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Incannex Healthcare Inc. (IXHL) Form 10-Q — May 15, 2026

$IXHLForm 10-QFiled May 15, 2026, 9:29 AM ET0001213900-26-057227Original filing

Incannex Healthcare Inc. (IXHL) reported a 1-for-30 reverse stock split effective February 26, 2026, to maintain Nasdaq listing compliance. All share counts and per-share metrics in the filing are adjusted to reflect this split. The company raised approximately $10 million in a registered direct offering in March 2026, selling shares and warrants at a combined price of $5.00 per unit.

Key figures

Revenue
0
Total Debt
0
Cash Position
74450000
Shares Outstanding
13683121
Reverse split ratio
1:30
Repurchase cost total
9100000
Offering gross proceeds
10000000
Offering price per share
5
Shares repurchased total
2100000

Price after filing

1 day: 0.0%7 days: -9.3%30 days: -1.5%

Close on the filing date to close N calendar days later (from $3.88). Historical, not a forecast.

AI analysis

Red flags4 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.