Medicinal cannabis and psychedelics company Incannex Healthcare Limited (NASDAQ:IXHL) (ASX:IHL) commenced trading of its American Depositary Shares representing its ordinary shares on the Nasdaq Global Market under the ticker symbol 'IXHL'. Each IXHL ADS represents 25 ordinary shares of the company.
The listing on Nasdaq follows the declaration of effectiveness by the United States Securities and Exchange Commission of the company's registration statement on Form 20-F and formal approval from Nasdaq upon meeting the listing requirements.
