Incannex Healthcare
Incannex has completed option exercises to raise A$17.66m, with chief medical officer and director Dr Sud Argawal increasing his stake in the company to almost 9%.
A total of 118 million option securities were exercised at eight cents each before their September 30 2021 expiry, with a significant proportion held by Incannex directors or existing shareholders with a track record of long-term investment in the company.
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