Incannex Healthcare Ltd (ticker: IXHL) has experienced a notable recovery in its stock price following confusion over filing disclosures. The stock surged from approximately $0.80 to over $1.25 within a short period, with intraday trading showing gains exceeding 50%. The company’s share price reached a high of $1.63 in previous sessions. Trading was temporarily halted and later resumed amid this volatility. On July 31, Incannex confirmed it holds a strong cash position with $50 million in cash and stated it has no plans or requirement to fully utilize its At-The-Market (ATM) offering in the near term. This financial update appears to have supported investor confidence and contributed to the stock's upward momentum.