Incannex states no plans to fully utilise ATM near term; cash ~$50M

Incannex Healthcare Inc.

Cash balance ~US$50M; no plan to fully utilise ATM in near term; sold only 1.97% of volume on Jul 30.
Company sold ~9.2M shares on Jul 30 under ATM, representing 1.97% of daily trading volume; previous use Jul 17.
CEO Joel Latham: ATM provides long-term flexibility; committed to minimising dilution for shareholders.

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