Incannex Healthcare: Is Life Better On Nasdaq?
Incannex Healthcare is planning to redomicile to the US in a move designed to access deeper pools of capital and increase the company’s long-term market valuation.
A newly formed company will become Incannex’s (IXHL) parent and issue shares on Nasdaq, in exchange for all Incannex’s existing common shares. The biotech company, which is currently dual-listed and based in Australia, will continue to focus on developing medicinal cannabis and psychedelic therapies.
In this interview, CEO Joel Latham discusses topics including:
- How the redomiciling and Nasdaq listing will impact active clinical programmes;
- What it will mean for future clinical development programmes;
- How the move will affect operational strategy; and
- The implications for the current shareholders.
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