Company: IXHL
Filing Date: 2025-04-17
Form Type: PRER14A
Source: 0001213900-25-033013
Chunk: 62

Company: Incannex Healthcare Inc.
Filing Date: 2025-04-17
Form: PRER14A
Chunk 62
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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.

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Certain of our registered stockholders hold some
or all of their shares electronically in book-entry form 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-entry form with our transfer agent, no action
needs to be taken to receive post-Reverse Stock Split shares. If a stockholder
is entitled to post-Reverse Stock 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-entry shares or as beneficial owners through brokerage
or other “street name” accounts, would not be required to take any further action to receive their post-Reverse Stock 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.

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 for which the laws
of the State of Delaware, or our Amended and Restated Certificate of