"Whilst that 3-month period elapsed today and it has taken several months to address comments raised by the SEC, Incannex, in conjunction with its investment bank Roth Capital Partners, believes that is has adequately addressed such comments, and is in a position to conduct the Offering in January 2022. Incannex has ample existing placement capacity under ASX Listing Rules 7.1 and 7.1A to complete the Offering, particularly following a rise in share price over the preceding 3 months".
Fingers crossed for January then!
IHL Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
