regulatory
confidence high
sentiment negative
materiality 0.60
Incannex Healthcare Inc. (IXHL): Nasdaq/NYSE listing notice — Nasdaq notifies Incannex Healthcare of MVLS deficiency; 180-day cure period to July 2, 2025
Incannex Healthcare Inc.
- Received Nasdaq notice on Jan 3, 2025 for failing minimum $50M Market Value of Listed Securities (Rule 5450(b)(2)(A)).
- Must regain compliance by July 2, 2025; MVLS must exceed $50M for 10 consecutive business days.
- May apply to transfer listing to Nasdaq Capital Market if it meets requirements.
- Company does not believe transition would materially impact prospects.