Incannex Healthcare Inc. has announced the filing of a prospectus supplement to enhance its "at-the-market" offering program, increasing its capacity by up to an additional $100 million. This strategic move aims to bolster the company's financial flexibility, offering an efficient avenue to access capital when deemed necessary. The decision to utilize this expanded facility will be at the company's discretion, influenced by market conditions and strategic priorities. The ATM is conducted under an Amended and Restated Sales Agreement with A.G.P./Alliance Global Partners and Curvature Securities, LLC. The increase in capacity does not obligate the company to issue shares, and future share sales will depend on various factors, including market demand and stock price.
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