Everything will remain > as it currently operates on the ASX - No changes - for IHL shareholders. > in addition investors will be able to buy IHL shares on the NASDAQ in the form of a "Package" meaning an investor can buy 1 x IXHL on the NASDAQ and that package will in effect contain = 25 ASX IHL shares.
So, the NASDAQ dual listing means investors in North America will find it more convenient to buy an interest in Incannex via the NASDAQ and Australian investors can continue to do the same on the ASX. Each share will have "Parity" meaning that the price increases and decreases on the ASX will be reflected on the NASDAQ and vice-versa.
The thing that may be confusing here is that to get some IXHL's listed on the NASDAQ someone will need to "Package" up some IHL shares on the ASX and convert them over to IXHL packets (25:1) ratio for some liquidity over there!
Here is an image that I have been posting to make the process visible - The IXHL's trading on the NASDAQ are also known as ADS or ADR's
So someone will need to buy some IHL shares on the ASX from existing IHL shareholders, package them into ADS/ADR's for trading on the NASDAQ.
