---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-019724"
form_type: "8-K"
ticker: "IXHL"
cik: "0001873875"
company_name: "Incannex Healthcare Inc."
filed_at: "2024-03-05T23:59:59+00:00"
generated_at: "2026-06-05T04:12:48.326931+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Incannex Healthcare CFO Bhalla resigns; Joseph Swan appointed CFO effective Feb 29

## Summary
- Madhukar Bhalla resigned as CFO and Secretary effective Feb 28, 2024; no disagreement cited.
- Board appointed Joseph Swan, previously Treasurer and Controller, as CFO and Secretary effective Feb 29, 2024.
- Swan’s base salary set at A$205,000/year; eligible for STI up to 20% of fixed reward and LTI up to A$200,000 in shares.
- Swan, 32, has served as Treasurer since July 2023 and previously as Head of Finance of Incannex Australia.

## SEC filing metadata
- accession: 0001213900-24-019724
- form_type: 8-K
- ticker: IXHL
- cik: 0001873875
- company_name: Incannex Healthcare Inc.
- filed_at: 2024-03-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1873875/000121390024019724/0001213900-24-019724-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1873875/000121390024019724/ea0201207-8k_incannex.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-019724
- JSON: https://secwatch.observer/filing/0001213900-24-019724.json
- Plain text: https://secwatch.observer/filing/0001213900-24-019724.txt

## Key facts
- Executive change
  Madhukar Bhalla resigned as Chief Financial Officer and Secretary at Incannex Healthcare Inc..
  - Action: resigned
  - Role: Chief Financial Officer and Secretary
  source text: Madhukar Bhalla, Chief Financial Officer and Secretary of Incannex Healthcare Inc. (the “Company”), recently notified the Company of his decision to resign from his positions effective as of February 28, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1873875/000121390024019724/0001213900-24-019724-index.htm
- Executive change
  Joseph Swan was appointed as Chief Financial Officer and Secretary at Incannex Healthcare Inc..
  - Action: appointed
  - Role: Chief Financial Officer and Secretary
  source text: The Company’s Board of Directors has appointed Joseph Swan, the current Treasurer and Controller of the Company, as its Chief Financial Officer and Secretary effective as of February 29, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1873875/000121390024019724/0001213900-24-019724-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.