Incannex Healthcare enters ATM sales agreement for up to $16.8M common stock offering

Incannex Healthcare Inc.

Sales agreement with A.G.P./Alliance Global Partners; 3.0% commission on gross proceeds.
Maximum aggregate sales price of $16,768,099 under the ATM facility.
Issuance restricted to $1.08 minimum per share until 30 days after release of March 2025 private placement.
Only 7 shares can be issued before stockholder approval; Company unlikely to use ATM in near term.
Company filed prospectus supplement dated April 7, 2025 for the offering.

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