Jan. 14 at 4:45 PM
$IXHL Remember the private placement was from Mar 2025. They raised
$12.5 million capital from Institutions by issuing 9.7 million common shares & clause for warrants execution if share drops to a price ($.21 cents) .
In May-June, IXHL cancelled the 347 million warrants which was part of the agreement by paying back
$12.5 million as part of warrant clean-up.
These institutions still hold these common shares now. You will have to wonder where these shares can be used along with leadership having 43 million shares additionally in Nov.
