Company: WELNF
Filing Date: 2025-10-31
Form Type: PRE 14A
Source: 0001104659-25-104954
Chunk: 27

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-10-31
Form: PRE 14A
Chunk 27
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ation Amendment Proposal is not approved, and the Business Combination
is not completed on or before December 15, 2025, then as contemplated by and in accordance with the M&A, the Company will (i) cease
all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days
thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust
Account including interest earned on the funds held in the Trust Account and not previously released to us to pay taxes (less up to $100,000
of interest to pay dissolution expenses), divided by the number of then issued and outstanding Public Shares, which redemption will completely
extinguish public shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any),
subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our
remaining shareholders and our Board, liquidate and dissolve, subject in each case to our obligations under Cayman Islands law to provide
for claims of creditors and the requirements of other applicable law.

The Sponsor, the Company’s
prior sponsor and the officers and directors of the Company have waived their rights to participate in any liquidation distribution with
respect to the 2,875,000 Class B Ordinary Shares held by them. There will be no distribution from the Trust Account with respect
to the Company’s warrants, which will expire worthless in the event the Company dissolves and liquidates the Trust Account.

Would I still be able to exercise my redemption rights if I vote against the M&A Amendment Proposals?

Yes, assuming you are a shareholder
as of the record date and continue to hold your shares at the time of your Election (and subsequent redemption payment). However, redemption
payments for Elections in connection with this Meeting will only be made if the M&A Amendment Proposals receive the requisite shareholder
approvals. If you do not redeem your public shares in connection with the Meeting, you will retain your right to redeem your Public Shares
upon consummation of the Business Combination, subject to any limitations set forth in the M&A (as amended by the M&A Amendments).

When and where is the Meeting?

The Meeting will be held at the offices of Ellenoff Grossman &
Schole LLP at 1345 Avenue of the Americas, 11 Floor, New York, New York 10105, or at such other