IHL 0.00% 4.1¢ incannex healthcare limited

Ann: Incannex to Acquire APIRx Pharmaceuticals, page-17

  1. 1,673 Posts.
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    I like this part,

    "At completion of the proposed transaction, the sellers of APIRx will each be required to enter a voluntary
    escrow deed for the IHL shares to be issued as scrip consideration pursuant to which all the IHL shares
    issued to the sellers at completion will be subject to voluntary escrow for a period of 12 months following
    completion".

    This way they can't offload any shares for at least 12 months.
 
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