Brief: Incannex Healthcare Announces Intention To Redomicile To United States
10/07/2023 02:53
July 10 (Reuters) - Incannex Healthcare Ltd IHL.AX :
* ANNOUNCES INTENTION TO REDOMICILE TO UNITED STATES, LIST
ALL
SHARES ON NASDAQ
* INCANNEX HEALTHCARE INC. WILL BECOME ULTIMATE PARENT
COMPANY OF
GROUP
* INCANNEX SHAREHOLDERS AND OPTIONHOLDERS WILL BE GIVEN
OPPORTUNITY TO VOTE ON REDOMICILING TO US IN OCTOBER 2023
* RE-DOMICILIATION NOT EXPECTED TO RESULT IN ANY MATERIAL
CHANGES
TO ASSETS, MANAGEMENT, OPS OR STRATEGY
* HOLDERS IN INCANNEX WILL BE ENTITLED TO RECEIVE ONE SHARE
OF
COMMON STOCK IN INCANNEX US FOR EVERY 100 INCANNEX SHARES HELD
* HOLDERS OF INCANNEX ADRS WILL BE ENTITLED TO RECEIVE ONE
INCANNEX US SHARE FOR EVERY FOUR ADRS HELD IN INCANNEX
* ESTIMATED NASDAQ SHARE PRICE WOULD CURRENTLY BE
APPROXIMATELY
US$8.00 PER SHARE
Source text for Eikon: ID:nASX3SS8YH
Further company coverage: IHL.AX
((Reuters.Briefs@thomsonreuters.com;))
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