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Stock impact report

Incannex Healthcare Inc. (IXHL) Implements 1-for-30 Reverse Split Effective February 26 [Yahoo! Finance]

Incannex Healthcare Inc. (IXHL) 
Company Research Source: Yahoo! Finance
Incannex Healthcare Inc. (NASDAQ: IXHL is among the 11 Best Pot Stocks to Buy According to Hedge Funds Incannex Healthcare Inc. (IXHL) Implements 1-for-30 Reverse Split Effective February 26 On February 25, Incannex Healthcare Inc. (NASDAQ:IXHL) announced that its board of directors approved a 1-for-30 reverse stock split of the company's common stock. The reverse split had previously been approved by stockholders at a special meeting held on May 27, 2025. The split will take legal effect at 4:01 p.m. Eastern Time on February 26, 2026, with trading on a split-adjusted basis commencing February 27, 2026, under a new CUSIP number on The Nasdaq Capital Market while retaining the ticker symbol “IXHL.” The stated purpose of the reverse split is to increase the per-share trading price of the company's common stock to regain compliance with Nasdaq's minimum bid price requirement for continued listing, thereby preserving exchange listing status and access to public capital markets. On Show less Read more
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