IXHL Negative Sentiment Score: 30/100
Market Announcement 17 November 2023 Incannex Healthcare Limited (ASX: IHL) - Suspension from Quotation Description The securities of Incannex Healthcare Limited ( IHL') will be suspended from quotation at the close of t
Monday, November 20, 2023 1 min read
Key Takeaway: Incannex Healthcare Limited (ASX: IHL) will have its securities suspended from quotation at the close of trading on November 17, 2023. This suspension follows the Federal Court of Australia's approval of a scheme of arrangement for Incannex Healthcare Inc. to acquire all issued securities in IHL. The trading halt is a significant event for shareholders and reflects ongoing restructuring efforts within the company.
Full Press Release Details
Incannex Healthcare Limited (ASX: IHL) - Suspension from Quotation
The securities of Incannex Healthcare Limited ( IHL')
will be suspended from quotation at the close of trading on Friday, 17 November 2023 under Listing Rule 17.2, following lodgement of the
Federal Court of Australia orders with ASIC approving the scheme of arrangement by which Incannex Healthcare Inc. will acquire all of
the issued securities in IHL.
Senior Adviser, Listings Compliance
| 17 November 2023 | | Market Announcement 1/1 |
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