for their benefit. 34 Fractional Shares We will not issue fractional shares in connection with the Reverse Stock Split. Any fractional shares resulting from the Reverse Stock Split will be rounded up at the participant level with The Depository Trust Company. No Appraisal Rights No action is proposed herein