Company: IXHL
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029414
Chunk: 55

Company: Incannex Healthcare Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 55
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 any tax or other governmental charge payable in connection with a transfer or exchange.

You may effect the transfer
of certificated debt securities and the right to receive the principal of, premium and interest on certificated debt securities only by
surrendering the certificate representing those certificated debt securities and either reissuance by us or the trustee of the certificate
to the new holder or the issuance by us or the trustee of a new certificate to the new holder.

Global Debt Securities and
Book-Entry System. Each global debt security representing book-entry debt securities will be deposited with, or on behalf of, the Depositary,
and registered in the name of the Depositary or a nominee of the Depositary. Please see the section entitled “Global Securities”
for more information.

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Covenants

We will set forth in the
applicable prospectus supplement any restrictive covenants applicable to any issue of debt securities.

No Protection in the Event of a Change of Control

Unless we state otherwise
in the applicable prospectus supplement, the debt securities will not contain any provisions that may afford holders of the debt securities
protection in the event we have a change in control or in the event of a highly leveraged transaction (whether or not such transaction
results in a change in control) that could adversely affect holders of debt securities.

Consolidation, Merger and Sale of Assets

We may not consolidate with
or merge with or into, or convey, transfer or lease all or substantially all of our properties and assets to, any person, or a successor
person, unless:

| ● | we are the surviving corporation or the successor person (if other than Incannex) is a corporation organized                           
 and validly existing under the laws of any U.S. domestic jurisdiction and expressly assumes our obligations on the debt securities and 
 under the indenture;                                                                                                                   |

| ● | immediately after giving effect to the transaction, no Event of Default (as defined below), shall have 
 occurred and be continuing; and                                                                        |

| ● | certain other conditions are met. |

Notwithstanding the above,
any of our subsidiaries may consolidate with, merge into or transfer all or part of its properties to us.

Events of Default

“Event of Default”
means with respect to any series of debt securities, any of the following:

| ● | default in the payment of any interest upon any debt security of that series when it becomes due and payable,                           
 and continuance of such