Company: IXHL
Filing Date: 2025-05-28
Form Type: 8-K
Source: 0001213900-25-047988
Chunk: 3

Company: Incannex Healthcare Inc.
Filing Date: 2025-05-28
Form: 8-K
Item: Item 1.01
Chunk 3
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for a significant amount of net proceeds, if any. There can be no assurance that the remaining Series A Warrants will be cancelled in
part or in full.

If the number of shares underlying the Series
A Warrants is reduced to zero, then, upon payment of the Warrant Cancellation Payment, each of the Registration Rights, Agreement, Securities
Purchase Agreements and Series A Warrant will terminate in their entirety and be of no further force or effect.

The foregoing description of the Second Letter
Agreements is not complete and is qualified in its entirety by reference to the full text of the Form of Second Letter Agreement, a copy
of which is attached hereto as Exhibit 10.1, and is incorporated herein by reference.

Item 1.02 Termination of a Material Definitive Agreement.