regulatory
confidence high
sentiment negative
materiality 0.75
Incannex Healthcare Inc. (IXHL): Nasdaq/NYSE listing notice — Incannex receives Nasdaq bid price deficiency notice; cure period until Oct 20, 2025
Incannex Healthcare Inc.
- Closing bid price of IXHL common stock below $1.00 for 30 consecutive trading days.
- Nasdaq granted 180-day compliance period ending October 20, 2025.
- If not compliant, Company may transfer to Nasdaq Capital Market for additional 180-day cure.
- Lead asset IHL-42X (obstructive sleep apnea) Phase 2 top-line data expected before end of H1 2025.
- Company evaluating options including reverse stock split to regain compliance.