Incannex Healthcare Inc (stock code: IXHL) announced that the company has officially approved a 1-for-30 reverse stock split plan.
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This major adjustment is scheduled to take effect officially at 4:01 PM Eastern Time on February 26, 2026. A reverse stock split is typically intended to increase the trading price per share, optimize the equity structure, and lay a foundation for the company's long-term development in the capital markets.
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