Incannex Healthcare Cancels Series A Warrants, Eliminates Potential Dilution of 347 Million Shares Ahead of Key Trial Results

Reuters
28 May
Incannex Healthcare Cancels Series A Warrants, Eliminates Potential Dilution of 347 Million Shares Ahead of Key Trial Results

Incannex Healthcare Inc. (Nasdaq: IXHL) has announced a binding agreement to cancel 172 million Series A Warrants, reducing potential dilution by up to 347.2 million shares. This follows a previous cancellation of 175.2 million shares earlier this month.

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